Infographic: 5 Key Numbers about Epcon
5 quick facts for home builders looking for ways to scale up their sales potential
Home builders who want to grow their operations should consider the dominant role that older buyers play in today’s real estate market. Metro Study estimates that 52% of all new homes buyers will be 55 or older through 2019.
So, what’s the best way to take advantage of the business opportunity this presents? Work alongside a company that has appealed to this market niche for three decades.
For the past 30 years, Epcon has been building homes and developing communities that are popular with 55+ buyers. In 1986, Epcon co-founders Ed Bacome and Phil Fankhauser recognized that few maintenance-free homes and communities were available for buyers in Columbus, Ohio. They partnered to create the first Epcon community, which provided a uniquely private townhome experience for buyers who didn’t want to downsize to an apartment.
The first community sold quickly, so they built another one, then another. Soon, other builders took notice of the plans and systems they used to build communities, and Epcon Franchising was born.
Here’s a brief look at our history, as well as the opportunity ahead:
A proven recipe for home builders to follow
Epcon’s floor plans and building methods have been tried and tested and are especially popular with this growing 55+ market, prospective home buyers who are looking for carefree, easy-maintenance homes that fit into their active lifestyles and offer the right level of luxury. Epcon has conducted focus groups and evaluated customer preferences for three decades, and hired award-winning architects to develop the plans for its homes, which are now copyrighted.
Craig Crossley, an Epcon Franchise Builder who has built over 500 units in Ohio and North Carolina loves these plans, which provide a reliable blueprint for guidance. “You find out pretty quickly that the recipe that you’re buying into works,” Crossley says, “To copy something that is proven takes away a lot of the risk associated with homebuilding. Equally important, it’s a formula that does as well today as it did twenty years ago.”
This seamless process empowers even new developers to quickly develop neighborhoods. The systemization brought about by franchising can shave months off the building process for individual units, which in turn allows builders (and investors) to sell the property and reinvest their gains quickly.
Become an Epcon Franchise Builder
Disclaimer: The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document. Certain jurisdictions require registration prior to the offer or sale of a franchise. We do not offer franchises in jurisdictions where we are not registered (or exempt from registration). Epcon Communities Franchising, Inc. 500 Stonehenge Parkway, Dublin, Ohio 43017. Minnesota Franchise Registration No. F-3531.