Innovative Roof Solutions franchise
2023 filing · January 9, 2023
Innovative Roof Solutions at a glance
A roofing business selling and applying protective coatings to residential and commercial roofs. At the end of 2022 there were 1 Innovative Roof Solutions locations in the US, all company-owned.
The business
- Industry
- Roofing
- Franchisor
- Innovative Roof Solutions, LLC
- The company that sells the franchises
- Franchisor based in
- New Berlin, Wisconsin
What you pay
- Cost to open
- $162K–$608K
- Fee, build-out and opening working capital
- Franchise fee
- $57,647
- Paid once, when you sign
- Royalty
- 9%
- 9% of gross sales, paid monthly
- Agreement length
- 10 years
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2020–2022
From Innovative Roof Solutions, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Innovative Roof Solutions among all franchises with the same figure.
| Figure | Innovative Roof Solutions | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $384,707 | Costs more than 53% of franchises |
| Franchise feePaid once, when you sign | $57,647 | Higher than 84% of franchises |
| RoyaltyShare of sales paid to the franchisor | 9% | Higher than 94% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Innovative Roof Solutions franchise costs
Opening one Innovative Roof Solutions costs an estimated $161,500 to $607,914. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Innovative Roof Solutions, LLC, 2023 filing, page 16
Innovative Roof Solutions franchise fee
The franchise fee is $57,647. You pay it when you sign the franchise agreement.
Source: Innovative Roof Solutions, LLC, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | 9% of gross sales, paid monthly. |
|---|---|
| Transfer fee | $10,000 plus any broker fees and other out-of-pocket costs we incur |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Innovative Roof Solutions, LLC, 2023 filing, page 11
Other fees as filed, from page 13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Innovative Roof Solutions does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Innovative Roof Solutions, LLC, 2023 filing, page 35
How Innovative Roof Solutions compares
Of the 17 roofing franchises on this site, Innovative Roof Solutions is the 11th cheapest to open and the 13th largest by number of locations.
| Figure | Innovative Roof Solutions | Typical roofing brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $162K | $120K | $222K |
| Cost to open, high end | $608K | $248K | $477K |
| Franchise fee | $58K | $50K | $40K |
| Royalty | 9% | 6% | 6% |
| US locations | 1 | 9 | 21 |
| Shares earnings figures | No | 11 of 17 | 2,147 of 3,352 |
Typical is the median across the 17 brands in roofing franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 0 | 0 | 0 |
| 2021 | 0 (0) | 0 | 0 | 0 |
| 2022 | 0 (0) | 1 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Innovative Roof Solutions, LLC, 2023 filing, page 35
Who owns Innovative Roof Solutions?
Innovative Roof Solutions franchises are sold by Innovative Roof Solutions, LLC. Its filing names no parent company.
From Innovative Roof Solutions, LLC’s 2023 filing, page 9.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Innovative Roof Solutions, LLC, 2023 filing, litigation on page 11, bankruptcy on page 11
Innovative Roof Solutions filings
The figures on this page come from Innovative Roof Solutions, LLC’s 2023 filing, issued January 9, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | January 9, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
