OLO Builders is a custom home-building franchise that specializes in creating personalized homes through a streamlined design and construction process.
KEY FRANCHISE STATS
Franchisees
?
6
+
n.a.
n.a.
Franchise fee
?
$65,000
Investment
?
$166,000 - $291,000
Revenue (AUV)
?
Undisclosed
$5,240,000
+
n.a.
n.a.
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OLO Builders is a U.S.-based franchise specializing in new home construction. Founded in 2019 by Trent Cragun, the company began in Washington Terrace, Utah. It launched its franchising program in 2020 and has since expanded to various locations across the country.
The franchise delivers full-service residential construction, guiding customers through every step—from design to build. OLO Builders uses a proprietary building system that ensures efficient project management and timely home delivery. This streamlined approach enhances both operational efficiency and customer satisfaction.
What sets OLO Builders apart is its franchise model tailored for the construction industry. Franchisees receive a complete support system, including training, marketing, and operational tools. This makes it easier for new entrepreneurs to enter the homebuilding market with less risk.
Initial investment
The initial investment required for a OLO Builders franchise is $166,000 - $291,000. That is the total cost you would need to finance 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
$65,000
Initial Training Fee
$19,000
Grand Opening Event
$1,500 - $3,000
Licensure
$500 - $1,000
Lease and Utility Payments
$2,000 - $12,000
Supplies, Inventory, Equipment
$1,200 - $1,600
Computer Equipment
$4,000 - $8,000
Travel & Lodging
$2,000 - $4,000
Clothing & Uniforms
$600 - $1,000
Car Signs/Decals
$500 - $1,500
Vehicles
$800 - $2,400
Insurance
$2,500 - $3,500
Professional Services
$1,500 - $3,000
Furnishings
$4,000 - $6,000
Signage
$3,500 - $9,000
Software
$1,500 - $7,000
Wages
$35,000 - $55,000
Other Operating Funds
$3,000 - $5,000
Leasehold/Build-out
$0 - $60,000
Additional Funds
$18,000 - $24,000
TOTAL
$166,100 - $291,000
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Type of Expenditure
Amount
Initial Franchise Fee
$65,000
Initial Training Fee
$19,000
Grand Opening Event
$1,500 - $3,000
Licensure
$500 - $1,000
Lease and Utility Payments
$2,000 - $12,000
Supplies, Inventory, Equipment
$1,200 - $1,600
Computer Equipment
$4,000 - $8,000
Travel & Lodging
$2,000 - $4,000
Clothing & Uniforms
$600 - $1,000
Car Signs/Decals
$500 - $1,500
Vehicles
$800 - $2,400
Insurance
$2,500 - $3,500
Professional Services
$1,500 - $3,000
Furnishings
$4,000 - $6,000
Signage
$3,500 - $9,000
Software
$1,500 - $7,000
Wages
$35,000 - $55,000
Other Operating Funds
$3,000 - $5,000
Leasehold/Build-out
$0 - $60,000
Additional Funds
$18,000 - $24,000
TOTAL
$166,100 - $291,000
Franchise Disclosure Document
Below is OLO Builders's 2022 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
OLO Builders had 6 total units in 2022, of which 6 were franchised-owned and 0 company-owned.
OLO Builders offers a comprehensive training program designed to equip franchisees with the necessary skills and knowledge to operate their businesses effectively. The training encompasses both theoretical and practical aspects, ensuring that franchisees are well-prepared to manage their operations.
Initial Training Program: Franchisees undergo a structured training regimen that includes 20 hours of classroom instruction and 40 hours of on-the-job training. This program covers essential topics such as business operations, construction processes, and customer service, providing a solid foundation for new franchisees.
Ongoing Support and Coaching: Beyond the initial training, OLO Builders provides continuous support through one-on-one coaching sessions. This ongoing assistance ensures that franchisees receive personalized guidance tailored to their specific needs, helping them navigate challenges and optimize their business performance.
Access to Proprietary Tools and Resources: Franchisees are granted access to OLO Builders' proprietary software and intranet platform. These tools facilitate efficient project management, communication, and resource sharing, enabling franchisees to streamline their operations and maintain consistency across the brand.
Territory Protection
OLO Builders provides franchisees with exclusive territories, ensuring that no other OLO Builders franchise can operate within a defined geographic area. This exclusivity is designed to protect franchisees from internal competition and to support the growth and success of their individual businesses.
As the territory grows, franchisees are expected to continue expanding their operations to meet increasing demand. The specific boundaries of each exclusive territory are determined during the franchise agreement process and are tailored to the unique characteristics of the local market.
This approach allows franchisees to focus on building their customer base without the concern of overlapping with other OLO Builders franchises. The franchisor's commitment to exclusive territories underscores its dedication to fostering a supportive and competitive environment for its franchisees.
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