Is purchasing or leasing real estate required to operate a Deck Medic franchise?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
Note 2: Storage Unit – There is no requirement to purchase or lease real estate in connection with the operation of the Franchised Business. This estimate does not include the cost of operating the Franchised Business from a commercial facility. You may elect obtain a storage unit for equipment and other items used by your Deck Medic Business. The size of your optional storage unit will need to be approximately 200 square feet for the storage of your inventory and equipment.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, purchasing or leasing real estate is not required to operate a Deck Medic franchise. However, the FDD notes that this estimate does not include the cost of operating the franchised business from a commercial facility.
While not required, Deck Medic franchisees may elect to obtain a storage unit for equipment and other items. The FDD estimates the size of the optional storage unit to be approximately 200 square feet for the storage of inventory and equipment. The estimated cost for a storage unit ranges from $200 to $500, payable to the landlord as arranged.
Prospective franchisees should consider whether they prefer to operate the Deck Medic business from home or a dedicated commercial space. If a commercial space is desired, the costs associated with leasing such a facility should be factored into the overall investment and operating expenses.