Epcon looking to Arizona to expand franchise homebuilding model
Phoenix area has a potential shortfall of 20,000 homes over the next five years.
Epcon Communities Franchising, Inc. (Epcon) announced today that it actively seeks individuals interested in becoming a franchise home builder in the Phoenix area to specifically address an underserved housing market for adults who are 55 and older.
According to a 2014 study conducted by Metrostudy, the Phoenix area has a potential shortfall of 20,000 homes over the next five years. Epcon’s solution to address Phoenix’s housing gap is a franchise model that provides individuals the opportunity to build and develop low maintenance, award-winning condominium homes designed to meet the unique lifestyles of today’s 55 and older adults.
“Our communities are designed for the needs of the modern, active home buyer and a franchise owner can custom-build their community and the homes to best fit the needs of its local residents,” said Phil Fankhauser, Epcon’s co-founder and CEO. “Phoenix represents an opportunity for aspiring franchise owners to build and sell a community and we help by offering resources, knowledge and home designs.”
Epcon’s research with Metrostudy shows that Phoenix is among the top 10 cities with a significant housing gap for the baby boomer generation. “Our recent study in partnership with Metrostudy confirms that Phoenix is an ideal city for expanding our franchise model because of the attractive attributes of the region like recreational opportunities and accessibility to healthcare that are important to baby boomers,” Fankhauser added.
With nearly 30 years of experience in the housing market and with franchises in 19 states, Epcon provides proven home designs that are built for mature adults. “Epcon has provided tried-and-true home designs that are well received everywhere,” said David Labus, Foundation Development Group, a longtime Epcon franchise. “It is a very rewarding business to be involved in.”
Potential franchisees are not required to have construction experience, but should have the ability to acquire at least five acres of land, a net worth of $1.5 million and the ability to secure minimum project financing of $5/6 million.
About Epcon Communities Franchising, Inc.
Building low-maintenance condominium homes to accommodate a carefree lifestyle since 1986, Epcon and its affiliates have fine-tuned the building process and provide franchisees the knowledge and resources needed to start an Epcon community. Learn more by downloading our free franchise report or give us a call at 1-800-783-3838.