Best Choice Roofing

Franchise Information

Analyzed filing: MN · File #1752959427
Filed: Jul 1, 2024
FDD Issued: Apr 29, 2024
Extracted: Aug 1, 2026
Needs review review auv:$7.5M/63units family consensus investment high tie:family=mn:31751-202405|values=193010,496910|current=193010
Franchisor Details
Name: Best Choice Roofing Franchising, LLC
Address: 105 Hazel Path, Hendersonville, TN 37075
Phone: 615-637-3341
Franchising Since: 2021
Industry & Qualifications
Industry
Home Services
Veteran Discount
10.0%
Franchise Fee
$59,500
Royalty
6.0%
Ad Fund: 1.0%
Total Investment
$117K - $193K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets (2023)
63
Franchised
18
Company-Owned
45
Opened (Last Year)
+14
Closed (Last Year)
-2
Churn Breakdown (Last Year)
Terminations
2
Non-Renewals
0
Ceased Ops
0
Transfers
0
Reacquired
0
Exclusive Territory
Yes
Franchisee is granted a Territory containing approximately 100,000 single-family...
Item 19 (Financial Performance)
Disclosed
Data includes 20 Affiliate Locations and 4 Franchise Locations open for the enti...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2023)
$7,528,698
Median
$7,880,062
Highest
$15,475,274
Lowest
$2,432,475
% Achieving Avg
58.3%
Sample Size
24 units
Unit Economics
Gross Margin
43.5%
COGS
56.5%
Legal History
Litigation: Yes
Best Choice Roofing Franchising, LLC v. William Zachary Herron, et al. (ongoing lawsuit for breach o...
Bankruptcy: Yes
Chief Financial Officer Andrea Morris filed a Chapter 13 bankruptcy petition in 2018, which was disc...
Number File name Source State Filing Date Actions
1752959427 MN_31751-202405-06_best-choice-roofing-franchising,-llc.pdf
Canonical 2024 analysis · needs review · newest filing
MN Jul 1, 2024 Restricted
1374129698 MN_31751-202405-07_best-choice-roofing-franchising,-llc.pdf
Alternate source copy
MN Jul 1, 2024 Restricted
175983 448143_Franchise__Best_Choice_Roofing_EFDID__44_Virginia_175983.pdf
Alternate source copy
VA Apr 29, 2024
FDD issue date
Restricted
636711 636711_best-choice-roofing-franchising--llc.pdf
Alternate source copy
WI Apr 29, 2024
FDD issue date
Restricted
113595 448143_Franchise__Best_Choice_Roofing_EFDID__44_Maryland_113595.pdf
Canonical 2023 analysis
MD Apr 28, 2023
FDD issue date
Restricted
Showing 1–5 of 5 files.
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