factual

How long does it take to construct the community amenity for an Epcon Communities franchise?

Epcon_Communities Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Commencing in month twenty (20), you will begin construction of the community amenity, one (1) model home Unit to be offered for sale and leaseback and your first Unit to be offered for sale to homeowners. The time period for the construction of the community amenity is approximately sixty (60) days. The time period for the construction of a slab-on-grade Portico Model Home Unit with no structural options and an additional Portico Unit with no structural options to be made available for sale to homeowners is approximately one hundred twenty (120) calendar days.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 22–32)

What This Means (2025 FDD)

According to Epcon Communities' 2025 Franchise Disclosure Document, the construction of the community amenity is estimated to take approximately 60 days. This timeline is based on the assumption that the franchisee purchases raw land and develops the lots themselves.

The FDD notes that the community amenity, such as a pavilion or clubhouse, is typically constructed on common ground for use by all residents. The type and size of the amenity can vary depending on the number of units in the community. For the purposes of Item 7, the FDD includes an estimate for a Large Pavilion, which is suitable for a project with thirty units.

It's important to note that this 60-day construction period begins in month twenty of the project timeline, after several preliminary steps have been completed. These steps include securing a land purchase agreement, performing due diligence, completing zoning and entitlement processes, and finalizing engineering plans. The franchisee will also need to submit for building permits and award contracts to subcontractors before construction can begin. Therefore, while the construction of the amenity itself is relatively quick, it is part of a much longer development process.

Prospective franchisees should consider this timeline in their overall project planning and budget. Delays in any of the preliminary steps could potentially impact the start date and completion of the community amenity, which could affect the attractiveness and marketability of the Epcon Communities project.

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.