BEST CHOICE ROOFING

BEST CHOICE ROOFING

Best Choice Roofing franchises provide residential and commercial roofing services, specializing in reroofing properties damaged by wind or hailstorms, along with other property maintenance services. Franchisees operate under the franchisor's marks and system, leading sales teams, managing production from start to finish, ensuring customer satisfaction, and handling payments often involving insurance carriers. The target market includes both residential and commercial property owners in defined territories.

18
Locations
$117K–$202K
Investment
Since 2021
Franchising
ServicesHendersonville, TNwww.bestchoiceroofing.comDisclaimer

Franchise Costs


Franchise Fee
$59,500
Item 5 of FDD
Initial Investment Range
$117,410 $202,010
Low: $117,410High: $202,010
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
3.00%
Item 6 of FDD
Fixed Monthly Fees
$1,192 – $1,192
Item 6 of FDD

6% royalty + up to 3% brand fund (currently none) + $691/mo software fees + $3,300/yr ($275/mo) call center fee + $2,500/yr Owens Corning membership

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: 4 franchised locations open and operating for the entire 2023 calendar year.

* Average gross revenue, median gross revenue, revenue top quartile (highest), and revenue bottom quartile (lowest) were calculated from the 2023 Gross Revenue of the four 'Franchise Locations' listed in Chart 2 on pages 4-5. The document explicitly states on page 6 that 'Franchised Locations' did not report sufficient data to present a profit and loss statement, thus all profit-related fields are set to null.

Extracted Item 19 Section

How BEST CHOICE ROOFING Compares


Key Insights

  • One of the lowest investment costs in Specialized Construction Services (ranked #2 of 11)
  • Top 10 largest franchise system in Specialized Construction Services
  • Lower than average SBA loan default rate in Specialized Construction Services
FranchiseInvestmentFeeRoyaltyLocations
BEST CHOICE ROOFING
Current
$117K – $202K$60K6.0%18
PAUL DAVIS RESTORATION INC FRANCHISE AGREEMENT$299K – $805K$130K4.0%266
Temporary Walls Systems$154K – $366K$60K8.0%261
1-800-STRIPER$250K – $322K$50K7.0%128
JET-BLACK$118K – $174K$48K8.0%114
GOLIATHTECH$100K – $244K$50K0.0%107
Specialized Construction Services Average
11 franchises
$164K – $314K$60K6.4%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 11 Specialized Construction Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States
1TX
7
2CA
1
3CO
1
4DE
1
5GA
1
6LA
1
7MI
1
8OR
1
9PA
1
10TN
1
11UT
1
12AR
1
13IN
0

SBA Loan History


Historical SBA 7(a) loan data for BEST CHOICE ROOFING franchisees (20232025)

Total Loans
15
Average Loan
$181,247
Total Volume
$2.7M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


32 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

32 Contacts Available

Unlock all BEST CHOICE ROOFING franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases3

Primarily franchisor actions against former franchisees for breach of contract, trademark infringement, unfair competition, and violations of restrictive covenants and settlement agreements.

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Chief Financial Officer Andrea Morris and Ronald Eugene Morris filed Chapter 13 on June 6, 2018 (discharged October 28, 2022).

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
2
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
14

Frequently Asked Questions


The total initial investment to open a BEST CHOICE ROOFING franchise ranges from $117,410 to $202,010. This includes a franchise fee of $59,500. Ongoing royalty fees are 6.0% of gross sales.

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