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Epcon Communities

Condominium community development system

Background

Founded: 1986 Franchising since: 1995
500 Stonehenge Pkwy.
Dublin, Ohio 43017
Phone:
(614)761-1010


Franchisor is a privately-held company with 60 employee(s); 16 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 200+ 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 65,000 population

Costs and Fees

Total investment: $1M
Franchise fee: $50K
Ongoing royalty fee: $2.5K per unit
Term of agreement: Completion of 1 market area, renewable


Type of Financing Available
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

Qualifications
Net worth requirement: $3M
Cash liquidity requirement: $1M
Business Experience:
  • General business experience
  • Upper management experience

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

Training and Support

Training
  • Available at headquarters
  • At franchisee's location: Ongoing
  • At sales conference (2 days) & construction conference (2 days)

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Field operations/evaluations

Marketing Support
  • Ad slicks

Other marketing support
  • Brochures, presentation gallery, direct mail, website template, sales video

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