Franchise Fundamentals Astoria NY

A residential construction-related franchise in Astoria can be a great investment — for the right firm or manager. However, the price remodelers have to pay is more than just the purchase cost — it includes significant capital to buy the territory and set up the franchise as well as payment of royalties over the duration of the partnership.

Local Companies

Valvo Vincent
(212) 977-4542
219 W 48TH St
New York, NY
National Consulting Llc
(718) 247-1000
4141 38TH St
Long Island City, NY
Balcolm Consulting Svc
(718) 826-0200
496 Flatbush Ave
Brooklyn, NY
Sledge Inc
(201) 860-9902
100 Warren St
Jersey City, NJ
Bibi Lighting
(718) 787-1420
1716 Avenue M
Brooklyn, NY
Wdg Consulting
(201) 656-0660
323 Grand St
Hoboken, NJ
Econo Tel
(718) 706-9033
1315 37TH Ave Ste 2
Long Island City, NY
Roger Bendelac Advisors
(212) 937-8423
575 Madison Ave Ste 1006
New York, NY
Harbourside Capital Management
(201) 239-1331
22 Hudson Pl Ste 2S
Hoboken, NJ
Stanson Automated
(718) 249-8063
1099 Clarkson Ave
Brooklyn, NY
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Source: REMODELING Magazine
Publication date: March 1, 2005

By Nina Patel

A residential construction-related franchise can be a great investment — for the right firm or manager. However, the price remodelers have to pay is more than just the purchase cost — it includes significant capital to buy the territory and set up the franchise as well as payment of royalties over the duration of the partnership.

But even more of a concern for remodelers is the loss of autonomy over their business. Remodelers who enter a franchise agreement must be willing to restrain the self-reliant entrepreneurial spirit they called on to start up and run their company.

Some franchisors compare the process of finding, evaluating, and joining a franchise to the process of dating, engagement, and marriage — with the franchise contract as a pre-nuptial agreement that spells out the responsibilities of both parties.

Indeed, the back and forth can be both fun and frightening, and the future not always clear. Fortunately, there are questions to ask and answer and processes to follow to make finding “the one” all the more successful.

Why Buy?

Buying a franchise has many benefits. A franchisor provides a sophisticated analysis of the market for their product or service, proven systems, peer and company support, buying power, and upped resale value.

For construction industry novices, a franchise offers a map to success.

Click here to read full article from Replacement Contractor

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