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Promoted Opportunities
#392
Initial Investment
LOW: $150,000
HIGH: $176,500
Change in Units
+7.4% +4 UNITS (1 Year)
+20.8% +10 UNITS (3 Years)
Company Profile
Founded
1991
Franchising Since
2002 (15 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 - $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
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new units internationally.
Operations & Franchisor Support
Training Onsite: 5 days
Training at headquarters: 5 days
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional 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 26th, 2016
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