Archadeck Franchise Opportunities
HOW MUCH IS AN ARCHADECK FRANCHISE?
Archadeck can be considered to be one of the topmost networks that specialize in designing custom-built decks, porches and so many other outdoor products. If you have the desire to buy into the Archadeck Franchise opportunity, you will be tapping into a pool of wealth as the services and products rendered by the company are in high demand. The question now is ‘how much is an Archadeck franchise?’
ABOUT THE COMPANY
Archadeck opened its first office in Richmond, Virginia in the year 1980. And the company is considered to be the pioneering company that renders such services as construction of decks, sunrooms, screened porches, gazebos, garages, trellises, arbours, bridges, landscape pavers, room additions, planters, benches, private fences, light landscape designing, swing supports, deck lighting, and so many other repairing, remodelling and altering services that enhance outdoor facilities.
IS ARCHADECK OUTDOOR LIVING A FRANCHISE?
The important question an entrepreneur might want to know will be is Archadeck Outdoor living a franchise?The company sells franchise opportunities to prospective franchisees and they have been doing this since the year 1984, just 4 years after the company was established.
WHAT IS THE ARCHADECK FRANCHISE OFFER?
The franchise offered by the company to its franchisees is the right and the license to operate an outdoor living business under the Archadeck Brand, within a certain location and under the terms and conditions set by the company’s Franchise agreement.
WHY YOU SHOULD BUY AN ARCHADECK FRANCHISE
Before an entrepreneur will delve into any kind of business, it is quite necessary to understand the importance and benefits of the business. Buying into an Archadeck franchise comes with its own benefits too and these we will highlight as follows:
- When you buy into an Archadeck Franchise opportunity, you tend to attain personal satisfaction. The business affords you with the opportunity to run it either from home or from a small office space. The business schedule is quite flexible and you are totally in control of how it is being operated.
- The company has proven sales process that will impress your potential customers. Designs are presented to clients in a 3D rendering which gives accurate depiction of the proposed project.
- The market demand is so strong that you as an Archadeck franchisee has the potential to break even in such a short period of time. In the United States alone, there are about 80 million homes and of this vast number, 60 million homes need to be decked. And these decks must be replaced at least in 10-20 years. So you can just imagine the sales and revenue potential of this franchise.
- The low over-head cost of the business is an added advantage you won’t want to miss out on. As a franchisee with the company, you might not necessarily need a storefront, even workers as building crews are paid per job. This drastically reduce cost of paying regular employees. Your inventory is also quite negligible as materials to run a project are only gotten after your clients have made a down payment.
HOW MUCH DOES AN ARCHADECK FRANCHISE COST?
Buying into an Archadeck franchise can be so lucrative, but it does come with its own financial implications. In order for the company to grant you license to operate an Archadeck franchise unit, you will be expected to have a net worth requirement of about $100,000 and a liquid cash requirement of about $80,000. The total investment that you will need to expend will be in the tune of $46,450 to about $100,000. The Archadeck Franchise cost will also include the initial franchise fee payable to the company.
ARCHADECK FRANCHISE FEE
The Initial Archadeck Franchise fee is the payment you make to the company to get the license to operate an Archadeck Franchise unit. This will range between $24,500 to $49,500 and you will also be expected to make an ongoing royalty fee of about 5% of the gross revenue of your franchise unit and also an additional 4% ad royalty fee.
DOES ARCHADECK FRANCHISE OFFER TRAINING
As a new franchisee with the company, you will be expected to attend a mandatory training, which usually hold for 5 days at the company’s corporate head office in Virginia or any other location that the company chooses. The company may also decide to hold a compulsory annual conference to discuss new methods of sales and management techniques with its franchisees and stakeholders.
DOES ARCHADECK FRANCHISE OFFER FINANCING?
Financing a new franchise unit is possible with Archadeck franchise. What the company does is to provide funds for qualified franchisees if they are able to meet with the requirements for that. The company’s finances will cover the Archadeck franchise fee and the company most of the times, pays 100% of the required fee.
Other than this, the company does not offer any other form of financing both directly or indirectly, neither do they guarantee a franchisee’s note, lease and obligation.
WHAT IS ARCHADECK FRANCHISE TERMS AND OBLIATIONS
The period at which a franchisee with Archadeck Franchise will be able to hold the company’s license is 7 years. The franchisee may decide to extend this at the expiration of the initial period. And this will only be possible if they are able to meet up with the company’s terms and conditions set for extension.
HOW TO OPEN AN ARCHADECK FRANCHISE
A potential franchisee with the company must have acquainted himself with all the information about the Archadeck franchise opportunity and also ensure they can meet up with the financial requirement for opening a franchise unit. The next step to take is to submit an application on the company’s website. Feedback will be given after the application has been reviewed and the prospect will be assigned an Archadeck Franchise manager that will assist them with the franchise opening process.