16 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a Sam the Concrete Man franchise ranges from $93K to $151K (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Sam the Concrete Man is $67K (2024 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Sam the Concrete Man 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
No, Sam the Concrete Man does not require franchisees to have dedicated real estate (2024 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisSam the Concrete Man charges a royalty fee of 6.0% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Sam the Concrete Man franchise is approximately 8.0% of gross sales (2024 FDD). This includes the royalty fee, a 2.0% marketing/advertising fund contribution, a $1367/month technology fee, and other recurring charges.
View full fees analysisSam the Concrete Man has been involved in 0 litigation cases over the past 3 years (2024 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the Sam the Concrete Man franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisSam the Concrete Man offers exclusive territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.
View full territory analysisSam the Concrete Man currently operates 88 locations (2024 FDD) (86 franchised, 2 company-owned). The system grew by 6.0% over the past year. The 3-year compound annual growth rate is 10.1%.
View full growth analysisThe 1-year franchisee turnover rate for Sam the Concrete Man is 34.1% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisAccording to the Sam the Concrete Man FDD Item 19 financial performance representation (2024 FDD), the median gross sales per unit is $1.0M (average: $1.0M).
View full financials analysisThe initial franchise agreement term for Sam the Concrete Man is 10 years (2024 FDD). Franchisees can renew 2 times for 10-year periods. The total potential term is 30 years.
View full contract analysisSam the Concrete Man's post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 50 miles of the former location (2024 FDD).
View full legal analysisYes, Sam the Concrete Man's franchise agreement requires mandatory arbitration for dispute resolution (2024 FDD). The agreement includes a jury trial waiver.
View full legal analysisSam the Concrete Man provides 53 hours of initial training over approximately 1 weeks (2024 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisSam the Concrete Man does not provide site selection assistance (2024 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.
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