Do you want to start a home building business franchise but you lack ideas? If YES, here are 20 best home building franchise opportunities for 2019.
There are so much to consider when hoping to start a construction business, especially one as delicate as home building. You’ll have to come up with a great business plan, wade through local and state registration, employ great staff, and put together a killer marketing strategy that sets your business apart.
Irrespective of the business route you choose when starting your home building company, there are a few basic financial and business tenets you’ll need to know if you want to be successful.
First, you will have to understand that every successful business has to begin with a solid business plan. This business plan does more than just commit your company’s vision to paper, it also ensures that the fundamental ideas behind your company make sense, and can bring in real and substantial income.
Once you’re satisfied with your well articulated business plan, the next step is to look into the rules, licenses, and registrations required within your business’ location. The general construction industry’s requirements make starting a business a unique procedure.
Note that registering your business as a legal entity is the next step toward solidifying your company. There are several ways to register your home building company, or any company for that matter. But the most common and straightforward option is often to form a limited liability corporation (LLC).
There are different kinds of LLCs available to you as well—some are as small as a single-owner structure that lets you pay your business taxes straight from your personal filing, and others that create more structure and allow for several business partners to draw annual salaries.
Also have it in mind that your municipality would surely require home building companies to have specific licenses to work within their boundaries. Although some may be as simple as being a recognized contractor within the town, county, or state. Others may be more daunting, such as licenses to install HVAC equipment or do other subcontracting work.
Note that insuring your home building business is just as important as registering it. Construction is an inherently danger-prone business, given that you’re working with heavy machinery, electricity, and other equipment that could do a fair bit of damage.
General liability insurance is a must, as this protects you against worksite injuries, accidents, and other mishaps that could otherwise leave you with hefty bills (or even legal liability issues, depending on your circumstances). You’ll also want to look into vehicle and property insurance policies to make sure your company’s machinery and equipment are covered.
If your interested in starting a Home building business without having to experience the daunting process of starting from the scratch, below are 20 Best Home Building Franchises available in the United States.
50 Best Home Building Franchise Opportunities for 2019
- Handyman Intl. LLC
Mr. Handyman is part of the Service Brands International franchise system, which also includes Molly Maid and ProTect Painters. Mr. Handyman began franchising in 2000, and franchisees offer handyman services, including insulation installation, bathroom repairs, carpentry, home building and maintenance, drywall service, deck repairs and more.
- Initial Investment: $111,500 – $143,100
- Initial Franchise Fee: $54,900 – $54,900
- Ongoing Royalty Fee: 7%
- Ad Royalty Fee: 2%
2. Arthur Rutenberg Homes
Arthur Rutenberg is indeed a respected name in homebuilding, right from 1953 when he built his first home upon the four “cornerstones” that would make him legendary: design, craftsmanship, service and responsibility. Today in modern America, Arthur Rutenberg Homes, Inc. remains of the biggest networks of independently owned and operated homebuilding companies in the nation, with franchised homebuilders throughout Florida, Alabama, Georgia, Indiana, North Carolina, Ohio, South Carolina, Tennessee and Virginia.
An Arthur Rutenberg Homes franchise combines the experience, passion and local market knowledge of independent builders with the business systems, architectural talent and proven marketing strategies behind one of the country’s most respected brands. These tools open the potential for growth well beyond what many entrepreneurs could realize on their own.
- Initial Investment: $500,000
- Total Investment: Unknown
3. Archdeck Franchise
The demand for outdoor living spaces continues to grow each year, making it one of the most popular remodelling categories for home improvements. Report has it that the demand for outdoor living spaces is on the rise, as more than 60% of architects responding to an AIA survey said they had seen an increase in outdoor living space requests.
Archadeck is North America’s leading design/build service provider. Outdoor Living remodelling and construction is a multi-billion dollar business in North America, with strong growth trends that show no signs of slowing based on the latest consumer research.
- Total Investment: $31,400 – $103,550
- Cash Required: $50,000
4. N-Hance Wood refinishing: N-Hance is a wood refinishing franchise that uses a proprietary refinishing process and product line that requires no sanding and uses an instant-curing U.V. process for hardwood floors and kitchen cabinets.
- Initial Investment: $49,913 – $153,179
- Liquid Cash Requirement: $50,000
- Initial Franchise Fee: $9,413 – $42,179
- Ongoing Royalty Fee: $346-$692/mo.
- Ad Royalty Fee: $200/mo.
5. Assist U2 Build™
Note that with over 40 Years Experience in General Contracting, Construction and consulting services, Assist U2 Build™, combines its resources and experience in the building, insurance and construction fields to streamline the entire home building process. The company boasts of a proven, successful business experience in the building construction industry and a core willingness to follow the AU2B system.
- Initial Investment: $53,500
- Total Investment: $53,500 – $214,000
6. A-1 Concrete Levelling
Indeed, as long as there is concrete, there must always be a market for levelling concrete surfaces. Households, communities, and businesses everywhere can experience cracked sidewalks, uneven steps, and sunken driveways.
A-1 Concrete Levelling self-contained levelling unit provides a simple, direct way to meet a common need of homeowners and businesses in your own protected territory, so that you can turn stumbling blocks into stepping stones for others, while turning opportunity into profitability for yourself.
- Initial Investment: $115,500
- Liquid Cash Requirement: $5,000
Jet-Black is known as a national leader in asphalt (black-top) sealcoating and repair. Services include seal coating, crack repair, joint repair, power cleaning, oil treatment, sunken asphalt repair, line striping, infrared repair, and more asphalt maintenance services.
Residential sealcoating (driveway sealing) and black-top maintenance, as well as commercial (parking lot, town homes, etc.) sealcoating and asphalt repair are provided by Jet Black. Note that Jet-Black Franchise Group now focuses on franchise success through a proven business model, ongoing corporate support, a variety of marketing options, and the use of high quality equipment and products.
- Initial Investment: $43,025
- Liquid Cash Requirement: $20,000
8. Impact Permitting
Impact Permitting rose from being a small business with just three customers in 2006, to a prosperous business with a large and growing client base, comprised of both local and national companies, with a reputation earned by always striving to provide the highest levels of service and care.
Note that in the course of building and expanding the business, an internal process was developed to track the status of every permit submitted by Impact Permitting. This process is now being developed into an online application, in which clients may track the status of their permits and interact with staff. Impact has also developed a construction consulting division to assist with drawings, inspections and any other issues that may arise.
- Initial Investment: $35,000
- Total Investment: $35,000
9. Concrete Craft
Concrete Craft, previously known as All American Decorative Concrete, was founded in 2006 by two passionate entrepreneurs named John Kostro and Dan Lightner. It’s vision was to establish the first national decorative concrete franchise that makes the customer a top priority by delivering one-of-a-kind products at the fairest price. Concrete Craft specializes in stamped concrete, stained concrete and decorative concrete overlay services for both residential and commercial properties.
- Initial Investment: $112,940
- Net-worth Requirement: $150,000
- Liquid Cash Requirement: $97,000
10. Garage Experts
Garage Experts is a popular franchise system that specializes in the installation of Garage Floor Coatings, Garage Storage Cabinets, Garage Ceiling Racks and Garage Slat-Wall. Note that this opportunity is positioned well to provide the services needed by homeowners who are updating or enhancing their garages every day.
The demand for garage home organization products is expected to rise rapidly, 5.6% per year through 2017 – 2022. Several of the top homeowner garage upgrade requests include: cabinets, slat wall, flooring, hanging racks. Garage Experts offers a turn-key business opportunity for those entrepreneurs who are driven to provide a great product and value to their customer.
- Total Investment: $48,053 – $85,982
- Cash Required: $30,000
11. Fresh Coat
Fresh Coat is a home based, low investment, low overhead business in a high-growth industry. Fresh Coat Painters provide extensive training and support programs – including how to work with experts in the field that are part of the franchise ownership experience. Franchisees are there to manage and grow the business.
- Total Investment: $53,850 to $81,750
- Cash Required: $60,000
12. ABC Inc.
This company was founded by Gerald Beyers in 1973, ABC Seamless provides homeowners with seamless siding sales and installation. Originally a general remodel company, today the company offers steel siding, rain gutter and window installations. In 1995, Beyers was inducted into the North Dakota Entrepreneur Hall of Fame.
- Initial Investment: $86,000 – $268,500
- Initial Franchise Fee: $12,000 – $12,000
- Ongoing Royalty Fee: 2-5%
13. Floor Coverings International
When you invest in a home improvement franchise, you are truly investing in an opportunity that has ample potential for growth and prosperity. Floor Coverings International have taken franchise opportunities in the industry to a new level by creating a mobile flooring franchise concept.
Note that being “mobile” means you do not need the traditional storefront when you invest in a flooring franchise, and it also means lower cost. A Floor Coverings International franchise investment covers everything you need to get started in a thriving industry that has a lot of potential, with a business model and systems that are proven to work.
- Total Investment: $153,400 – $214,400
- Cash Required: $75,000
14. Five Star Painting
Five Star Painting is a full-service professional painting company specializing in residential and commercial interior and exterior painting. With over 170 locations—and growing, the company’s primary focus is on helping franchisees meet and exceed their financial, professional and personal goals.
With franchising, you get the independence of starting your own business with the security of joining forces with a nationally recognized brand. The combination of your energy and ambition with the experience and expertise of a larger company is explosive in its potential for success.
- Total Investment: $69,700 – $179,250
- Cash Required: $50,000
UBuildIt was founded in 1988 and has been franchising since 1998. UBuildIt is a company that helps customers who want to do their own building or remodelling projects but aren’t sure of where to start. Franchisees assist customers in the planning and construction process with tasks such as obtaining plans, permits, subcontractors, financing and site inspections.
- Initial Investment: $93,000 – $193,000
- Net-worth Requirement: $50,000 – $150,000
- Liquid Cash Requirement: $50,000 – $150,000
- Initial Franchise Fee: $29,500 – $29,500
- Ongoing Royalty Fee: $1K+/mo.
16. Concrete Raising of America
Concrete Raising of America (CRC ) is known as the world’s premier concrete franchise opportunity. It is recognized by independent authorities throughout the franchise community. Concrete Raising of America relies on its 70+ years of experience in raising settled concrete to establish new, dynamic franchise locations in metropolitan areas.
CRC Concrete Raising of America, Inc. continues to grow and has recently begun research and discovery on an international basis with specific focus on Canada and Australia. Concrete Raising of America, Inc. continuously updates and provides detailed information on operational, technical, sales, and marketing strategies and advancements.
- Initial Investment: $34,900
- Net-Worth Requirement: $300,000
- Liquid Cash Requirement: $70,000
17. Tri-State Creations
This is one of the country’s top home remodelling and building companies that offer 100% financing. Tri-State Creations is a well-established and well recognized construction finance brokerage firm. It provides a wide range of new construction and renovation services as well as the flexible financing packages to fit within your budget.
- Initial Investment: $54,250
- Total Investment: $54,250 – $75,233
18. Honest Abe Roofing
Honest Abe Roofing was founded with the goal to create a marketing and sales-based business model and to improve upon how roofing products and services were promoted and provided in a highly-fragmented marketplace. Honest Abe Roofing provides you with an independent sales-focused business ownership opportunity you can truly be proud of with a corporate philosophy inspired by Abraham Lincoln.
- Total Investment: $153,471 – $250,285
- Cash Required: $50,000
This company is all about enhancing the quality of life of their customers. The company is renowned for it’s ideology of work hard and play hard with a passion of transforming outdoor spaces into beautiful living places. Great pride and great pleasure is derived from taking on an outdoor area and making it more lovable, enjoyable and beautiful.
With a combination of over 55 years of construction experience, which includes home building, landscape and hardscape contracting as well as the shade sail business, this company boasts of a successful business franchise that is spread all over the United States.
- Initial Investment$: 79,900
- Total Investment: $79,900 to $145,500
20. Wausau Homes
Note that over the last 50 years, Wausau Homes has refined a system of controlled construction that has revolutionized the industry. Wausau Homes originated as a dairy route in rural Marathon County Wisconsin. Today, the company work’s exclusively with carefully chosen independent professional custom home builders in local markets because they know the local codes and regulations. The company has also established relationships with reputable subcontractors in the area, and they are the most suited to do the best job.
- Initial Investment: $35,000
- Total Investment: $35,000 – $50,000
Have it in mind that there are plenty of steps to get your home building company off the ground, but the upfront investment of your time and effort will surely pay off in the end. But it’s important you understand the need to start off on the right foot. This will create less work down the line when you’re busy running daily operations.
Note that every step you take set’s you up for long-term success, which is the ultimate goal of running any business. So long as you’re in the planning stages anyway, it’s best to check off all of these requirements at first, rather than playing catch-up later.