From whom am I required to purchase certain equipment for my Deck Medic franchise?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
of your inventory and equipment.
Note 3: Sherwin Williams Start-Up Package – You will be required to purchase certain types of equipment subject to our specifications. The Sherwin Williams Start-Up Package includes the equipment that you are required to purchase, including a power washer, sprayers, and ladders. You must purchase one Sherwin Williams Start-Up Package per service vehicle. These figures represent the purchase of the necessary equipment from suppliers to provide the services of your Deck Medic Business. The costs listed here do not include any transportation or set up costs.
Note 4: Equipment – You will be required to purchase certain types of equipment, including tools (such as hammers, screw drivers, sanders, buffers, etc.), power washing ramps, and extension cords, from us or our approved manufacturers, suppliers and/or subject to our specifications. These figures represent the purchase of the necessary equipment from suppliers to provide the services of your Deck Medic Business. The costs listed here do not include any transportation or set up costs.
Note 5: Initial Inventory – You must purchase your initial inventory comprised of, among other things, required equipment and supplies (including System Supplies) such as proprietary software, uniforms, business cards,
contracts, and toolbox items from our affiliate, DM Supplies, or from our designated suppliers. You must purchase one initial product order per service vehicle if you intend to operate more than one service vehicle in your Operating Territory. This initial inventory is intended as a minor supplement to the parts and supplies that you will be required to purchase on a month to month basis and in connection with the day to day operations of your Deck Medic Business.
Note 6: Computer, Software, and Business Management System – You are required to purchase, license, and use the computer system and customer relationship management system and applications that we designate. This estimate includes an iPad or Surface Pro tablet with cellular wireless internet access and the initial start-up license for our designated business management system (the "Business Management System").
Note 7: Service Vehicle – You may use your own preexisting vehicle if it meets our standards and specifications. If you do not have a service vehicle, you must use a Deck Medic branded and wrapped service vehicle for all customer visits. The high end of this estimate assumes a down payment of $2,000 and three months of lease installment payments or financed payments at $800 per month for one service vehicle. These payments will be an on-going expense throughout the operation of your Deck Medic Business. The service vehicle must meet our standards, and specifications, be registered and insured as a commercial vehicle, be wrapped in accordance with our brand standards and specifications and be in a relatively new and clean condition. Typical vehicles that we approve include a new or used van or pickup truck in good working condition.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, franchisees are required to purchase certain equipment from specific sources. The Sherwin Williams Start-Up Package, which includes essential equipment like a power washer, sprayers, and ladders, must be purchased from Sherwin Williams. The cost for this package ranges from $3,000 to $5,000.
Other equipment, including tools like hammers, screwdrivers, sanders and buffers, as well as power washing ramps and extension cords, must be purchased from Deck Medic, its approved manufacturers, or designated suppliers. The estimated cost for this equipment ranges from $1,000 to $2,000. Additionally, the initial inventory, which includes required equipment, supplies, proprietary software, uniforms, business cards, contracts, and toolbox items, must be purchased from Deck Medic's affiliate, DM Supplies, or from its designated suppliers. The cost of the initial inventory ranges from $2,500 to $5,000.
Furthermore, Deck Medic requires franchisees to purchase, license, and use a designated computer system and customer relationship management system, including an iPad or Surface Pro tablet with cellular wireless internet access and the initial start-up license for the Business Management System. The cost for the computer, software, and business management system ranges from $0 to $2,000 and must be purchased from approved suppliers. Understanding these required purchases is crucial for prospective franchisees to accurately estimate their initial investment and operational costs.