Ideal Siding Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$50,000
Investment required
$69,000 - $105,000
Royalty fee
5% to 8%

Ideal Siding: Revolutionizing Home Exteriors with Quality and Innovation

Ideal Siding is a rapidly growing franchise specializing in residential siding installation and renovation services across North America. Founded by Alex Filipuk in Vancouver, British Columbia, the company began as a response to the inefficiencies and high costs in the siding industry that left both customers and installers dissatisfied. 

Recognizing the opportunity to streamline the process, Ideal Siding developed a business model that significantly reduces costs for homeowners while increasing wages for installation crews. Headquartered in Burnaby, British Columbia, the franchise officially began offering opportunities to entrepreneurs in 2022, and it has quickly expanded across the United States and Canada.

Ideal Siding differentiates itself through its commitment to customer service, transparency, and quality. The franchise offers a unique value proposition by leveraging advanced technologies, such as custom house mockups created by an in-house design team, to help clients visualize their projects before they begin. 

Additionally, Ideal Siding partners with top manufacturers and offers an industry-leading 25-year labor warranty, ensuring both customer satisfaction and long-term reliability. 

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $50,000
Pre-opening Branding and Promotion $2,000 - $5,000
Initial Training Program $0 - $2,000
Initial Inventory $500 - $3,000
Legal and Accounting $3,000 - $5,000
Utility Deposits $0 - $500
Rent/leasehold improvement $0 - $1,300
Local Franchisee Marketing $5,000
Insurance $1,000 - $6,000
Vehicle $0 - $10,000
Computers and Related Peripherals/Equipment $500 - $3,000
Licenses and Permits $500 - $2,000
Additional Funds: 3-6 Months $6,000 - $12,000
TOTAL $68,500 - $104,800

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Number of units

2024
Franchised units

0

6

18

Company-owned units

0

0

0

Total units

0

6

18

Franchise Disclosure Document

Training 

Ideal Siding Franchise provides a comprehensive training program designed to ensure franchisees are fully equipped to manage and grow their siding business successfully. The training is structured to cover both the operational and business management aspects of the franchise, ensuring that even those without prior experience in the siding industry can thrive.

  1. Initial Training: The training begins with one week of online modules that cover the fundamentals of the siding industry, business operations, and customer service. This is followed by hands-on training, which can last a couple of weeks depending on the specific territory. During this phase, franchisees learn the intricacies of siding installation, project management, and how to work effectively with installation crews.
  2. Ongoing Support: Ideal Siding offers continuous support throughout the life of the franchise. This includes access to their proprietary systems for marketing, lead generation, and customer relationship management (CRM). Franchisees receive support in hiring and managing crews, ensuring quality control, and maintaining high standards across all projects.
  3. Marketing and Customer Acquisition: One of the standout features of Ideal Siding's training is its focus on marketing and customer acquisition. Franchisees are provided with a robust marketing package that includes building an online presence, handling social media, and managing customer inquiries through the in-house call center. This ensures franchisees can hit the ground running with a steady flow of leads and potential clients.

Territory Protection

Ideal Siding franchise offers territory protection to its franchisees. This protection ensures that each franchisee is granted an exclusive geographic area where no other Ideal Siding franchise can operate, allowing them to build their business without internal competition within their designated territory. 

The size and boundaries of each protected territory are determined based on factors such as population density, market potential, and the demand for siding services in the area.

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