How much does it cost to start a roofing business? The cost varies depending on numerous factors. If you’re starting an independently-owned business from scratch, there are many variables that can affect the total cost. Who will your suppliers be? How will you market your business? What software will you use to keep records?
One of the benefits of franchising with a brand like FBC Roofing is that we’ve already figured out details like this, and we’re able to give you a comprehensive estimate that covers just about everything you’ll need to get up and running. Read on to learn more about the cost to start a roofing business.
Estimated Initial Investment
We estimate that the total investment in an FBC Roofing franchise will start at around $87,200. This investment includes just about everything you’ll need to get started, but it could be higher depending on factors like your desired size and location. We don’t provide financing, but we welcome our franchisees to seek our third-party lenders if they’d like to finance a portion of the initial investment.
Your initial investment in an FBC Roofing franchise includes an initial franchise fee of $30,000. This modest fee helps us to offset some of the costs associated with your onboarding, such as the training and support you’ll receive. It also grants you the right to operate under our well-established brand name. The best part about starting a franchise as opposed to starting from scratch is that you’ll enjoy guidance throughout the process, whereas independent business owners need to figure out everything for themselves. Our franchisees will find that they get more than their money’s worth back in the form of resources and assistance.
What Else is Included in the Cost to Start a Roofing Business in Hawaii
The best way to see for yourself what’s included in the investment is to contact us and request a copy of our franchise disclosure document (FDD). The FDD includes a comprehensive breakdown of the costs associated with a new roofing franchise, and also includes detailed information on the resources you’re entitled to when you invest.
A Van to Maximize Your Time on Job Sites
One key expense you should anticipate is a fully-outfitted van that’s equipped to help your team inspect properties, and has the tools needed to get jobs done. We estimate that it will cost franchisees around $15,000 in order to procure and customize their van for this purpose.
Initial Marketing Expenses
Marketing will be an essential step in your grand opening process. We want you to effectively reach as many of your prospective customers as possible. Our franchisees should be prepared to spend $5,000 on their initial marketing campaign. Of course, one of the benefits of partnering with FBC Roofing is that we have years of experience in marketing, and have developed materials and insights that will help you get the most for your money.
Tools and Other Inventory
Our franchisees need to be prepared to tackle any job, so they’ll need to spend a portion of start-up costs on tools. An investment in tools now will pay off later, as having the right tools for the job will help you to finish projects on-time with as little hassle as possible (for your team and your customers!).
Contact us and request a copy of our FDD to learn more about the cost to start a roofing business!