3 Hidden Construction Costs Your Franchise Needs to Consider

3 Hidden Construction Costs Your Franchise Needs to Consider

3 Hidden Construction Costs Your Franchise
Needs to Consider

Hidden costs typically end up costing you
more time and energy than probably
anything else throughout your franchise
process.

Hidden costs can range from the slightest
details to massive faults within your
commercial property. Usually, you don’t
know about these fees until you plan your
construction or renovation project.

Before signing any lease on a commercial
property, consider a site evaluation to
uncover all those pesky surprises that will
affect your project’s scope of work and your
overall budget in advance.

Relying on more than 25-years of
Construction industry experience, here are
some of the most frequent examples to
help you get started:

UNDERGROUND DRAIN PIPING

The location of any newly installed sinks
and toilets is dependent on how you
properly secure your new features to the
current point of connection or to the main
sewer line itself.

Trenching the property can add a bundle to
your costs. Even if you’re not installing new
plumbing, the existing drainage condition
can be like an explosive waiting to go off.

We recommend that you establish your
plumbing conditions first and then figure
out accountability (tenant or landlord) for
any faulty features within your
infrastructure.

To get the best site inspection possible,
contact a national GC to help you
thoroughly inspect your plumbing and
pipelines.

Contact Ferrandino & Son at (866) 571 – 4609 or email
sales@ferrandinoandson.com to talk more in-depth about your local franchise build-out now!

PERMIT REVISIONS

City permits are a complicated part of any
commercial renovation project. Of course,
permit processes vary per the geography.
However, every project will undergo this
kind of challenge at least once.

Any plan revisions are required to
incorporate some representation of your
project. For instance, if plan revisions are
necessary, you might have to increase your
budget to have an architect or engineer
alter your plans.

In addition to hiring specialists, you will also need to add labor costs to execute the plan revisions and go through the municipal approval process again.

Busy municipalities can take weeks to
months to approve your plans. The cost to
you is not just the architectural,
engineering, and permit fees, but also lost
time.

To streamline this step, make sure your GC
can navigate the permitting process and
be the right advocate to voice your best
interests.

UTILITY CHANGES

You may find that you need a service
upgrade (more electricity or gas) to add
more power to your space or for your
equipment.

For example, if the existing property has 200 amps of power and you need 400 amps for a commercial kitchen, it may take several months to process these service upgrade requests.

Including a GC in this process to help
correspond and coordinate this upgrade
ensures field condition requirements and
mitigates further issues when an inspector
comes to inspect the job site.

Remember, hidden costs apply to almost
everything before beginning your
construction or renovation project.
Some hidden costs are unavoidable. Being
aware of them ahead of time can help you
plan and budget your project correctly and
even influence your commercial space.

For additional reading, please check out
these resources below:

Check out our latest blog HERE for more information!

Check out our latest case study HERE for more information!

CONNECT WITH US TODAY!

Did you purchase a franchise and require a contractor to develop your space?

Please email us at sales@ferrandinoandson.com to connect with
one of our dedicated representatives to launch your franchise today!

866-571-4609

sales@ferrandinoandson.com

The Top 5 Real Estate Tips For Your Franchise

The Top 5 Real Estate Tips For Your Franchise

The Top 5 Real Estate Tips For Your Franchise

Suppose you’re in the process of acquiring
a commercial property to buy or lease for
your business. In that case, it’s important to do your due diligence in becoming familiar with the property history and conditions. Some might view connecting with a national GC at this stage too early in the process.

However, it’s wise to bring them on
during this evaluation stage, so you don’t
overlook possible deal-breakers in your
new space.

Below are the top five best-in-class
assessment tips to follow when assessing
your next franchise space.

UTILITIES & UPGRADES

Your new franchise’s existing utilities can
affect just about every step of the design
and build process and their respective
expenses.

As you start to invest your time and money
into your commercial property, your
national GC will document the types of
utilities your space requires. Certifying
whatever upgrades you have in mind will
match the energy source.

You want an expert eye because you don’t
want to get too far in your upgrades and
suddenly realize your gas line might not be
up to code.

ACCESSIBILITY

Making sure to adhere to accessibility
conditions in your new franchise is central
to your space’s functionality. If your new franchise is a medical clinic, restaurant, medical spa, or any public property, you might want an expert opinion about ADA regulations.

Things can turn into a liability real quick if your franchise is inadequately prepared.

CODE COMPLIANCE

Following suit with the previous advice, general code compliance and permitting go hand-in-hand when prepping your next franchise location.

Things could be much easier if we could all
bypass getting “permission” to design a
space we purchased, but that’s not the
case and with due cause.

If you bring your national GC on board
during this stage, you’ll quickly find to your
benefit how much faster and easier the
permitting process can be.

Contact Ferrandino & Son at (866) 571 – 4609 or email
sales@ferrandinoandson.com to talk more in-depth about your local franchise build-out now!

DEMOLITION & HAZARDS

In terms of dealing with the demolition
stage and the abatement of hazardous
materials, it’s highly-recommended to
enlist a contracting partner.

You don’t want to go through the hassle of
doing this part alone.

By acquiring a GC, you’ll not only feel
comfortable with the completion of the
task, but you’ll feel better knowing that the
vetted crews (responsible for tackling this
stage) have the right protective gear and
personal protective wear.

HIDDEN FIGURES

Finally, the one thing that is perhaps of the
highest-priority is dealing with your
franchise’s hidden costs (e.g., subsurface
conditions).

Now that you’ve purchased your space, the
last thing you want to do is put the budget
you have aside for your projects to go into
other spontaneous things that will raise
your bill.

Spontaneous hidden fees could include
unanticipated groundwater (static or
percolating), muck and excessive rock
formations, and other artificial
human-made obstructions.

Again, your national GC will come to the
rescue, and make sure to catch all these
issues first so that you won’t deal with any
hidden surprises.

In the end, your partner can help save you
tens of thousands of dollars through their
experience and perspective.

They know the ins and outs of your
structural conditions, city inspections, and
the necessary details of the work that’s
required.

Most importantly, your GC can weigh in on
your project’s true scope of work and cost.
For additional reading, please check out
these resources below:

Check out our latest blog HERE for more information!

Check out our latest case study HERE for more information!

CONNECT WITH US TODAY!

Did you purchase a franchise and require a contractor to develop your space?

Please email us at sales@ferrandinoandson.com to connect with one of our dedicated representatives to launch your franchise today!

866-571-4609

sales@ferrandinoandson.com

Commercial Site Evaluations Critical To Project Management

Commercial Site Evaluations Critical To Project Management

Commercial Site Evaluations Critical To Project Management

You deserve to have as much information as possible before purchasing or selling
commercial property. With a comprehensive commercial site evaluation, you can get the perspective you need to upgrade your space confidently.

Site Evaluation Checklist

A comprehensive site evaluation can help
you run through all the facts about your
commercial property or prospective
property while helping you visualize any
design program you have in mind for your
portfolio.

National GCs should apply their
industry-leading knowledge, database,
network, and commercial structure savvy
to help you understand the facility’s
landscape but also so you know your site’s
regulations and your project checkpoints
and expectations accurately and
realistically.

Typically, if you connect with a contractor,
you’ll have an immediate opportunity to
audit your site. Site evaluations mostly
consist of utilizing your SOW to establish the work and (depending on GC) identify other overlooked items, not within your scope.

What to Expect

Working to understand what short-term
and long-term resources are needed for
your business to move and thrive is the
primary goal.

Accurate commercial site evaluations and
consultations give you the most bang for
your buck. Knowing about the potential
hidden costs to any design plan ahead of
time is the point of investment.

Contractors offer 100% of their expertise to
streamline the process of transforming “just a property” into a dream-reality.

In addition, a construction partner can save
you a significant amount of money by
steering you away from options likely to
incur more costs and offer a value-driven
alternative to work within your budget.

Commercial property inspections should
include the following:

  • Identifying Structural Planning

  • ADA Accessibility

  • Resubmittal

  • Mechanical, Electrical & Plumbing Systems

  • Review of Pre-Plan Builds with Future Needs

  • Fire Protection & Suppression

  • Title-24 Compliance

  • Restricting Construction Guidelines

  • Condition of Existing Subflooring

  • Demolition Requirements & Containment

  • Communication with Ownerships, Agents & Prospects

Site Evaluation pricing is property-specific and varies per commercial property. For a snapshot of expectations under a comprehensive site assessment, contact a GC as soon as possible and request a commercial property checklist.

You can utilize this general checklist to perform an independent evaluation first. However, to get the most value, contact a national GC for a thorough and professional site analysis.

For additional reading, please check out these resources below:

Check out our latest blog HERE for more information!

Check out our latest case study HERE for more information!

Contact Ferrandino & Son at (866) 571 – 4609 or email
sales@ferrandinoandson.com to take advantage of our site evaluation services!

CONNECT WITH US TODAY!

Did you purchase a franchise and require a contractor to develop your space?

Please email us at sales@ferrandinoandson.com to connect with one of our dedicated representatives today.

866-571-4609

sales@ferrandinoandson.com

Remodels and Build-Out Best Practices

Remodels and Build-Out Best Practices

Remodels and Build-Out Best Practices

When working within the franchise industry, it’s best practice to understand the complexities of all the commercial components and available custom finishes that can make your project stand out.

For example, signage and lighting are just as crucial as other construction elements in
contributing to your business’s success.

Whether you need exterior or interior
construction services, or both, below are
some guidelines that can help offer your
next project deliver the outcomes you are
hoping for.

Approaching Your Remodel

Remodeling an existing business requires
an extra level of attention, and you want to
make sure that you’re partnering with a
contractor that understands your
municipality processes and Health Code
regulations.

Specific regulations can affect even the
most common installations like proper
hood Installations for a commercial kitchen, ADA upgrades, retrofits, and refrigeration.

Having knowledgeable professionals by
your side can provide a better experience
while seamlessly assessing possible project
delays and municipal approval issues
before they happen, which directly
translates to saving you time and money.

Be in the Know

Through your franchise buildout, know how your partner provides the right value to engineer your vision. Does your partner provide money-saving alternatives, and are they submitting streamlined designs and construction services?

Is your partner giving you detailed progress reports and invoices? Do they have a large enough labor force to deliver exceptional custom builds?

Whether this is your first build or your
hundredth, use an experienced contracting
company to gain an in-depth understanding of your project’s requirements to set realistic timing expectations and for proper allotment of resources.

Connecting With the Right Industry Experts

Accept nothing less than the very best
quality work. From offering practical
cost-saving material alternatives to finding
design adjustments that improve your
remodel and enhance your visual appeal,
connecting with the right industry experts
will give you a consistent approach for
your renovation needs.

Also, consider partners committed to
providing a safe work environment and
courteous to limit business disturbances
even on the tightest deadlines.

Take the time to seek out your go-to
general contractor. The start of your
business relationship doesn’t have to end
after your construction projects. They can
be your leading resource to help mitigate
maintenance issues for better portfolio
longevity. For additional reading, please
check out these resources below:

Check out our latest blogs HERE for more information!

Contact Ferrandino & Son at (866) 571 – 4609 or email
sales@ferrandinoandson.com to learn more about our construction programs and services!

CONNECT WITH US TODAY!

Did you purchase a franchise and require a contractor to develop your space?

Please email us at sales@ferrandinoandson.com to connect with one of our dedicated representatives to launch your franchise today!

866-571-4609

sales@ferrandinoandson.com

Quick Tips: Aligning Your Sow With Your Permitting Process

Quick Tips: Aligning Your Sow With Your Permitting Process

Quick Tips: Aligning Your Sow With Your Permitting Process

Permitting for an improvement project can
be confusing, expensive, and
unpredictable.

Frequently, costly building requirements
can range from delays to other nuisances
towards the owner or lessee. With proper
advocacy, you can avoid some of the
conditions that don’t apply to your projects.

Proper knowledge about your plans and
having the right discussions and petitions
to the city can bypass lost times through
the municipal comments and corrections
phase.

Your Scope-of-Work (SOW) is the first step towards helping to mitigate the permitting process.

Outlining Your Scope-of-Work (SOW)

Having a clearly defined SOW helps your
permitting process by making it more
straightforward and allowing an easier
chance to correct your plans when you
receive comments and corrections from
your review.

There’s nothing more annoying than
getting rejected or flagged for a minor flaw that can stall your review process for
something that you could’ve avoided
before submission.

An SOW not only outlines the main project
components you wish to lift but can also
identify out-of-scope opportunities that
can potentially disrupt your plans during
your permit review.

Permitting Process Flow

The typical permitting process varies from each geographical location. However, for the most part, you can expect to come across a flow that consists of the following:

  • Develop Permit Drawings

  • Fill Forms & Pay Initial Fees

  • Wait: 2-weeks for Review Comments & Corrections

  • Re-submit Corrected Plans

  • Wait: 2-weeks for additional Comments & Corrections (this step can repeat multiple times)

  • Begin Approval for Each Department: MEP, ADA, etc.

  • Receive Additional Department Corrections

  • Resubmittal

  • Final Stampout & Pay Fees to Obtain Permit

Contact Ferrandino & Son at (866) 571 – 4609 or email
sales@ferrandinoandson.com to talk more about how we can make your dreams a reality!

Proper Resubmission Responses

When responding to your plan’s comments
and corrections, there’s a constant need to
explain the scope and challenge the
assessor’s statements.

By connecting with the right National GC,
rectifying your issues can become a more
straightforward process because they’ll be
the liaison to communicate with the
municipality so you can continue to focus
on other responsibilities.

The following are some quick tips to help
support your permitting workflow:

  • Connect with a National GC

  • Make sure your partner is well-versed with your municipality guidelines and procedures

  • Communicate objectives clearly Ensure SOW marks all necessary field conditions and upgrades

  • Have a reporting workflow in-place

It’s important to note that any attempt to
change your permit drawings after
obtaining your permit can add months to
your project.

Also, failing to recognize inaccurate SOWs
and plans can lead to unnecessary work
and more costly delays.

For additional reading, please check out
these resources below:

Check out our latest blog HERE for more information!

Check out our latest case study HERE for more information!

CONNECT WITH US TODAY!

Did you purchase a franchise and require a contractor to develop your space?

Please email us at sales@ferrandinoandson.com to connect with one of our dedicated representatives today.

866-571-4609

sales@ferrandinoandson.com

7 Best Practices Before Signing Your Franchise Lease

7 Best Practices Before Signing Your Franchise Lease

7 Best Practices Before Signing Your Franchise Lease

As commercial tenants enter their new
leases, it’s easy to overlook some unfamiliar
lease implications and terms on potential
future expenses.

A little bit of awareness can go a long way
when helping lessees understand their
existing conditions.

Following these eight industry best
practices before signing your commercial
lease can help ensure your facility repairs
before you’re open for business while
safeguarding your budget.

EXISTING CONDITIONS

Learning and identifying your existing
spatial conditions while doubling down on
recognizing your terms within your lease
agreement is a great starting point before
signing any franchise lease.

If you’re still feeling vague about your lease,
try connecting and consulting with a
national partner. They can provide the right
inspection specialists to assist you on the
front end by accurately pointing out
specific improvement projects that will help
you avoid surprise holdups and costs.

INFRASTRUCTURE

It’s a known fact that everything rests on
your space’s infrastructure, which also
happens to represent the most expensive
component of your construction and
maintenance process.

First, to avoid certain infrastructure risks,
determine if you have proprietorship over
your systems in your lease.

For example, if you find out your HVAC unit
requires significant repairs or even a
replacement, are you responsible for that
cost, or is it your landlord? Figuring this step
out can save you $20,000 or more in
replacement costs and other related fees.

HAZARDOUS MATERIALS

A good rule of thumb to know is any
building older than 10-years is at risk for
having hazardous materials like asbestos,
lead, or mold.

These hazards can negatively affect your
tenants, workers, and clients and can
impact the level of your liability.

Planning your construction process around
removing hazardous materials is important. It’s best practice to work closely with inspection specialists to remove them so you’re aware of what you’ll be dealing with regarding the space you choose.

Contact Ferrandino & Son at (866) 571 – 4609 or email
sales@ferrandinoandson.com to talk more about how we can make your dreams a reality!

PARKING, ACCESSIBILITY & COMPLIANCE

Every business has to meet parking
requirements. Your newly leased space
may already have a parking lot that may
be near its threshold and may need
additions or upgrades.

In addition, accessibility requirements are
state-regulated, and each pertains to building codes for access ramps, elevators, and restroom plans. In all, your space must
modify to comply.

Landlord’s typically try to avoid paying for these upgrades, so it’s best to work with an
accessibility specialist about specific regulations to help spare your budget while keeping you informed since these codes are updated continuously.

ROOF CONDITION

Don’t sign on the dotted line until you
inspect your roof accurately. Poor roofing
conditions can be a pain to manage.

If your new franchise has a leaky roof, some
water damage, or even mold, repairing
these damages can cost tens of thousands
of dollars and disrupt your business flow.

MIND YOUR NEIGHBORS

Consider the relationship between your
space and those of your neighboring
tenants. Are you sharing the building,
parking lot, and walls?

Certain sensitivities can inevitably arise
over sounds, smell, and client
demographics, leading to costly
reconstruction, litigation, or worse,
relocation. Some questions to ask yourself
might be about the fit of your Brand next to
another.

Are you opening a spa next to a pet
daycare? How about a music school next to
a learning center?

Network and meet your neighbors first to
determine who’s in the neighborhood and
figure out the lease restrictions or terms
that might already be in place.

LEASE TERMS

The terms of your lease should include
some landlord-mandated construction
guidelines. However, some landlords will
present lengthy leases with strict criteria for any construction type that will increase
your budget.

For example, some agreements can
mandate union labor needs, particular
insurance, or even night construction work
to prevent daytime business disruptions.

Discuss in-depth with your landlord about
any contracted conditions and cost effects
before signing your lease.

Signing your new lease can be both an
exciting and nervous endeavor. It’s not
always easy to advocate for yourself during
the lease negotiation process.

Appointing a general contractor to help
steer your construction goals can save you
significant dollars. They can offer
consulting services on your lease
agreements and help determine anything
you’ve might have missed or overlooked to
help protect your investment.

For additional reading, please check out
these resources below:

Check out our latest blog HERE for more information!

Check out our latest case study HERE for more information!

CONNECT WITH US TODAY!

Did you purchase a franchise and require a contractor to develop your space?

Please email us at sales@ferrandinoandson.com to connect with one of our dedicated representatives to launch your franchise today!

866-571-4609

sales@ferrandinoandson.com