Computers and Related Peripherals/ Equipment
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Before commencing operations

Ideal Siding

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Other
Investment Range
$73,500-$111,800
Total US Locations
44
Franchise Units
44
Founding Year
2021
Started Offering Franchises
2022
Management Capacity
Owner Operator
Job Count
N/A
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
7%
Marketing Fee
1%
Franchise Fee
$55,000
Headquarters (City, State)
Coquitlam, N/A
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
5 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

Ideal Siding is a residential and commercial siding installation and replacement company. They specialize in providing high-quality siding services with a focus on improving curb appeal, durability, and energy efficiency of homes and buildings. Their offerings include siding installation, siding replacement, soffit and fascia work, trim, and related exterior renovation services. Ideal Siding operates as a franchise model, supporting franchisees with marketing, operational systems, and vendor relationships to run successful local businesses.

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Management team / founders

Ideal Siding was founded by Andrew Ilnitski, who recognized the opportunity to standardize and professionalize the siding industry by introducing a strong franchise system. The corporate team provides franchisees with marketing programs, operational processes, and ongoing business support. The franchise model emphasizes a streamlined lead generation process, centralized call center support, and established relationships with siding suppliers and manufacturers.

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Focus of owner for daily business operations

As an Ideal Siding franchise operator, the primary responsibilities in daily operations focus on: 1.Community and Referral Network Development Building strong local presence by connecting with homeowners, property managers, and real estate professionals. Establishing trust through local marketing, networking, and reputation building. 2.Sales and Customer Relationship Management Meeting with prospective clients, providing estimates, and closing contracts. Ensuring high customer satisfaction throughout the project lifecycle. 3.Project Oversight and Workforce Management Supervising subcontractors and installation crews to ensure quality workmanship. Managing project timelines, budgets, and compliance with local regulations. 4.Team Recruitment and Training Hiring and onboarding competent staff or subcontractors. Ensuring workers understand Ideal Siding’s standards and quality expectations.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
7%
6%
6%
Marketing Fee
Franchise Fee
$55,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$5,668
$2,727
At signing of Franchise Agreement
Pre-opening Branding and Promotion
$5,668
$2,727
Franchise Agreement Payable to us. Pre-opening Branding and Promotion 2 $2,000 - $5,000 At least 1 week preceding the opening of the Franchise
Initial Training Program
$5,668
$2,727
As Required
Initial Training Program
$5,668
$2,727
Before commencing operations.
Legal and Accounting
$5,668
$2,727
Before commencing operations.
Utility Deposits
$5,668
$2,727
Before commencing operations.
Rent/leasehold improvement
$5,668
$2,727
Monthly
Local Franchisee Marketing
$5,668
$2,727
Before commencing operations
Insurance
$5,668
$5,668
Before commencing operations
Vehicle
$5,668
$2,727
Before commencing operations
Licenses and Permits
$5,668
$2,727
Before commencing operations
Additional Funds: 3- 6 Months
$5,668
$2,727
As necessary.
TOTAL
$5,668
$2,727
$5,668
$2,727
$5,668
$2,727
$5,668
$2,727
$5,668
$2,727
$5,668
$2,727
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
2022
+6
0
6
Franchised
2023
6
6
+26
2024
6
44
+26
2022
0
0
+26
Company-owned
2023
0
0
0
2024
0
0
0
2022
0
6
+6
2023
6
18
+12
2024
18
44
+26
Total Outlets
-
-
-
-
-
-
-
-
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
0
0
0
0
0
0
0
0
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
-
10 Year Cumulative Defaults
-
3 Year Predicted Default Rate
-
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.