Virtue Fence Company Franchise: Frequently Asked Questions
HAVE QUESTIONS?
Common Questions About Owning a Virtue Fence Company Franchise
What experience do I need to own a Virtue Fence Company franchise?
Prior experience in the fencing industry is not required to own a Virtue Fence Company franchise. However, we’re looking for franchisees whose skills are a good match for this type of home services franchise. We look for people who are passionate about delivering exceptional service, have strong leadership qualities, and are ready to grow their own business. If you share in our commitment to excellence and customer satisfaction, you might be a great fit!
What is provided as part of the Virtue Fence Company franchise program?
Franchisees will receive comprehensive training both at our headquarters and on-site at your location. This includes detailed instructions on our fencing installation process, customer service, and business operations. Additionally, we provide ongoing support through our dedicated franchise team to assist with daily operations, marketing strategies, and sourcing premium fencing materials.
How much does the Virtue Fence Company franchise program cost?
The estimated initial investment ranges from $112,480 to $178,120, which includes the initial franchise fee of $49,500. It’s important to ensure you have adequate capital to cover the initial stages of business growth.
Is financing available?
Virtue Fence Company does not offer direct financing, but we can refer you to third-party financing sources on a case-by-case basis to help you secure the funds needed to launch your franchise.
Are there ongoing fees?
Yes, franchisees are required to pay a declining royalty fee based on a percentage of gross revenues, or a flat fee (which is waived during the first year of operations). The declining royalty fee starts at 6%, and decreases to 4%, based on gross revenues. These fees support ongoing operations, marketing programs, training, and continued improvements to our systems. For more detailed information, please refer to the Franchise Disclosure Document (FDD).
Are there advertising fees?
Franchise owners must spend at least $15,000, and up to $25,000, on initial launch marketing campaigns in total during the first three months of operation. Franchisees are also required to spend a minimum of $30,000 annually on local marketing activities. Additionally, starting in Month 4, franchisees will contribute to the brand marketing fund, the greater of $1,500/month or 2% of actual gross revenue (this may increase to up to 3% with prior notice). This fund supports national campaigns and branded materials to promote Virtue Fence Company as a whole.
What is the term of the agreement?
The initial term of the franchise agreement is five years, with three options for renewal in additional five-year terms.
How do I get started?
If you’re ready to explore the Virtue Fence Company franchise opportunity, contact us at 1-800-677-3731 or Franchise@VirtueFence.com (TBD). We’ll provide you with the Franchise Disclosure Document (FDD) and guide you through the next steps in starting your own Virtue Fence Company home services franchise.