- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$57K - $85K
- Units as of 2020
2 0.0% over 3 years
Roofing Giant is a roofing company headquartered in Frisco, Texas. It strives to be known for superior engineering and construction standards. Roofing Giant is a fully certified roofing company populated by a professional team with a collective experience of more than 25 years.
Roofing Giant makes it its mission to ensure the durability of roofs and quality services by using superior materials and artistry. With the core values of leadership, excellence, trust, and respect, the roofing experts believe they have cemented their reputation amongst satisfied and repeat customers.
Since the beginning, Roofing Giant’s purpose has been to make people happy by restoring their property and building the best roofs possible at the best price, while offering the highest quality work and material to go along with excellent customer service.
Why You May Want To Start a Roofing Giant Franchise
If you’re passionate about providing durable, beautiful, high-quality roofs for homeowners and commercial building owners, then a Roofing Giant franchise could help you build upon that passion. Not only will franchisees get the training necessary to create durable roofs, but they will also be able to offer clients a wide variety of choices regarding the type of materials used, including wood shakes, asphalt shingles, clay tiles, metal roofs, and seamless gutters.
Opening a Roofing Giant franchise may offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
What Might Make a Roofing Giant Franchise a Good Choice?
As you decide if opening a Roofing Giant franchise is the right decision for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Roofing Giant franchise would do well in your community because while competition is healthy, too much of it may not allow for the most possible growth.
Roofing Giant may offer home-based and mobile franchises to willing franchisees, potentially broadening your horizons and lowering your overhead costs.
To be part of the Roofing Giant team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How To Open a Roofing Giant Franchise
Before making any financial commitment or signing an agreement with the Roofing Giant, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Roofing Giant franchising team questions.
If awarded a franchise, franchisees will receive a great deal of support from the Roofing Giant brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. Roofing Giant franchisees may also receive hands-on training and continued support after their franchise location has opened.
About Roofing Giant
- Related Categories
- Restoration Services, Cleaning/Restoration, Roofing
- Parent Company
- Roofing Giant
- Oleg Shtereb, President
- Corporate Address
2770 Main St., #168
Frisco, TX 75034
- Franchising Since
- 2020 (2023-2020 years)
- # of employees at HQ
- # of Units
- 2 (as of 2020)
Information for Franchisees
Here's what you need to know if you're interested in opening a Roofing Giant 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $57,050 - $84,500
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Roofing Giant has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
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
- 20 hours
- Classroom Training
- 20 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Roofing Giant? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Roofing Giant landed on this year's Franchise 500 Ranking versus previous years.
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