|Liquid Capital Required:||$50,000|
|Net Worth Required:||$250,000|
|Total Investment:||$49,500 - $100,000|
|Home Office:||Richmond, VA|
The Archadeck business principle is based on the premise that the great outdoors can now become your personal creative and business playground. Providing clients with the ideal backyard experience for over 30 years, Archadeck offers a wide range of outdoor products to enhance the backyard living experience for clients. Our most common projects include decks, awnings, screened porches, sunrooms, gazebos, and trellises. Ranked as the eleventh largest remodeling firm in the US, Archadeck has been featured in several national publications and on a variety of DIY networks in addition to winning several awards.
Values & History
Archadeck was founded in June of 1980 by an architect and builder in Richmond, VA. Now the nation's largest builder of custom-designed wooden decks, Archadeck has blossomed into a global sensation, with offices in the US, Canada, Great Britain, and Japan. The Archadeck competitive edge comes from our unique approach to design and construction, drawing on the experience of local teams of Design Consultants across North America, each specializing in creating custom projects for our clients' outdoor living spaces. Archadeck is part of Outdoor Living Brands, a franchise corporation committed to the outdoor living category of markets.
Of the 80 million homes in the US, nearly 60 million need decks or deck work. Decks typically need to be replaced every 10 to 20 years, meaning consistent opportunities for new-builds, replacements, and repairs. With several other projects available ranging from patios to hardscaping, multiple revenue streams are available to franchisees. The Average Projected Value (AVP) for a residential project in 2018 was around $25k, generating healthy gross profit margins. Workers such as design consultants and subcontracted building crews are paid on a job-to-job basis, so labor costs are variable. No storefront is necessary and inventory is negligible, as materials are typically not ordered until a down payment on service is secured from the client, resulting in low overhead costs.
Purchasing a Archadeck Franchise
An Archadeck franchise requires a modest amount of start-up capital. Initial costs are generally between $49,500 and $100,000, including the franchising fee. A net worth of at least $250k is required with access to a minimum of $50k in liquid capital. Financing is available for qualified candidates, and discounts for veterans are available.
Ideal Candidate & Qualifications
The ideal candidate for an Archadeck franchise ownership has general management experience and leadership qualities. A background in construction is helpful, but not required. A strong work ethic along with a dedication to service are essential qualities for franchisees, as well as solid interpersonal and communication skills. Those with a creative drive or appreciation for design and outdoor living are preferred. Spousal teams are also welcome.
Training & Support
Previous construction experience isn't required, as Archedeck's comprehensive training programs and franchise support teams provide all the necessary information and know-how. Prospective franchise operators will be focused on running and growing their franchise, while subcontracted crews carry out the actual build process for each project. Additional support is provided along the way in the form of marketing and lead generation, peer-to-peer networking events, and web-based pricing, client management, and marketing tools complete with an interactive forum that allows franchisees to exchange ideas and advice.