7 Best Concrete Franchise Opportunities 2024
The statistics say there are more than 50,000 concrete businesses in the United States. It reached an estimated 93 million metric tons in 2023. If this entices you to enter the market, here are the seven best concrete franchise opportunities you can own in 2024.
However, if you are thinking of the market competition, there are plenty of ways for a new franchise to carve out its place in a new market.
So, let’s begin with a guide to choosing the best from the seven best concrete franchises.
Table of Contents
Concrete Craft
| Founded | 2006 |
| Franchising Since | 2008 |
| Estimated Outlets | 85 |
| Initial Investment | $156,330– $233,450 |
| Franchise Fees | $19,950 |
| Liquidity | $116,330-$193,450 |
| Royalty Fees | 4%-7% |
Concrete Craft was founded in 2006 and is known as All-American Decorative Concrete. The company was started by two friends named John Kostro and Dan Lightner. They created the company to produce top-notch concrete materials and designs.
The franchises of Concrete Craft are owned independently, allowing you to be your boss. It has also been ranked in the Entrepreneur’s Franchise 500 multiple times in recent years.
Opening a Concrete Craft franchise is a good idea because of its passion for utilizing top-tier technology to produce decorative concrete.
However, to own this franchise, you must ensure that you are financially ready with all the investments.
A-1 Concrete Leveling & Foundation Repair
| Founded | 1992 |
| Franchising Since | 1993 |
| Estimated Outlets | 50+ |
| Initial Investment | $120,500– $150,900 |
| Franchise Fees | $85,000 |
| Liquidity | $5,000 |
| Royalty Fees | 6% |
A-1 Concrete Leveling & Foundation Repair was founded in 1992 to provide customers with less expensive concrete flooring.
The company specializes in commercial and residential concrete repair and levelling throughout the United States. Its services include concrete levelling, sealing, cleaning, caulking, crack repair, foundation repair, bent basement wall repair, etc.
With over 50 franchises across the United States, A-1 Concrete Leveling & Foundation Repair is one of the country’s largest enterprises.
Sam The Concrete Man
| Founded | 1989 |
| Franchising Since | 2013 |
| Estimated Outlets | 74 |
| Initial Investment | $92,149– $145,393 |
| Franchise Fees | $67,000 |
| Liquidity | $20,000 |
| Royalty Fees | 6% |
Sam, The Concrete Man, has provided residential and commercial concrete services since 1989.
It has been in the industry for 30 years and strives to provide the highest standards, world-class customer service, and sustainable products.
The original Sam started the company, and later, in 2007, it was purchased by Todd Stewart, who saw something with a solid foundation that Sam had already built.
Sam The Concrete Man is a national leader in residential and commercial concrete services today.
Precision Concrete Cutting
| Founded | 1991 |
| Franchising Since | 2002 |
| Estimated Outlets | 70 |
| Initial Investment | $155,000– $181,500 |
| Franchise Fees | $135,000 |
| Liquidity | $72,000 |
| Royalty Fees | 9% |
Precision Concrete Cutting helps make sidewalks safe. It is a trip hazard removal company that uses unique techniques to correct ineffective sidewalks.
It was founded in 1991 and began franchising in 2002 after the creator, Ballard Gardner, realized that the sawing method used in correcting the sidewalks required too much time and was messy.
Gardner then got the idea of designing the equipment and decided to patent them and create a business. Since then, the company has received many awards for its technological advancement in American concrete cutting.
Concrete Technology Inc.
| Founded | 1991 |
| Franchising Since | 1991 |
| Estimated Outlets | 697 |
| Initial Investment | $15,000 |
| Franchise Fees | N/A |
| Liquidity | $15,000-$29,500 |
| Royalty Fees | N/A |
Concrete Technology Inc., also known as Cti, provides a revolutionary coating designed to protect the existing coating while giving it the look, texture, and colour of inlaid brick, tile, etc.
Since opening its doors in the Tampa Bay area, Florida, in 1991, the company has experienced 700% growth. It has been listed in INC magazine’s list of 500 fastest-growing companies in America.
To own this franchise, you require a total investment of $15,000 and liquid capital between $15,000-$29,500.
Concrete Raising Of America Inc.
| Founded | 1947 |
| Franchising Since | 1993 |
| Estimated Outlets | 11 |
| Initial Investment | $34,900-$249,400 |
| Franchise Fees | $34,900-42,500 |
| Liquidity | $70,000 |
| Royalty Fees | 4%-8% |
CRC Concrete Raising Corporation has been in the business since 1947. It has significantly contributed to the processes and technologies used in cement grouting and slab-raising.
The Concrete Raising Of America Inc. was formed in 1995 as the venue for creating business associations around the United States.
Currently, the company is offering franchise opportunities to new entrepreneurs. To own this franchise, you need an initial investment of $34,900-$249,400.
Garage Force
| Founded | 2012 |
| Franchising Since | 2014 |
| Estimated Outlets | 133 |
| Initial Investment | $117,000-$185,000 |
| Franchise Fees | $49,500 |
| Liquidity | $30,000 |
| Royalty Fees | 5% |
Garage Force was founded in 2012, and it is a franchise company offering garage concrete coating all around the United States.
The company has more than 100 units in the United States. Garage Force has a proven operating model, established policies, training and procedures, and standards to make the franchise easy for its franchisees.
Garage Force’s focus is to sell their franchise to veterans and blue-collar workers, but this doesn’t mean only they get to operate their franchise. Anyone else can also do it.
Please read our full article to get more details about Garage Force Franchise.
When Should You Choose A Concrete Franchise?
The right time to invest in a concrete franchise is when you have a good understanding of the following points:
Your End Goal
It is very crucial to know what you want from the franchise. But, end goals are the long-term results a business wishes to accomplish.
But every individual has different goals. For example, your end goal may be to earn only profit from the business, or it might be to grow the franchise further.
Therefore, whatever your end goal is, you must be clear about it.
Know Yourself
This is the second thing that you need to think about before entering into the concrete franchise industry. Know yourself and know whether the substantial franchise is a good fit for you or not.
There are many types of personality tests that you can take to determine exactly what kind of industry will be the best fit for you.
You need to ask yourself if you are ready to spend your days outside, if you are prepared to work alongside the installation crew, and if you like sales and customer service. If the answer is yes, then you are ready to enter the concrete franchise industry.
Talk To Other Franchisees
The last thing to help you decide when to invest in the franchise is to talk to other franchisees.
Investing in a franchise is like a big purchase, and for every big purchase, you read reviews. While you can find many reviews online, a good idea is to speak with the existing franchisees and get experience in running a concrete franchise.
Factors To Consider Before Investing In A Concrete Franchise
Here are a few factors to consider before investing in a concrete franchise:
Actual Cost Of The Franchise
When you start your business from scratch, the investment amount goes directly into the company’s operations.
However, when you invest in a franchise, a large portion of the investment goes to the franchisor for equipment, licensing rights, and training.
Therefore, the actual cost of the franchise will be determined by thoroughly reviewing the franchise disclosure document (FDD). It is recommended to hire the best attorney who will guide you through all the legal terms of the document and help you determine the actual cost of the franchise.
Rules And Restrictions Imposed By The Franchisor
This is one of the drawbacks of owning a franchise. The franchisor has already set rules and regulations to run the franchise smoothly.
Most often, the franchisor wants you to follow the regulations strictly. These rules and regulations can be about products, pricing, operational hours, and store design.
You won’t even be able to deviate from these rules and run things in your way. For this reason, you need to determine the level of regulations and restrictions imposed on you as a franchisee before signing any agreement.
Research The Market Potential And Competition
Before selecting a concrete franchise, consider the local market and customer demographics. Research the potential competitors that are already working in the location.
Some of the most reputable franchisors will help you research and select the best site for your franchise. However, you must do your research to ensure the demand for the concrete franchise and the future potential of the franchise.
Comparison Of 5 Best Concrete Franchises
| Company Name | Concrete Craft | A-1 Concrete Leveling & Foundation Repair | Sam The Concrete Man | Precision Concrete Cutting | Concrete Technology Inc. |
|---|---|---|---|---|---|
| Founded | 2006 | 1992 | 1989 | 1991 | 1991 |
| Outlets | 85 | 50+ | 74 | 70 | 697 |
| Franchise Fee | $19,950 | $85,000 | $67,000 | $135,000 | N/A |
| Initial Investment | $156,330– $233,450 | $120,500– $150,900 | $92,149– $145,393 | $155,000– $181,500 | $15,000 |
| Royalty Fee | 4%-7% | 6% | 6% | 9% | N/A |
Conclusion
This is our list of 7 best concrete franchise opportunities in 2024. This list is made based on the franchise’s reputation, experience and proven models.
It is advised to hire an attorney to understand all the terms and regulations of the franchise. So, select the best concrete franchise to invest in by considering the abovementioned factors.
FAQs
Which Is The Cheapest Concrete Franchise?
The cheapest concrete franchise is Concreet Technology Inc. It requires no franchise or royalty fee. The total investment needed for the franchise is $15,000.
What Is The Profit Margin Of A Concrete Contractor?
A reasonable profit margin to start with as a concert contractor is 20% based on the 10-10 rule in construction. This means 10% overhead and 10% profit.
Is Concrete Craft A Good Franchise To Own?
Yes, Concrete Craft is an excellent choice to own. It has grown to more than 85 franchises throughout the US and Canada and has a proven business model.
