Franchise Fundamentals Stony Brook NY

A residential construction-related franchise in Stony Brook 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

Black Women Enterprises
(516) 485-5900
730 Fulton Ave
Hempstead, NY
Thompson Health
(585) 396-6098

Canandaigua, NY
Nile General Services
(212) 571-3400
180 Broadway
New York, NY
Electro Nova Products
(212) 533-6001
128 2nd Ave
New York, NY
Garage Management Corp
(212) 759-5290
420 E 51st St
New York, NY
DiTomasso Designs & Consultations, Inc.
32 Glasgow Avenue
Deer Park, NY
National Linen Service
(315) 798-1221
111 Charles St
Utica, NY
K I K Proprietor
(914) 962-6304
345 Kear St
Yorktown Heights, NY
Peekskill Business Improvement Dist
(914) 737-2780
16 S Division St
Peekskill, NY
Services For the Underserved
(718) 220-2286
226 E Fordham Rd
Bronx, NY
Data Provided by:
  

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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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