Transcript for:
Innovative Low-Cost Service Business Ideas

okay I've got three completely off the radar service businesses that have almost no competition low startup costs and potentially really easy money to be made in your city or small town opportunity is often found in the hard work that you are usually avoiding but frankly these three business ideas don't even really require that was hard work all you really need is some basic skills tools and equipment and also some simple straightforward marketing strategies to get all three of these businesses off the ground and the phone ringing off the hook also if you're new to the channel my name is Adam zingler and this channel is dedicated to helping you find off the radar service businesses that you can potentially start in scale to $10 million in annual revenue over the course of a decade now maybe you don't have plans to really want to scale to $10 million but even if you just want to start a business and start to build it into something successful consider liking and subscribing okay business idea number one which is tankless water heater flushing and guys tankless water heaters have really grown in popularity over the last 5 or 10 years in many ways now they are kind of seen as the better alternative to traditional water heaters they last longer they use less electricity and they provide on demand hot water so you essentially never run out of hot water and up until recently I always thought that tankless water heaters were a maintenance-free system but as it turns out tankless water heaters actually need to be flushed every 12 months providing a unique and potentially reoccurring business model for the select few people that actually work in this space cleaning a Tess water heater is a relatively simple process however it will require homeowners to go out and buy a flush kit for around $130 and then spend a couple hours watching YouTube videos to figure out how to clean it typically higher-end homes and senior citizens would just prefer to pay somebody to come out once every 12 months and flush the tank and that's where you potentially come in let's go ahead and break down the numbers so you can see how much money you can potentially make running a tankless water heater flushing business and then we'll also break down some creative strategies for ways to Market so that you have customers lining up to what the service to be done okay so breaking down the numbers at least out here in Colorado you can charge about $150 for the average tankless wire flush and assuming that you can do four of those a day that works out to be about $600 a day which works out to be $3,000 a week 12,000 a month and $144,000 a year if you want to turn this into a full-time business working for yourself okay so a couple key thoughts guys the average water flush really shouldn't take you more than an hour and a half including setup this is a relatively easy unskilled labor job where you can potentially make $600 a day and most of the money goes straight into your pocket because there's really very little cost for materials in a job like this now if you haven't been through some of my other videos my background is in founding a marketing agency that helps blue colar businesses build and scale their businesses and get their marketing together basically and from there I started a sand blasting company which turned into the biggest mobile sand blasting company in Colorado so I have a background in blue collar and in marketing let's go ahead and dive into marketing and I will tell you the strategies that I see would potentially build and grow a business like this relatively quickly okay so here are some marketing channels that will actually cause you to grow door to-door sales get somebody out there handing out flyers hanging door hangers you need to secure a number one position on Google specifically in the Google Map section how you do this is you need to create a Google business page and then you need to start layering in Fest star Google reviews you need to find people that will actually write you Google reviews and you need to at least be getting one five star Google review every single week for the first year and that will secure you in the number one spot on the first page of Google for this service you won't have to pay anything once you're there you will just organically get all the calls for people searching for this you need to be posting other the community groups like next door Craigslist Facebook really like you need to be in the Facebook groups you need to be on Facebook you potentially need to be running ads on Facebook it's really inexpensive to run ads on Facebook it will drive sales once again direct mail any sort of direct mail piece that you mail it's costly but I'm telling you it will convert to sales called email works sending people call emails and really just in general running social media ads so look at all your platforms where people are sitting and run ads on Instagram Facebook Tik Tok anywhere where people are looking in the evenings run an ad featuring this kind of a server I would highly recommend highly highly recommend that you avoid Yelp A's list a home advisor any of those kinds of websites they are pure evil they screw over so many people so many different companies just stay away from Yelp Angie's List and Home Advisor go towards some of the other marketing channels they will be much better for you also if you're looking for some help to get your business off the ground or maybe you have't established business that you're just trying to get more leads coming in the door and grow it quicker consider coming over to buildup university.com this is our website it's a resource website up in the top right hand corner there's a button that says schedule conversation you can click on that button you can fill out the form we will set up a 15minute conversation with you it doesn't cost anything and we'll just see if there's any way that we can potentially help you build or start your business okay service business idea number two which is an annual Home maintenance business and anybody that's a homeowner knows that owning a home takes work to make sure that everything is running smoothly and well maintained lend which is what your sits on is an appreciating hard asset but the wooden box which is your house that sits on that land is a depreciating wooden box that overtime falls apart and breaks down and it requires ongoing annual maintenance there's certain things that really just need to be taken care of on a house to ensure that the maintenance is well taken care of and that there are things breaking on an annual basis here's a list of the things that you really need to be taken care of with a house on an annual basis clean out gutters roof inspections test once sprinkler and irrigation system routinely weekly Lawn Care window proofing the house such as like turning off the outside hoses and stuff like that provide Chimney Sweep and inspection clean dryer exhaust and vents drain hot water heater check fire extinguisher exercise water supply valves such as toilets faes dishwasher clothes washer stuff like that clean bathroom exhaust fans inspect decks and siding check seals around the windows and doors inspect foundation and crawl spaced look for sides for termites and check the septic tank and in all these maintenance related issues there's probably a reoccurring monthly subscription service that people would be willing to pay for to ensure that you take care of all of these maintenance issues that come up every single year here's what the potential monthly reoccurring package could potentially look like okay so the Home Maintenance package would basically be $199 a month per customer if you sign up 100 customers that would be 19,900 almost 20,000 a month which would work out to be $238,000 a year not a bad small little service business if you can get 100 customers a year to get on this monthly reoccurring Home Maintenance package okay service business idea number three which is a portable sawmill business and this is another just super off the radar business that you probably didn't even know existed but there are actually portable sawmill businesses and you'd be surprised how many people cut down trees on their property and really wouldn't mind paying a little extra to have those trees miled right there on their property and turn turned into Lumber logging is actually a really big industry and there's people that get paid a lot of money to allow the trees on their land to be logged every 10 or 15 years those people might also be interested in having you come on the land log the trees every 10 or 15 years and give them that Lumber to be able to build a barn or some other large structure for their property woodmizer is one of several high-end brands that you could potentially pick up a portable sawmill from a quick look on their website shows that you can buy a portable sawmill ranging anywhere from $3,300 to $90,000 the woodmizer highest end model that lt70 can quickly convert logs that are 3 ft in diameter and 20 ft long into highquality Lumber and if you add bed extensions it can potentially Mill logs up to 45 ft long let's break down the numbers so you can see how much money you can potentially make running a portable sawmill company and just so you know the safest and most secure way to price for this kind of work is to price on an hourly basis and that hourly ranges anywhere between $65 and $120 an hour pricing at an hourly rate transfers all of the risk of daily output to the customer so for the purpose of just getting some rough pricing we are going to break down the numbers based on an hourly rate of $90 an hour okay so looking at a quick Revenue breakdown as we said we're going to run with an average hourly rate of $90 an hour depending on where you're at in the country this could be less or more and I heard it in the comments guys but for the purpose of this video we're going to go with $90 an hour we're going to assume that you can run the equipment for 6 hours a day which works out to be $540 a day which works out to be $2,700 a week a little over $1,000 11,400 and something a month and 137,000 in change for the year okay that wraps up service business idea number three of off the RAR service businesses if you like this video we're going to link a playlist of other fantastic business ideas that have been featured on this channel we have a whole list of videos that have service business ideas like this that are just off the radar hidden businesses that you wouldn't think of and consider liking and subscribing guys if this kind of content is of interest to you and you feel like it's valuable to you consider following along okay on to the next