Storm Guard offers exterior home protection products and storm damage repair services within designated geographic areas. The franchise specializes in roofing, siding, and gutter repair.
Key Insights
- Storm Guard began with a vision to provide reliable storm damage repair services, building a reputation for quality workmanship and customer satisfaction across residential and commercial properties. The business has grown organically, adapting its operational model to meet evolving market demands and establish a strong presence.
- The franchise operates through a network of independent owners who provide comprehensive storm restoration services. This includes detailed inspections, project management, and coordination with insurance companies, ensuring a streamlined process for property owners experiencing damage.
- The storm restoration industry addresses a consistent need for repairs and rebuilding following severe weather events. This sector encompasses roofing, siding, window, and gutter services, providing essential solutions for property preservation and safety in diverse geographic regions.
Franchise Fee and Costs to Open
Exploring the financial picture of Storm Guard 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 $209,300 - $247,600, along with a franchise fee of $65,000 - $65,000.
Financial Performance and Revenue
Yearly gross sales of $2,117,495 and estimated earnings of $254,100 - $317,625 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 1.3-3.3 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
Storm Guard provides comprehensive initial training, lasting two weeks, conducted at their headquarters. This program offers franchisees a foundation in operational procedures and brand standards. Storm Guard also offers ongoing support through various resources.
Legal Considerations
Legal considerations for a Storm Guard franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee in the Home & Building Services sector, mirroring a Storm Guard model, may encounter various considerations. Local market saturation from established competitors can present an initial hurdle. Ensuring consistent quality and efficient execution of services, especially with varying project scopes, requires robust operational oversight. Furthermore, reliance on particular material suppliers for repairs or installations introduces a dependency that necessitates careful management.
Franchise Datasheet
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