Epcon Communities vs PuroSystems Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Epcon Communities vs PuroSystems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$887,200 - $4,569,000 | $81,500 - $122,400 |
Franchise Fee |
$50,000 | $35,000 |
Royalty Fee |
1% to 2% | 8-10% |
Advertising Fee |
$500/ month | - |
Year Founded |
1986 | 1986 |
Year Franchised |
1995 | 1991 |
Term Of Agreement |
Completion of 1 market area | 20 years |
Term Of Agreement |
Completion of 1 market area | 20 years |
Renewal Fee |
$25000 | - |
Business Experience Requirements |
Experience |
General business experience Upper management experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/No | No/No |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
Available at headquarters | - |
Support |
Toll-free phone line, field consultants, Intranet, marketing, training | - |
Marketing |
Marketing plans, materials, field support | - |
Operations |
Number of employees needed to run franchised unit: 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | No |
International Expansion |
Yes | No |
Company Overviews
About Epcon Communities
In 1986, Philip Fankhauser and Edward Bacome founded Epcon Homes & Communities in Columbus, OH when they built their first residential community. Three years later, a local builder who wanted to utilize their successful design and floor plans for a community in a nearby city approached the duo. The partners were hesitant to license their already proven system out to other builders and, at the time, had little interest in expanding outside of the Columbus market.
However, their designs and floor plans became so widely popular that others also soon came calling, seeking to build an Epcon Homes & Communities-style development in neighboring cities or in outlying areas of Ohio. Fankhauser and Bacome finally granted the first license to use their successful construction plans and the franchising concept was born. The company began franchising in 1995 and has not looked back.
Epcon Communities and its franchisees built over 25,000 homes and established franchises in 30 states.
Epcon is seeking new franchise units throughout the U.S.
Epcon's long-term goal is to expand into all 50 states, Canada and Central America.
#398 in Franchise 500 for 2020.
About PuroSystems
Richard D. Spohn and Rory O'Dwyer, two insurance restoration entrepreneurs, joined forces in 1986 to create PuroSystems Inc., a property casualty restoration and reconstruction provider. PuroSystems franchisees repair water, fire and smoke damage and perform structural repairs and reconstruction.
Each year, PuroSystems franchise owners
perform thousands of jobs throughout the United States and Canada. Our
commitment to relentless customer service and excellence has earned our
position as the restoration partner of choice for many North American
insurance companies and property managers. With many years of
experience, PuroSystems has become one of the largest restoration
franchises across North America. Our training and support ensure that
each one of our franchise owners works with compassion, competence, and
professionalism to become a hero in his or her community.