Franchise Fundamentals Yonkers NY

A residential construction-related franchise in Yonkers 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

Multinational Strategies
(212) 674-2677
30 5TH Ave Ste 11G
New York, NY
Big Bucks Auto
(718) 291-0850
13903 Queens Blvd
Jamaica, NY
Georgica Capital Advisors Llc
(201) 420-9778
50 Journal Sq
Jersey City, NJ
C & S Shipping
(718) 723-4441
19920 Linden Blvd
Jamaica, NY
Rich and Bander, LLP
(646) 843-9913
15 W. 28th St Ste 7A
New York, NY
DLC Management
(914) 304-5698
580 White Plains Road, Suite 330
Tarrytown, NY
Marsar Calloway Management
(718) 592-8200
5921 Calloway St
Flushing, NY
Flatiron Consulting Inc
(212) 627-4806
130 W 24TH St
New York, NY
Roslyn Hospitality Consultants
(516) 509-6645
85 Roundhill Rd
Roslyn Heights, NY
H & B Management
(718) 458-0925
11116 Roosevelt Ave
Flushing, 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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