Franchise Summary
Description
Epcon Communities Franchising Inc unique development system provides use of intellectual property and guidance for the development construction and marketing of a residential care-free living community using unique architectural designs.
Company Background
Epcon Communities is a franchisor of residential communities. We provide our franchisees with the right to use our proprietary development system and copyrighted architectural plans, which are based on years of experience in developing successful communities. The company provides its franchisees with the opportunity to develop, construct and market their own projects consisting of residential dwellings under this model.
Franchise Opportunity
Buying a house is one of the biggest investments you will make in your lifetime. Purchasing real estate can be tricky, but there's good news; we've developed a system that takes all the guesswork out of home ownership. Epcon Communities provides everything you need to start building your own profitable housing community. We'll even provide you with an experienced management team and ongoing support so that you don't have to worry about anything except collecting rent checks!
Corporate Structure
Epcon Communities Franchising Inc. is an Ohio corporation incorporated on April 26 1995. They do business under the names “Epcon Communities Franchising, Inc.”, “Epcon Communities Franchising”, “Epcon Homes & Communities” and “Epcon Communities”. Their principal business address is 500 Stonehenge Parkway Dublin Ohio 43017.
Royalties and Marketing Fees
Royalties : $2,000 per month, but is $0 if you closed on the sale of a Unit in the preceding month. $5,000 per month if you violate the terms of your Franchise Agreement regarding transfer.
Royalties : $500 Per Month
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Franchise Types Available
| # | Type | Investment | Fees |
|---|
Management Team
| # | Name | Position |
|---|
Distribution of Epcon Communities Franchisees
Epcon Communities Franchise System Development in 2022
FAQ
How much investment do I need to start my own Epcon Communities business?
Franchisees typically require at least $3 to $5 investment to get their Epcon Communities business started
What are the initial franchise fees for Epcon Communities?
Franchisees typically need to pay at least $80 in fees directly to Epcon Communities in order to earn the right to launch their business
How much money can I make with a Epcon Communities franchise? What are
the average revenues for a typical Epcon Communities business?
We haven’t done the math on how much revenue a typical
Epcon Communities brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$952,375 revenue, so we would expect
Epcon Communities to generate a similar amount
How long do I need to commit to running a Epcon Communities unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$3,373,725 to $5,054,640
which is
Much Higher
than the $0 to $0 average in the Building & Construction industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
Franchises in the Same Industry
Popular Franchises
Is this your Franchise?
Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today
CLAIM THIS FRANCHISE