Franchise Fundamentals Riverhead NY

A residential construction-related franchise in Riverhead 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

Affiliated Professional Services
(914) 682-2016
50 Main St
White Plains, NY
Conrad Close & Ewald P C
(845) 856-8713
161 Jersey Ave
Port Jervis, NY
Pricewaterhousecoopers Llp
(315) 479-0324
1 Lincoln Ctr
Syracuse, NY
Garage Mgmt Company Llc
(212) 861-9695
337 E 64th St
New York, NY
N Y City of
(212) 639-9675

New York, NY
Grubb & Ellis Management Services Inc
(212) 751-9649
115 E 57th St
New York, NY
Payment System Merchant Services
(516) 393-5858
6800 Jericho Tpke
Syosset, NY
Concentrix Capital Mgmt Lp
(914) 741-5436
555 Pleasantville Rd
Briarcliff Manor, NY
East Point Advisors
(212) 319-7437
226 E 54th St
New York, NY
Associated Global Systems
(716) 632-7107
160 Lawrence Bell Dr
Buffalo, NY

Provided By:

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