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Entrepreneur: Start & Grow Your Business

Precision Concrete Cutting

Trip-hazard removal

Background

Founded: 1991 Franchising since: 2002
3191 N. Canyon Rd.
Provo, Utah 84604
Phone:
(801)830-4060


Franchisor is a publicly-held company with 15 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 26 0 0 1
2007 19 0 0 1
2006 14 0 0 1
2005 11 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Virginia, Vermont, Washington, West virginia, Wyoming
Outside the U.S.: Australia/new zealand, Canada, Western europe

Exclusive territories available.
Territory size: 2-3 million population in suburban areas

Costs and Fees

Total investment: $120K
Franchise fee: $55K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $75K
Business Experience:
  • General business experience
  • Marketing skills
  • Basic computer skills

Operations
  • Franchise can be run from home
  • 20% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 1 week

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Internet
  • Security/safety procedures
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • Regional advertising

Other marketing support
  • Sales leads

Rankings

Franchise 500® rank:
#376 (2007);

Top New Ranking:
#24 (2007);