Precision Concrete Cutting

Precision Concrete Cutting

#354

Initial Investment

LOW: $150,000
HIGH: $176,500

Change in Units

+13.0% +7 UNITS (1 Year)
+11.1% +6 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1991

Franchising Since

2002 (14 Years)

Corporate Address

3191 N. Canyon Rd. Provo, UT 84604

CEO

Aaron Ollivier

About Precision Concrete Cutting

Precision Concrete Cutting franchisees use the company's patented methods to repair uneven sidewalks sawing away trip hazards instead of the conventional method of grinding. Based in Provo, Utah, Precision Concrete Cutting was founded in 1991 and began franchising in 2002.

Financials

Financial Requirements

Initial Investment

$150,000 - $176,500

Net-worth Requirement

$150,000

Liquid Cash Requirement

$72,000

Ongoing Fees

Initial Franchise Fee

$130,000

Ongoing Royalty Fee

9%

Ad Royalty Fee

$3.5K/yr.

Financing Options

Precision Concrete Cutting has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Franchise 500® Rank History

  • 2007 - 376
  • 2010 - 363
  • 2011 - 305
  • 2012 - 496
  • 2014 - 340
  • 2015 - 317
  • 2016 - 354

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new units internationally.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Ongoing Support
Purchasing Co-ops
Meetings
Toll-Free Line
Internet
Security

Marketing Support
Ad Slicks
National Media

Number of employees required to run: 7 - 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 16th, 2015

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Previous Years Rankings

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