Epcon Communities Franchise

Condominium community development system

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In 1986, Philip Fankhauser and Edward Bacome founded Epcon Homes & Communities in Columbus, OH when they built their first residential community. Three years later, a local builder who wanted to utilize their successful design and floor plans for a community in a nearby city approached the duo. The partners were hesitant to license their already proven system out to other builders and, at the time, had little interest in expanding outside of the Columbus market. However, their designs and floor plans became so widely popular that others also soon came calling, seeking to build an Epcon Homes & Communities-style development in neighboring cities or in outlying areas of Ohio. Fankhauser and Bacome finally granted the first license to use their successful construction plans and the franchising concept was born. The company began franchising in 1995 and has not looked back. Epcon Communities and its franchisees built over 25,000 homes and established franchises in 30 states.Epcon is seeking new franchise units throughout the U.S.Epcon's long-term goal is to expand into all 50 states, Canada and Central America.#398 in Franchise 500 for 2020.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Epcon Communities, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Epcon Communities website.

How much does it cost to open a Epcon Communities Franchise ?

The investment required to open a Epcon Communities Franchise is between $887,200 - $4,569,000 . There is an initial franchise fee of $50,000 which grants you the license to run a business under the Epcon Communities name.

Individual Franchise Costs

  • Initial Investment:
    $887,200 -
  • Initial Franchise Fee:
    $50,000
  • Royalty Fee:
    1% to 2%
  • Advertising Fee:
    $500/ month
  • Term of Agreement:
    Completion of 1 market area
  • Renewal Fee:
    $25,000

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Other Financing Source(s):
3rd-party financing available

Training
Available at headquarters

Support
Toll-free phone line, field consultants, Intranet, marketing, training

Marketing
Marketing plans, materials, field support

Epcon Communities Growth History

When did the first Epcon Communities open? 1986
When did Epcon Communities start Franchising ? 1995

Year U.S.A. Canada International Corporate
2007 138 0 0 0
2006 134 0 0 0
2005 119 0 0 0
2004 88 0 0 0
2003 63 0 0 0
2002 44 0 0 0
2001 34 0 0 0

Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

General business experience Upper management experience

Canada,



How much does a Epcon Communities Franchise owner make?

How much money you could make as a Epcon Communities Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Epcon Communities Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$50,000 - $4,569,000
Initial Franchise Fee
$50,000
Royalty Fee
1% to 2%
Advertising Fee
$500/ month
Term of Agreement
Completion of 1 market area
Renewal Fee
$25,000
Latest News
Villas Of Stonehenge Receives Best Floorplan Award
Kalamazoo
2006-11-01
Epcon Communities Moves Up On Builder Magazine's Top 100 List

2006-05-01
Wnc Lifestyle Communities Wins Epcon Communities Highest National Award

2006-02-28
Epcon's Annual Flower Contest
Dublin, Ohio
2005-04-15
Nation's Only Condo Franchiser Growing Fast As Empty Nesters Fuel Demand
Las Vegas
2004-01-19 View All
Epcon Communities Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Epcon Communities and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Epcon Communities franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.