- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$166K - $291K
- Units as of 2022
-
7
Company Overview
About OLO Builders
Industry | Services (Other) |
---|---|
Related Categories | Home Building, Building Services |
Founded | 2019 |
Parent Company | OLO Builders Inc. |
Leadership | Dean Anderson, CEO |
Corporate Address |
5748 S. Adams Ave. Pkwy. Ogden, UT 84405 |
Social |
Business Overview
Franchising Since | 2020 (4 years) |
---|---|
# of employees at HQ | 11 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 7 (as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a OLO Builders franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$65,000 |
---|---|
Initial Investment
|
$166,100 - $291,000 |
Net Worth Requirement
|
$250,000 |
Cash Requirement
|
$150,000 |
Royalty Fee
|
3.5% |
Ad Royalty Fee
|
1.5% |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 40 hours |
---|---|
Classroom Training | 20 hours |
Ongoing Support |
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 5 |
Are exclusive territories available?
|
No |
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