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Becoming a Ram Jack Franchise
Billions of dollars are spent each year repairing or stabilizing foundations. The Ram Jack business system has proven to be successful at capturing a share of the billions that are spent to repair or prevent foundation damages.
Ram Jack is seeking individuals who meet the following criteria:
- A strong desire to succeed, work hard and be part of a winning team.
- The willingness to participate in a comprehensive training program and semi-annual continuing education training.
- A willingness to personally devote full-time efforts to the day to day operations of the Ram Jack Franchise
- A successful background in construction with emphasis on interpersonal skills and financial management.
- Approximately $60,000 of non-borrowed personal resources.
- High personal integrity
- An entrepreneurial spirit and strong desire to succeed
- A proven ability to motivate and train people
- The ability to manage finances
- A willingness to complete a comprehensive training program and become proficient in all aspects of operating a Ram Jack Franchise.
- Financial resources
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Cost of a Ram Jack Franchise
Typically, a new Ram Jack Franchise ranges from $40,000 - $209,000 USD. With existing businesses the cost will be less due to shared costs of office expenses, existing vehicles, trailers and office equipment. $20,000 USD is paid at the signing of the FA for the franchising fee. Approximately $20,000 USD is the cost of proprietary equipment such as drive heads, hydraulics and lifting apparatus. The cost of the proprietary equipment will vary from location to location due to the soil and manner of construction in the territory.
Speculative Earnings
Profitability varies depending upon a number of factors, including sales, advertising, operation costs and the ability of the franchisee to manage and control the business. Questions related to profit and loss are discussed during a later stage of the selection process.
Territories Offered
Ram Jack's territory development criteria takes into account many factors considered to aid in success, including but not limited to demographics, market size and customer potential, without regard to who may purchase the territory.
As a Ram Jack Franchisee you will receive:
- Comprehensive training program that includes installation, sales, marketing and office training
- A Ram Jack website to develop leads in the territory
- Business Management Software
- Sales, Technical and Business coaching and support from a staff with many years experience in the foundation repair industry, including an Engineering department to help with design and bid specifications
- The ability to pursue residential and commercial markets
- Networking access to more than 40 other Ram Jack entities