Build Your Own American Dream Home, LTD
Franchise Data
| Industry: |
Home Services |
| Established: |
2001 |
| Franchised: |
2004 |
| Total Franchises: |
10 |
| Cash Required: |
$45,000 |
| Investment Required: |
Less than $50,000 |
| NetWorth Required: |
N/A |
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Business Concept :
As a Franchise Owner you will advertise through various media to attract
customers/clients who desire to build a custom home on their property.
Franchise Owner will provide full-service, home-building consulting to your
customer/client. Unlike typical custom home-building companies that call all
the shots and make all the decisions for the customer/client, The Franchise
Owner backed by our three decades of home construction experience, assists and
consults with the customer/ client throughout the entire building process.
However, the customer/client makes all the decisions concerning the design,
construction, subcontractor selections, interior décor and finishing of their
dream home.
Operation:
The customer/client with owned or acquired property, brings their home ideas to
the Franchise Owner. The Franchise Owner will assist in picking out one of our
plans or advise if a designer is required. Franchise Owner can recommend
designers if customer/client desires. Simultaneously, with the Franchise Owners
assistance, the customer/client will start working with a designated lender to
obtain a construction & permanent financial commitment. Upon receiving such
a commitment, the lender will set up construction financing for a closing on
the customers/clients construction loan. Upon loan approval, Franchise Owner
will prepare an itemized and detailed cost estimate (take-off) for the
customer/client. After closing, customer/client is ready to begin the
construction of their new dream home! Franchise Owner consulting fee paid at
the time of closing. The customer/client with the aid of process booklets,
qualified subcontractor list, qualified wholesale/retail material outlets and
consultation from the Franchise Owner begins to construct the home.
If everything in the process is followed the customer/client will achieve:
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The home of their choice,
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At a cost much less then a custom builder's price.
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With quality construction and professionalism,
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With equity on move-in day! Franchise
Initial Investment :
$30,000.00 Up to 90% can be financed based on Franchise Owner's qualifications.
Working Capital Required :
We strongly suggest a minimum of $15,000 above and beyond the Initial
investment. Preferably $20,000 to $25,000. A 10% Royalty fee on all gross sales
or $500.00 per month whichever is greater commences four months after signing
the Agreement.
Franchise License Includes:
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Advertising similar in kind to the advertising for the corporate office in your
local territory.
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From time to time, at the discretion of the Franchiser, the Franchiser will
contribute toward advertising in the Franchise Owners territory.
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Press Release prepared and delivered to local newspaper
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Included in the corporate Inter-net site.
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Any and all leads in the territory will be communicated. 24 hours of receipt.
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Right to use Company logos, names and registered trademarks.
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Reproducible software, to create applicable contracts, addendums and sales and
marketing collateral.
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Assistance in the locating and establishing office, signage and advertising.
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One week of extensive training at the corporate office, lodging and other
expenses not included.
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Access to approved mortgage financing institutions & participation in
special in house programs.
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An experienced general contractor for local municipalities and bank residential
construction requirements.
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General Contractor Sign Off.
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Program changes, updates and enhancements.
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Access to inspectors within the Franchise Owners territory.
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Use of all current and future corporate purchase agreements applicable to this
program that cover materials and services.
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A wide variety of information, on building and construction information,
expertise, and business know how.
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Quarterly visits from corporate representatives to assist in promoting
Franchise Owners business.
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Two (2) calendar months, of telephone access to superintendents upon close of
first contract.