Does the Epcon Communities franchise prohibit purchasing developed lots from a third-party land developer?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
You will most likely purchase raw land and undertake the due diligence, entitlement, land development and site improvements for your project. However, we do not prohibit you from purchasing developed lots for your project from a third-party land developer. If you purchase developed lots for your project, the zoning, entitlement, land development and permits needed for the development of the lots will have been obtained prior to your purchase of the lots.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 22–32)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, franchisees are not prohibited from purchasing developed lots from a third-party land developer. The document indicates that while franchisees will most likely purchase raw land, they have the option to purchase developed lots.
If a franchisee chooses to purchase developed lots, the zoning, entitlement, land development, and permits needed for the development of the lots will have been obtained prior to the purchase. This can potentially reduce the time required to bring a project to market. The FDD notes that further zoning approval may be required in certain municipalities related to exterior architectural element requirements before vertical construction may begin.
The cost estimates provided in Item 7 of the FDD assume the franchisee is planning to complete one project in a standard market area with thirty detached dwelling units. The estimates for vertical construction are based on the Portico model home design. The document includes information for franchisees purchasing raw land and those purchasing developed lots.
Prospective franchisees should consider the costs, benefits, and requirements associated with purchasing either raw land or developed lots when evaluating the Epcon Communities franchise opportunity. They should also consult with an attorney and accountant to understand the real estate purchase and development processes in their specific market.