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Precision Concrete Cutting
 

PRECISION CONCRETE CUTTING is a trip hazard removal company that has developed a proprietary and patented method of cutting concrete sidewalks. Its uniquely engineered equipment cuts concrete trip hazards quickly, and leaves a finished surface guaranteed to conform to the strict regulations of the Americans with Disabilities Act. Precision Concrete Cutting is the market leader in both technology and price. It is a unique opportunity to own your own highly profitable business with little competition.

Franchisor Background

Year Established:

  1992

Franchising Since:

  2002

Operating Units:

Franchised Units:26 92.9%  
Company-Owned Units:2 7.1%  
 ______ _____  
Total Operating Units:28 100%  
 

Geographic Distribution:

U.S.:28 100% In 15 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:28 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California8
2. Florida4
3. Texas3

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$NA
Cash Investment:$250k
Total Investment:$120-150K
Average Total Investment:$135K
 

Fees:

Initial Franchise Fee:$65K
Average Franchise Fee:$65K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:0%

Average Number of Employees:

   3 Full-time, 1 Part-time

Space Needs (in square footage):

  

Preferred Sites:

  

Other Sites:

   Trailer

Encourage Conversions?

   No

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:10
Site Selection Assistance?Yes
Lease Negotiation Assistance?Not Applicable
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:No
Local Advertising:No
Marketing Materials:Trade Show Exhibits
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Included in Fees
 

Training:

1. Provo, UT5-10 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:1
Formal Education:4
Psychological Profile:4
Personal Interview(s):4

Minority Representation

Units Owned by Minorities:

African-American:0
Asian-American:0
Hispanic:0
Native American:0
Other:0
Specific Minority:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

  
U.S.:Yes, South & Southeast
Canada:No
Overseas:No
 
 
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