Risk Score
Pending analysis
Investment Range
$282,907 - $463,389
Franchise Fee
$260,657
Total US Locations
2
Business Summary
76 Franchise Group LLC offers regional developer rights for its 76 FENCE brand. As a Regional Developer, an individual or company will operate an office to solicit prospective franchisees for 76 FENCE fencing businesses and provide training and ongoing support to those franchisees within a designated region. Regional Developers are also required to operate two of their own 76 FENCE Franchised Businesses within their region. The 76 FENCE unit franchisees sell, furnish, and install wood, steel, aluminum, and vinyl fencing for residential and commercial customers.
Corporate History
76 Franchise Group LLC was formed as a Pennsylvania limited liability company on June 16, 2023. The company was organized to acquire substantially all the assets of its predecessor, CMS Illinois, LLC. CMS Illinois previously operated a fencing repair and installation business under the name "CMS Fencing" and converted this business to an affiliate-owned 76 FENCE business in July 2023. 76 Franchise Group LLC began selling regional developer franchises for the 76 FENCE brand, as well as unit franchises for the fencing businesses, on January 1, 2024. The company has affiliates involved in other franchise concepts, such as SCOUT & MOLLY'S boutiques and former franchise brokerage services.
Financial Overview
Investment Range
$282,907 - $463,389
Franchise Fee (Low)
$260,657
Franchise Fee (High)
$428,389
Royalty %
8%
Equipment Costs (Low)
$1,000
Equipment Costs (High)
$2,000
Working Capital
$10,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
76 Franchise Group LLC reported net losses of $432,166 for the year ended December 31, 2024, and $29,594 for the period from June 16, 2023, through December 31, 2023. The company's balance sheet as of December 31, 2024, shows current assets of $51,675 and total liabilities of $155,935, resulting in a negative members' equity (deficit) of $104,260. The company receives advances from related parties, with some treated as member contributions and others as current liabilities, which the company expects to resolve from cash flows in the coming year.
Financing Details
76 Franchise Group LLC does not offer any direct or indirect financing to its regional developers. The company also does not guarantee any lease agreements or other obligations for its regional developers.
Performance Metrics
Total US Locations
2
Franchised Units
2
Corporate Units
0
Avg Square Footage
1,000
Franchising Since
2024
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
76 Franchise Group LLC has no litigation to report in Item 3 of its Franchise Disclosure Document.
Bankruptcy History
76 Franchise Group LLC has no bankruptcy information to disclose in Item 4 of its Franchise Disclosure Document.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their Regional Developer Agreement, 76 Franchise Group LLC requires regional developers to have substantially complied with the agreement and all its terms. They must sign a general release, pay a renewal fee of $10,000, and sign the then-current Regional Developer Agreement. Additionally, at least 80% of their assigned region must be developed according to the development schedule.
Training & Support Program
Franchisor Assistance
Before opening, 76 Franchise Group LLC assists regional developers by approving their office location, designating their region, and providing an initial training program for the regional developer and a designated manager. They also provide a copy of the operations manual and may establish social media accounts for the regional developer's use. After opening, 76 Franchise Group LLC provides ongoing telephone, email, conference call, and online training support. They will also provide the current Disclosure Document for 76 FENCE Franchised Businesses and offer advertising materials for local use.
Initial Training Hours
48
Training Location
King of Prussia, Pennsylvania, or virtually
Ongoing Support
After opening, 76 Franchise Group LLC provides regional developers with ongoing support through a reasonable amount of assistance via telephone, email, conference calls, and online training. They continue to lend the confidential operations manual and make advertising materials available for local use. Regional developers and their managers are required to attend periodic refresher training programs and mandatory annual conferences, for which a fee is charged.
Franchise Requirements
Ideal Candidate Profile
76 Franchise Group LLC seeks qualified regional developer candidates who possess sufficient financial resources and the ability to operate multiple locations. Ideal candidates should demonstrate experience, strong character, skill, aptitude, attitude, and business acumen. Regional developers are expected to provide direct, full-time, day-to-day supervision of their office, either personally or through a designated manager who may also be an owner. This role requires active solicitation of prospective franchisees and providing support to unit franchisees.
Industry Experience Required
No
Management Experience Required
Yes
Sales Experience Required
Yes
Technical Skills Required
No
Operational Details
Location Type
commercial
Owner Participation
hands-on
Territory Type
exclusive
Territory Size Requirements
76 Franchise Group LLC grants regional developers an exclusive region containing between 7 and 30 potential territories. Each individual territory for a 76 FENCE Franchised Business is typically defined by zip code(s) and usually contains a population of 300,000.
Staffing Notes
76 Franchise Group LLC requires the regional developer's office to always be under the direct, full-time, day-to-day supervision of a designated manager. If the regional developer is an individual, 76 Franchise Group LLC may require them to be the manager. If the regional developer is a business entity, they must select a manager, and 76 Franchise Group LLC may require this manager to be an owner of the entity. The designated manager must complete the initial training program and any replacement managers must do so within 45 days. Supervisory employees may be required to sign nondisclosure and non-competition agreements. The regional developer and their manager are also required to attend annual conferences.