For a $50,000 initial franchise fee, people can buy into one of the nation’s fastest-growing home builders.
Chicago Agent Magazine reports that the Epcon Communities, based in Ohio, is benefiting from franchise home building.
Epcon, which targets the active adult, 55-plus market, has 350 communities in 28 states. Last year, it closed on 1,111 homes.
Once the community has been established, franchisees then turn property management duties over to a property management company. “Something that differentiates us from other franchise opportunities is that once a builder gets going with us, they have the opportunity to continue down the road, or step back and reevaluate what they’re doing,” says Jad Buckman, business development manager.