iFoam Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$59,500
Investment required
$262,000 - $349,000
iFoam: Leading Innovation in Spray Foam Insulation
iFoam is a franchise specializing in spray foam insulation, offering energy-efficient solutions for both residential and commercial properties. Founded in 2013 in Houston, Texas, iFoam has rapidly grown into a prominent name in the insulation industry.
The franchise is headquartered in Houston and began its expansion into franchising in 2016, aiming to bring its innovative insulation services to a wider market. iFoam provides high-quality spray foam insulation products that enhance energy efficiency and comfort in buildings.
The franchise differentiates itself through its focus on advanced insulation technology, providing superior thermal insulation and air sealing compared to traditional methods. This commitment to cutting-edge solutions and customer satisfaction has helped iFoam establish a strong reputation and a competitive edge in the insulation industry.
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 Fee |
$59,500 |
| Insurance (90 days) |
$10,000 - $15,000 |
| Tuition Fee |
$4,995 |
| Travel and Living Expenses while Training |
$1,500 - $3,500 |
| Opening Package |
$28,255 - $38,255 |
| Rent & Utilities (90 days) |
$10,000 - $20,000 |
| Vehicles |
$81,600 - $92,700 |
| Licenses Certificates and Permits |
$0 - $5,000 |
| Professional Fees |
$0 - $5,000 |
| Technology Fee |
$2,375 |
| Call Center Fee |
$1,125 - $3,225 |
| Dues and Subscriptions |
$0 - $1,000 |
| Leasehold Improvements |
$0 - $15,000 |
| Brand Marketing Fee |
$15,000 |
| Initial Marketing Expenditure and Local Advertising |
$20,000 |
| Digital Management Fee |
$3,000 |
| Accounting Services Fee |
$2,109 |
| ZeePartnerships Fee |
$3,000 |
| Additional Funds |
$20,000 - $40,000 |
| Total |
$262,459 - $348,659 |
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Franchise Disclosure Document
Training
iFoam Franchise offers a comprehensive training program to ensure franchisees are well-equipped to operate their insulation business successfully.
- Initial Training: Franchisees undergo extensive initial training that covers the technical aspects of spray foam insulation, including installation techniques, safety protocols, and equipment use. This hands-on training is designed to familiarize franchisees with iFoam’s proprietary methods and ensure high-quality service delivery.
- Operational Support: iFoam provides ongoing operational training to help franchisees manage their business effectively. This includes guidance on inventory management, customer service, and day-to-day operations. Franchisees also receive support in implementing best practices for running a successful insulation business.
- Marketing and Business Development: The franchise offers training on marketing strategies and business development to help franchisees attract and retain customers. This includes local marketing tactics, promotional strategies, and leveraging iFoam’s brand reputation to drive growth.
Territory Protection
iFoam Franchise offers territory protection to its franchisees, granting them exclusive rights to operate within a designated geographic area. This protection ensures that franchisees do not face direct competition from other iFoam locations within their assigned territories, allowing them to effectively capture and serve their local market.
By securing territories, iFoam helps franchisees build a strong customer base and grow their businesses without the added pressure of competing with neighboring franchisees. This approach fosters a collaborative network among franchisees and supports the overall success and expansion of the brand.
