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Home > Franchises > UBuildIt
UBuildIt
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
UBuildIt was founded in 1988 by Chuck Warrender and has been franchising since 1998. UBuildIt helps customers who want to do their own building or remodeling projects but aren’t sure where to start. Franchisees assist customers in the planning and construction process with tasks such as obtaining plans, permits, subcontractors, financing and site inspections. The company is based in Kirkland, Washington.
UBuildIt Franchise Partners offer a thorough and comprehensive system to assist an owner builder to complete their self managed construction project. There is a definite do it yourself trend in this country, with more people expressing a desire to have control and involvement in their new construction or major remodel project, while saving money in the process. That means the market for UBuildIt services is rapidly expanding. Imagine the mistakes made and the dollars lost by not having the available counsel of a construction expert when trying to self-manage a project. UBuildIt provides the service, systems and software, plus the expert guidance and local subcontractors that satisfy the needs of the owner-builder. They want more quality UBuildIt Franchise Partners to offer this unique service in local markets across the United States.
Their costs and fees total investment is 175000 to 275000 dollars, franchise fee is 30000 dollars, ongoing royalty fee is 5 to 8 percent, term of agreement is 10 years, and renewal fee is 2000 dollars. They rankings in entrepreneur magazine 2002-2006 franchise 500 rank 363 in 2006, 424 in 2005, and 466 in 2004. They want offices that will reach clients where there is building activity, and they want remodel offices in areas with an aging housing stock. Look at the research and you'll see their potential. It's a huge untapped market of over 65 billion dollars in owner-builder projects. Their business potential is tremendous.
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