Franchise Deep Dive: Ideal Siding Franchise Costs, Fees, Profit and Data

This franchise’s goal is to ensure that every homeowner in North America has access to reasonably priced siding services with high-quality workmanship.

By Victoria CampisiStaff Writer

8:08AM • 05/19/24

LAST UPDATED: 2/2024

FRANCHISE WEBSITE: https://idealsiding.com/franchise/

NUMBER OF LOCATIONS: 37

REPORTED COST TO GET IN: $83,500 to $129,700

REPORTED ROI (Item 19): N/A

Ideal Siding is a franchise that offers siding renovation services to homeowners in North America. It aims to provide reliable, affordable and professional siding services through its proprietary system.

How Many Ideal Siding Locations Are There?

Ideal Siding was founded by Alex Filipuk after witnessing his friend's struggles as a siding installer during the 2007 housing crisis. Seeing the disparity between homeowner costs and installer wages, Alex reimagined the siding process to offer fair compensation to installers while providing homeowners with more affordable pricing.

Driven by a commitment to fairness and quality, Ideal Siding quickly expanded from Vancouver to become what it says is the fastest-growing siding company in North America. Today, the 37-unit company is known for its transparent pricing, top-quality materials and a 25-year labor warranty. There are over 400 locations available for franchising in the U.S. and Canada.

What Is The Ideal Siding Business Model?

Ideal Siding's mission is to ensure that every homeowner in North America has access to reliable, affordable, and professional siding renovation services. Key features of the business model include:

Proprietary System: Ideal Siding utilizes a proprietary system for onboarding the best installers in the industry, ensuring high-quality workmanship for every project.
Financial Model: The company has developed a financial model that works in all markets, allowing it to survive economic downturns and scale rapidly during market recoveries.
Low Overhead: With no need for an office or warehouse, Ideal Siding franchisees benefit from low overhead costs, maximizing profitability.
Modern Materials: Ideal Siding uses composite materials that are affordable, stylish and low maintenance, catering to the preferences of modern homeowners.
Marketing Support: Franchisees receive comprehensive marketing support from the head office, including both local and national marketing initiatives to attract and retain customers.
Training and Support: Franchisees undergo a carefully designed training program and receive continuous support in various aspects of business operations, including marketing, operations, technology and more.
Appointment Scheduling: The central office handles appointment scheduling for franchisees, allowing them to focus on day-to-day operations without the hassle of managing customer inquiries.
Sales Strategies: Franchisees are equipped with time-tested sales strategies outlined in an operating manual, ensuring a continuous revenue stream throughout the year.
Community of Support: Ideal Siding fosters a community of thriving business owners, providing franchisees with access to experienced and qualified advice from fellow franchisees and the corporate team.
Scalability: The franchise model is designed for scalability, allowing franchisees to expand their operations and grow their businesses over time.

How Much Can Ideal Siding Owners Make?

Earnings for Ideal Siding owners are not publicly available.

How Much Does It Cost to Open an Ideal Siding Franchise?

The total investment ranges from $83,500 to $129,700. This includes:

Initial Franchise Fee: $50,000
Pre-Opening Branding and Promotion: $2,000 - $5,000
Initial Training Program: $0 - $2,000
Office Equipment and Supplies: $500 - $4,000
Legal and Accounting: $4,000 - $5,000
Rent and Leasehold Improvements: $0 - $5,000
Utility Deposits: $0 - $500
Local Franchisee Marketing: $5,000
Insurance: $1,000 - $6,000
Vehicle: $0 - $1,200
Computers and Equipment: $500 - $4,000
Licenses and Permits: $500 - $2,000
Working Capital and Additional Funds (3-6 Months): $20,000 - $40,000

What Is the Franchise Fee for Ideal Siding?

The franchise fee is $50,000.

Who Are the Leaders of Ideal Siding?

What Helpful Articles Can I Read to Learn More?

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