Start a Precision Concrete Cutting Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $155K - $182K

Units as of 2022: 70 6.1% over 3 years

Precision Concrete Cutting is a trip hazard removal company that uses unique techniques to correct ineffective sidewalks. The company was founded in 1991, just one year after the Americans with Disabilities Act of 1990, which requires all buildings and sidewalks to be easily accessible by people with disabilities. Thus, Precision Concrete Cutting was born.

Precision Concrete Cutting, which began franchising in 2002, came to be after creator Ballard Gardner realized that the sawing method used for correcting ineffective sidewalks was messy and took too much time. Gardner then got the idea to design equipment that could deliver seamless results within a short period. Since the equipment was Gardner's invention, he decided to patent the equipment and created a business.

Precision Concrete Cutting’s headquarters is located in Provo, Utah.

Why You May Want to Start a Precision Concrete Cutting Franchise

Precision Concrete has received many awards for its technological advancements in American concrete cutting. There are over 50 Precision Concrete Cutting franchise units in operation around the U.S. and Canada. As a franchisee, you'll remove trip hazards in concrete sidewalks outside schools, hospitals, residential buildings, shopping malls, universities, and around the city.

Aside from the marketing that comes with the brand name, Precision Concrete Cutting offers extensive marketing tools to ensure your business receives constant traffic. Every time you need assistance in operating the company, Precision Concrete Cutting will assign a franchise representative to help resolve the issue.

What Might Make a Precision Concrete Cutting Franchise a Good Choice?

Precision Concrete Cutting is a growing business that allows franchisees to renew their term of agreement for a sum after ten years of operation.

Franchises are available in select states, including Alaska, Maine, New Hampshire, New Mexico, New York, Ohio, Texas, and Vermont.

As part of the franchising process with Precision Concrete Cutting, potential franchisees will need to meet the company's set net worth and liquid capital. Franchisees may also need to pay a franchise fee along with an undetermined, initial investment range. The investment range may depend on the equipment, training, rent, wages, permits, licenses, and other various charges needed to open a franchise location. Precision Concrete Cutting will also collect a yearly royalty fee and advertising fee on the franchisee's gross income.

As you explore the franchising process, it might be a good idea to consult a financial planner and an attorney to ensure you are financially ready and able to take on a franchise location with Precision Concrete Cutting.

How Do You Open a Precision Concrete Cutting Franchise?

After submitting your initial franchising inquiry, a Precision Concrete Cutting representative will walk you through the franchising process. If you are chosen to franchise, you will complete the mandatory training and meet with other Precision Concrete Cutting franchisees.

Franchisees may also receive help when choosing their territory and setting up as they prepare for a grand opening. Franchisees pride themselves on completing a job quickly and leaving the sidewalks better than the way they were found.

Company Overview

About Precision Concrete Cutting

Industry	Maintenance
Related Categories	Miscellaneous Maintenance Businesses, Building & Remodeling, Building Services, Miscellaneous Home-Improvement Businesses, Concrete Maintenance
Founded	1991
Leadership	Aaron Ollivier, CEO
Corporate Address	3191 N. Canyon Rd. Provo, UT 84604
Social	Twitter, Instagram

Business Overview

Franchising Since	2002 (22 years)
# of employees at HQ	8
Where seeking	This company is offering new franchises worldwide. This company is offering new franchises in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
# of Units	70 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Precision Concrete Cutting franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$135,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$155,000 - $181,500
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$150,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$72,000
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	9%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	$3.5K/yr.
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	13 hours
Classroom Training	5 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Online Support Security & Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates Regional Advertising SEO Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	7-10
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes