Concrete Craft offers decorative concrete products and installation services for residential and commercial customers. The franchise enhances properties with artistic and durable concrete solutions.
Key Insights
- Concrete Craft began with a vision to elevate decorative concrete services. The business has grown from its origins to establish a nationwide presence, offering specialized solutions for driveways, patios, walkways, and pool decks, serving residential and commercial clients.
- The franchise operates through a network of trained professionals who utilize proprietary processes and a wide array of design options, including stamping, staining, and engraving. This operational model ensures consistent quality and a broad appeal for customizable concrete transformations.
- The decorative concrete industry is experiencing sustained demand for aesthetically pleasing and durable surface solutions. Homeowners and businesses seek to enhance property value and curb appeal through innovative concrete applications that outperform traditional materials.
Franchise Fee and Costs to Open
Exploring the financial picture of Concrete Craft gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $156,330 - $233,450, along with a franchise fee of $19,950 - $19,950.
Financial Performance and Revenue
Yearly gross sales of $321,390 and estimated earnings of $44,995 - $57,851 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 4.3-6.3 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Concrete Craft provides comprehensive training for new franchisees. The initial training program is two weeks long and takes place at their corporate facility. Concrete Craft offers extensive resources, including operational manuals and marketing collateral. They also provide access to ongoing support and a network of fellow franchisees. This foundation helps new owners develop their business.
Legal Considerations
Legal considerations for a Concrete Craft franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
New franchisees may encounter a competitive landscape within their local markets, requiring a keen understanding of existing service providers. The operational complexity of managing multiple installation crews, material sourcing, and customer service necessitates efficient systems. Furthermore, a reliance on specific suppliers for decorative concrete materials and equipment presents a consideration for maintaining consistent project timelines and quality.
Franchise Datasheet
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