Franchising in association with Blockbuster From franchisee to franchisor the success story of Magic Man 24 | MAKING MONEY | www.makingmoney.co.uk franchising From franchisee to franchisor THE SUCCESS STORY OF MAGIC MAN GROUP, AS TOLD BY CEO MARK HENDERSON W hen Mark Henderson left the Royal Navy in May 1993, he had one clear ambition in mind. He wanted to be his own boss and in control of his own destiny. It’s an ambition that’s been very successfully fulfilled. Mark has built Magicman into a multi-million pound business and the UK’s leading hard surface repair company, and he is now offering people with entrepreneurial drive the chance to follow in his footsteps by buying a Magicman franchise. He explains how franchising helped him succeed and why it is now at the heart of Magicman’s future growth strategy. WHY FRANCHISING? I understood from reading some resettlement literature that the failure rate of a new business was less likely when a franchise route was chosen. It also seemed the most effective way of establishing a new business from scratch - forgive the pun. The fact that a lot of effort had been made by any franchisor in establishing and understanding his business model and ironing out any issues before bringing it to market was a big plus. WHAT WERE YOU LOOKING FOR IN A FRANCHISE? I was confident of my own interpersonal skills and work ethic and I thought to choose a franchise that played to my skill set. I wanted something different, to have a competitive edge or uniqueness about it. The key to me was not to be one of many, but be able to bring a new, exciting and scalable business to market. YOU SELECTED ONE OR TWO FRANCHISES. HOW DID YOU MAKE THE FINAL DECISION? I was concerned that adequate training was available to cover off those necessary skills that I either needed to improve or lacked. I also put a lot of store in how I felt about those franchisors I met; did they ask the right questions and were they genuinely interested and concerned in myself and my family? I was effectively reviewing them, as much as they were me. I decided on an American bath resurfacing franchise, as this was the most innovative I could find and drew no comparisons in the UK. I was attracted to this as I could immediately see the advantage of repair over replacement. www.makingmoney.co.uk | MAKING MONEY | 25 Refurbishment, as the Americans call it, is always a cheaper and less disruptive alternative. DID THE FRANCHISE EXPERIENCE LIVE UP TO YOUR EXPECTATIONS? I found it difficult to wear the many hats required to run your own business. I was salesman, accountant and marketing material distributor, as well as being the only front line worker. I had to understand the franchisor’s system of working, while additionally adapting to a civilian way of life. I didn’t receive the support I had been led to believe I would. I paid the money and was left to get on without much support. The franchisor quickly moved on to recruiting other franchisees. WHAT WAS THE DRIVING FACTOR IN SETTING UP ON YOUR OWN? The opportunity to expand the business into new areas beyond bath resurfacing, driven by increasing repair requests outside of the franchise capability, was too attractive to ignore. Through research and my previous training in the Royal Navy, I already knew how to repair other surfaces and together with Kevin Maxted, our technical director and coincidentally my first employee, the Magicman concept was born. WHAT SERVICES DOES MAGICMAN PROVIDE? builders, hotels, insurers, letting agents and property managers. Most importantly, a Magicman franchise offers an opportunity to establish, maintain and grow your own business that is supported at every level. A fully comprehensive five-week training course is provided. The course encompasses health and safety, legal and other compliance issues, as well as the technical training required to deliver the repair services. Fundamentals of business practice - marketing, IT, accounting, etc - are also included. Additionally, an initial marketing programme is developed together with the franchisee and key personnel from the organisation will conduct visits to assist and further develop the franchisee. From my experience as a franchisee and the success achieved over the last 21 years, I believe I have an in-depth understanding of what is required to launch a successful business. This is why at Magicman, for those franchisees who need it, we can undertake various back office functions during the first 12 months to aid the franchisee’s growth. With our head office handling calls and scheduling work, as well as monitoring accountancy functions on their behalf, we relieve a lot of the stress normally associated with a new business start-up. WHAT TYPE OF FRANCHISEE ARE YOU LOOKING FOR? Our ideal candidate will have ambition and drive. He or she must be flexible and willing to learn. It is particularly important that a candidate has the right personal attributes, combined with a hands-on practical ability. We are striving to select only those we feel are compatible with our corporate ethos and who are capable of managing, running and most importantly expanding their business. IS HELP AVAILABLE WITH BUSINESS PLANNING? Yes. Clive is available to help potential franchisees understand the complexities and requirements of a well drafted business plan, as it is our goal for every franchisee to be a success. IS FINANCING AVAILABLE? Lloyds Bank has been kind enough to offer financing on a varying scale to any potential franchisee who presents them with a viable business plan. Q. WHAT OF THE FUTURE? Magicman is now the UK’s premier hard surface damage repair service. Our technologies allow us to repair and resurface damage areas and items such as scratches, chips, dents and cracks on site. We can repair all types of hard surfaces either internal or external, saving clients a great deal of time and money over the alternative of replacement. Ultimately, Clive and I have designs on international exposure for the franchise, hence the name Magicman Global Licensing. We have already received interest from around the globe, including Australia, America and the Middle East. The full potential of this unique business is yet to be realised and therein lies the key to many franchisees’ success. HOW HAVE THE LAST 21 YEARS FARED? HOW DOES A POTENTIAL FRANCHISEE START THEIR JOURNEY? We have built a solid reputation for quality and reliability, while also continuing to be at the forefront of repair technology and development. Our expansion from local, to regional, to a national presence and our growth across new markets, including insurance, marine, service industries, education and health, has enabled us to deliver a turnover of £4 million and an increasing international order book. The core Magicman business is no longer able to service our original domestic customer base at a level we would like. To resolve this issue and to further cement the brand, a decision to investigate franchising was made in January 2014. HOW DID YOU AND CLIVE SMITH MEET? I was introduced to Clive by a business acquaintance in late 2013. His pedigree was impressive, having worked in the franchise industry for much of his career, including 15 years at Dyno-Rod, Dyno-Plumbing and Dyno-Secure. Clive was also instrumental in exporting the Dyno-Rod franchise to America. This national and international experience appealed to me and I was lucky that Clive was available. A fortuitous meeting, one might say. WHAT DOES A MAGICMAN FRANCHISE OFFER? Owning a Magicman franchise offers the opportunity to run a specialist, premium service business with tremendous potential. It is a traditional man-and-van business, easily run from home, but has the scope to expand into a multi-van operation. Franchisees will develop a local customer base with our help in both the domestic and commercial sectors, such as With a simple phone call or email to Clive. MM FOR MORE INFORMATION ■ Call 0845 4680960, email [email protected] or visit www.magicmanfranchise.co.uk. FREE INFO NO: 4954
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