Best Choice Roofing 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
$117,000 - $202,000
Best Choice Roofing: Elevating Standards in Residential Roofing
Established in 2009 by Wayne Holloway, Best Choice Roofing has rapidly emerged as a prominent player in the U.S. residential roofing industry. With its headquarters located in Hendersonville, Tennessee, the company has expanded its presence to over 85 locations across more than 30 states.
Specializing in comprehensive roofing services, Best Choice Roofing offers roof repair, replacement, and specialty roofing solutions. Their commitment to quality is underscored by their status as an Owens Corning Platinum Preferred Contractor since 2011, a distinction held by only 1% of contractors nationwide.
This elite partnership enables them to provide industry-leading products and warranties, including a 5-year labor guarantee and a 50-year Owens Corning warranty, ensuring homeowners receive unparalleled protection and peace of mind.
What sets Best Choice Roofing apart is their unwavering dedication to customer satisfaction and quality workmanship. Their customer-centric approach, combined with the use of premium materials, has earned them recognition as a top performer in the roofing sector.
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 |
$59,500 – $59,500 |
Travel & Living Expenses While Attending Initial Training |
$5,000 – $10,000 |
Rent & Security Deposit (3 Months) |
$3,000 – $7,000 |
Leasehold Improvements |
$0 – $15,000 |
Equipment |
$0 – $1,000 |
Furniture, Office Equipment & Software |
$3,500 – $9,000 |
Vehicle |
$0 – $12,500 |
Signs |
$500 – $1,000 |
Licenses |
$200 – $3,000 |
Grand Opening Marketing |
$5,000 – $10,000 |
Insurance |
$2,500 – $3,500 |
Owens Corning Membership |
$2,500 – $2,500 |
Professional Fees (Legal and Accounting) |
$1,000 – $3,000 |
Initial Marketing Materials |
$11,000 – $11,000 |
New Hire Kits and Uniforms |
$200 – $500 |
Call Center Fee |
$3,300 – $3,300 |
101K TV Fee |
$210 – $210 |
Additional Funds (for first 3 months) |
$20,000 – $50,000 |
Total |
$117,410 – $202,010 |
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Franchise Disclosure Document
Training
The franchise offered by Best Choice Roofing provides the following types of training for its franchisees:
- Pre-Opening Training
The franchisor offers pre-opening training for the Principal Executive and up to two additional employees at its headquarters or designated locations. The training is free of charge, but the franchisee is responsible for travel, lodging, and other related expenses. - New Franchisee Training
The Principal Executive is required to complete an initial training program before the business can open. This training ensures the executive is prepared to operate the business effectively. - Post-Opening Training
The franchisor may mandate additional training programs for the Principal Executive and employees after the business is operational. These sessions may be held in various formats and locations, with reasonable fees applied. - Sales Training Bootcamps
Semi-annual sales training sessions, known as "Bootcamps," are required for the Principal Executive, general manager, and sales managers. Attendance fees are charged per participant and include accommodations.
Territory Protection
Best Choice Roofing offers franchisees a protected territory, ensuring that no other Best Choice Roofing outlet will be established or licensed within the designated area. This territory is defined as including approximately 100,000 single-family homes, based on data from mapping software.
However, the franchisee is not granted exclusive rights, as other competitive outlets owned by the franchisor may operate in the broader market.
The franchisor imposes specific restrictions to maintain the integrity of the protected territory. Franchisees are prohibited from soliciting or marketing to potential customers outside their designated area without prior written approval.