Franchise Fundamentals Newburgh NY

A residential construction-related franchise in Newburgh 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

Ann Barber Consulting
(845) 255-1777
92 Sparkling Ridge Road
New Paltz, NY
WET-TEK
(845) 255-7400
PO Box 1043
New Paltz, NY
Town & Country Condominiums
(845) 895-8122
3104 State Route 208
Wallkill, NY
Delaney & Co.
(845) 452-5967
PO Box 3807
Poughkeepsie, NY
Thomas W Wade Assoc
(845) 229-0013
4236 Albany Post Rd
Hyde Park, NY
LECHSAM GROUP, LLC
(914) 500-2121
Seven Bayberry Drive
Peekskill, NY
Council of Industry
(845) 565-1355
6 Albany Post Road
Newburgh, NY
Bella Terra Apartments
(845) 256-1119
151 State Route 32 South
New Paltz, NY
Clinton Properties, LLC
(845) 255-1855
5 Locust Lane
New Paltz, NY
Idiverp Corporation
(845) 256-9039
16 High Pasture Road
New Paltz, 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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