aggregated_summary

Across how many Epcon Communities projects was the options purchased data collected?

Epcon_Communities Franchise · 2025 FDD

Answer from 2025 FDD Document

Options Purchased for Detached Units in 2024 Franchise Projects Combined

(525 Total Detached Unit Closings with Reported Options Across 54 Projects from 25 Franchisees)

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATION (FDD pages 69–79)

What This Means (2025 FDD)

According to Epcon Communities' 2025 Franchise Disclosure Document, data regarding options purchased for detached units was collected across 54 projects from 25 franchisees. This data encompasses 525 total detached unit closings where options were reported.

For Epcon Communities franchisees, understanding the prevalence and value of options purchased is crucial. The FDD indicates that offering options is customary, and these options can significantly impact the overall sale price of a home. These options can be structural or material upgrades.

The document also notes some instances where options data may be unavailable, such as when sales data is collected from county property records or settlement statements that do not include detailed information on options. In these instances, the closings are not included in the average calculations. This highlights the importance of franchisees accurately reporting options purchased to ensure comprehensive data collection.

Prospective franchisees should consider how they will track and report options purchased in their own projects to contribute to accurate financial performance representations and to gain a clear understanding of the impact of options on their revenue.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.