Epcon Communities vs IdeaVision Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Epcon Communities vs IdeaVision including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Epcon Communities Franchise
IdeaVision Franchise
Investment $887,200 - $4,569,000$12,400
Franchise Fee $50,000N/A
Royalty Fee 1% to 2%-
Advertising Fee $500/ month-
Year Founded 1986-
Year Franchised 1995-
Term Of Agreement Completion of 1 market area-
Term Of Agreement Completion of 1 market area-
Renewal Fee $25000-


Business Experience Requirements
 
Epcon Communities Franchise
IdeaVision Franchise
Experience
  • General business experience
  • Upper management experience
    		• -

    Financing Options
     
    Epcon Communities Franchise
    IdeaVision Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Epcon Communities Franchise
    IdeaVision Franchise
    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
     
    Epcon Communities Franchise
    IdeaVision Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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.

    "Entrepreneur
    #398 in Franchise 500 for 2020.





    About IdeaVision

    Your investment in the Visionair Builder represents an opportunity to quickly start a visualization business that required years of effort and major financial outlays to develop. Consider the advantage of teaming with IdeaVision, a company devoted exclusively to developing the Visionair Builder business concept since 1993. Our business owners have the vision to leverage off a defined capability in order to capitalize on the tremendous growth potential of this innovative visualization concept. The price of the business is $12,400, offered via a simple licensing arrangement. Licensing is a more flexible and much less expensive approach than franchising. The relatively low investment level opens up many financing options, including a payment plan available from IdeaVision. Your total start-up cost is not much more. You should budget for computer upgrades (if necessary) and an additional $1,000-2,000 to kick off your initial advertising campaigns. It's hard to come by a comprehensive business that's more affordable to start and operate: * One-time license fee with no royalty charges * Professional rate of return on your time * Low overhead and operating expenses * No employees to pay or manage * No inventory and minimal equipment requirements * Ongoing business development is included. Imagine all the potential applications... 1. New Construction * Home Building * Storefronts * Office buildings * Clubhouses * Entrances 2. Landscaping * Tree, shrub, flower selection * Color and texture coordination * Growth analysis * Sidewalks, patios, driveways * Fences, walls, trellises 3. Remodeling * Room and garage additions * Exterior and interior painting * Siding and roofing upgrades * New windows and door systems * Wallpaper and flooring To find out if your location is available or to ask questions, call IdeaVision at 407-343-5020 or contact us at http://www.ideavisn.com/pages/contact.htm to complete the information request form.