Imeca

Lumber and hardware stores
Investment
$365,650
Initial Franchise Fee
$39,900
Units
17
Growth Rate
+21.4%

Overview

Industry
Retail
Founded
2002
Franchising Since
2019
Parent Company
Leadership
Tony Cocchiola, CEO
# of Employees at HQ
10

Units and Growth Chart

About Imeca

Why You May Want to Start an Imeca Franchise

Apart from providing home improvement resources such as plywood, drawer slides, and AVENTOS lift systems, the engineers at Imeca may give expert advice to various institutions and facilities, including government agencies, insurance adjusters, and law firms, among others.

An ideal franchisee should be personable with knowledge of the construction and/or home improvement sector. They should be ready and willing to follow a business model and offer help to customers.

What Might Make an Imeca Franchise a Good Choice?

As a potential franchisee, you will undergo Imeca’s extensive training program held at its headquarters in Miami Gardens, Florida. Upon completion, you will be familiar with the history of the franchise, how it runs, its history, and the ins and outs of the business that you are about to open. The franchise’s marketing strategies help franchisees slide into the market without having a lot of challenges.

To be part of the Imeca franchise team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and renewal fees. 

Imeca has partnered with third-party financial lenders who may offer help covering the costs of the franchise fee, startup, equipment, inventory, accounts receivable, and payroll if you meet their qualifications.

How to Open an Imeca Franchise 

As you decide if opening an Imeca franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Imeca franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement with the Imeca franchise, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Imeca franchising team questions.

If awarded a franchise, franchisees receive a great deal of support from the Imeca franchise brand throughout the franchising process. In addition to pre-opening training, franchisees may receive support through grand opening support, site selection, and marketing through social media. Imeca franchisees may also receive hands-on training and continued support after opening their franchise location.

It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate an Imeca franchise.

Investment Details

Initial Franchise Fee
$39,900
Initial Investment
$365,650 - $458,900
Net Worth Requirement
Cash Requirement
Royalty Fee
5%
Ad Royalty Fee
to 1%
Technology Fee
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
N/A

Available Territories

Franchising opportunities available in the following regions

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
90 hours
Classroom Training
30 hours

Ongoing Support

Grand Opening
Site Selection

Marketing Support

Social Media

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
0
Are exclusive territories available?
Yes

Ranking History

Imeca performance in the Franchise rankings over recent years

No data available at this time.

Find Your Perfect Franchise Match

See which franchises fit your budget and have open territories near you.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022