4/10

Franchimp Summary Rating

4 /10
Higher than 64% of peers

Franchise Summary

Description
The franchise offered is for the operation of a granite and stone recycling business that re-purposes granite and stone remnants by turning them into different size products and selling them to architects, builders, contractors and homeowners for construction and remodeling projects. This is a "green" environmentally-friendly business that eliminates landfill waste, saves energy, makes products using proprietary equipment and creates jobs, under the name "Recycled Granite "
Company Background
Recycled Granite is a franchise opportunity for the operation of a granite and stone recycling business that re-purposes granite and stone remnants by turning them into different size products and selling them to architects, builders, contractors, and homeowners for construction or remodeling projects. This is an environmentally friendly business that eliminates landfill waste, saves energy, makes products using proprietary equipment, creates jobs under the name Recycled Granite(TM).
Franchise Opportunity
The construction and remodeling industries create a lot of waste that often ends up in landfills. Not only is this bad for the environment, but it also costs money to dispose of this waste properly. Recycled Granite offers a unique solution that not only benefits the environment, but also saves money and creates jobs. We recycle granite and stone remnants into different size products, which are sold to architects, builders, contractors, and homeowners for construction and remodeling projects.
Corporate Structure
Recycled Granite Franchise, LLC is an Indiana limited liability company, incorporated on May 29, 2015. They do business under the same name as their corporate name “Recycled Granite Franchise, LLC” and may also use the name “Recycled Granite”, “Recycled Granite Eco Shop” or “My Choice Recycling”. Their principal business address is 8348 Heron Lake Road, Saint John, Indiana 46373.
Investment and Franchisee Fees
The Initial Franchise Fee is $15,000 to complement an existing business with a Recycled Granite™ business (“Complementary Model”) or for a new startup business (“Standard Model”) with protected rights to operate in a specific area as defined by the franchisor. Additional franchises may be available for those franchisees who have bought at least one franchise, at a reduced fee of $10,000 per Franchise. The total investment necessary to begin operation of a Recycled Granite™ franchise ranges from $44,150 to $55,425 for a Complementary Model and from $48,200 to $76,425 for a Standard Model which will depend on a number of factors which are further discussed in Item 7. These figures include the Initial Franchise Fee of $15,000 for either a Complementary Model or a Standard Model (as discussed in Item 5) that must be paid to the Franchisor or its affiliate.

Employee Contact Database

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Distribution of Recycled Granite Franchisees

Recycled Granite Franchise System Development in 2018

FAQ

How much investment do I need to start my own Recycled Granite business?
Franchisees typically require at least $102 to $83 investment to get their Recycled Granite business started
What are the initial franchise fees for Recycled Granite?
Franchisees typically need to pay at least $25 in fees directly to Recycled Granite in order to earn the right to launch their business
How much money can I make with a Recycled Granite franchise? What are the average revenues for a typical Recycled Granite business?
We haven’t done the math on how much revenue a typical Recycled Granite brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect Recycled Granite to generate a similar amount
How long do I need to commit to running a Recycled Granite unit? What is my contractual commitment?
Recycled Granite franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $258,100 to $480,500 which is Much Higher than the $0 to $0 average in the Services-General 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

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