factual

In what month does Epcon Communities require the model home to open?

Epcon_Communities Franchise · 2025 FDD

Answer from 2025 FDD Document

menity adjusted for your local building code requirements.

    1. Commencing in month twenty (20), you will construct the model home, which opens in month twenty-four (24).

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

What This Means (2025 FDD)

According to Epcon Communities' 2025 Franchise Disclosure Document, if a franchisee purchases developed lots, the model home is expected to open in month twenty-four (24) of the franchise agreement. This timeline is based on the assumption that the franchisee enters a contingent land purchase agreement within the first three months. Following this, there is an eight-month period for due diligence and adjusting prototype plans. Construction of the model home then begins in month twenty (20), with the opening occurring in month twenty-four (24). Enrollment on the Epcon Communities website is expected to occur five months prior to the model home opening.

Alternatively, if the franchisee purchases raw land, the model home is also expected to open in month twenty-four (24). This timeline includes entering a contingent land purchase agreement within the first three months, followed by eight months for due diligence, zoning, and preliminary engineering. Final civil engineering approval takes an additional four months, and land development begins in month sixteen (16). Construction of the community amenity and model home begins in month twenty (20), with the model home opening in month twenty-four (24). Enrollment on the Epcon Communities website also occurs five months prior to the model home opening.

For prospective franchisees, this indicates a significant lead time between signing the Franchise Agreement and opening the model home. The FDD outlines a detailed schedule of activities, including land acquisition, due diligence, construction, and marketing, all of which must be carefully managed to meet the expected opening date. The franchisee should be aware of the dependencies between these activities and the potential for delays, which could impact the overall project timeline and financial projections. Understanding these timelines is crucial for planning and securing necessary financing.

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.