
Precision Concrete Cutting
Uneven-sidewalk repairs- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$155K - $182K
- Units as of 2021
-
70 12.9% over 3 years
Here’s what you need to know if you’re interested in opening a Precision Concrete Cutting franchise.
Precision Concrete Cutting is a trip hazard removal company that uses unique techniques to correct ineffective sidewalks. The company was founded in 1991, just one year after the Americans with Disabilities Act of 1990, which requires all buildings and sidewalks to be easily accessible by people with disabilities. Thus, Precision Concrete Cutting was born.
Precision Concrete Cutting, which began franchising in 2002, came to be after creator Ballard Gardner realized that the sawing method used for correcting ineffective sidewalks was messy and took too much time. Gardner then got the idea to design equipment that could deliver seamless results within a short period. Since the equipment was Gardner's invention, he decided to patent the equipment and created a business.
Precision Concrete Cutting’s headquarters is located in Provo, Utah.
Why You May Want to Start a Precision Concrete Cutting Franchise
Precision Concrete has received many awards for its technological advancements in American concrete cutting. There are over 50 Precision Concrete Cutting franchise units in operation around the U.S. and Canada. As a franchisee, you'll remove trip hazards in concrete sidewalks outside schools, hospitals, residential buildings, shopping malls, universities, and around the city.
Aside from the marketing that comes with the brand name, Precision Concrete Cutting offers extensive marketing tools to ensure your business receives constant traffic. Every time you need assistance in operating the company, Precision Concrete Cutting will assign a franchise representative to help resolve the issue.
What Might Make a Precision Concrete Cutting Franchise a Good Choice?
Precision Concrete Cutting is a growing business that allows franchisees to renew their term of agreement for a sum after ten years of operation.
Franchises are available in select states, including Alaska, Maine, New Hampshire, New Mexico, New York, Ohio, Texas, and Vermont.
As part of the franchising process with Precision Concrete Cutting, potential franchisees will need to meet the company's set net worth and liquid capital. Franchisees may also need to pay a franchise fee along with an undetermined, initial investment range. The investment range may depend on the equipment, training, rent, wages, permits, licenses, and other various charges needed to open a franchise location. Precision Concrete Cutting will also collect a yearly royalty fee and advertising fee on the franchisee's gross income.
As you explore the franchising process, it might be a good idea to consult a financial planner and an attorney to ensure you are financially ready and able to take on a franchise location with Precision Concrete Cutting.
How Do You Open a Precision Concrete Cutting Franchise?
After submitting your initial franchising inquiry, a Precision Concrete Cutting representative will walk you through the franchising process. If you are chosen to franchise, you will complete the mandatory training and meet with other Precision Concrete Cutting franchisees.
Franchisees may also receive help when choosing their territory and setting up as they prepare for a grand opening. Franchisees pride themselves on completing a job quickly and leaving the sidewalks better than the way they were found.
Company Overview
About Precision Concrete Cutting
Franchising Overview
- Franchising Since
- 2002 (20 years)
- # of employees at HQ
- 8
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 70 (as of 2021)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Precision Concrete Cutting 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
- $135,000
- Initial Investment
- $155,000 - $181,500
- Net Worth Requirement
- $150,000
- Cash Requirement
- $72,000
- Royalty Fee
- 9%
- Ad Royalty Fee
- $3.5K/yr.
- Term of Agreement
- 10 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
- 13 hours
- Classroom Training
- 5 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesRegional AdvertisingSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- # of employees required to run
- 7-10
- Are exclusive territories available?
- Yes
Interested in franchise ownership like Precision Concrete Cutting? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Precision Concrete Cutting landed on this year’s Franchise 500 Ranking versus previous years.
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