ADA, Okla., Oct. 1, 2013 (GLOBE NEWSWIRE) -- As housing and homebuilding markets surge into full revival mode, new and existing homeowners often fail to inspect arguably the most important part of their house, the foundation. Foundation damage can end up costing homeowners and builders more than 60 percent of the entire value of the home. Enter Ram Jack.
The Oklahoma-based company has been paving the way for the foundation repair industry since its inception in 1968. Four family generations, more than 20 patented products, and 54 locations later, Ram Jack is the only franchise-modeled foundation repair company in the country. Currently operating in 35 states as well as Canada, Costa Rica, Panama, and Puerto Rico, Ram Jack is looking to continue its nationwide growth through franchise expansion.
"Doing things the right way and offering our customers products and services that are not anything less or more than they need, is what we stand for – this principle has gotten us to where we are today," said Randon Gregory, Director Of Franchise Development. "I'd say foundation repair is probably not top-of-mind when it comes to franchising, but our franchisees have shown that it can be a rewarding and fruitful endeavor when done the right way."
Innovation and top-quality engineering has been an integral part of Ram Jack's success as a company and franchise. Prior to Ram Jack, products of this nature faced close to a 100 percent failure rate. Ram Jack has evolved and revolutionized its products to the point that they are able to offer a life-time warranty with a less than 1 percent failure rate.
Additionally, its trusted methods and products have been called upon to assist more than the average homeowner. Ram Jack recently completed work installing helical foundations for the largest solar collector field in the world, located in Gila Bend, Arizona. The field is expected to power more than 70,000 homes. They've also worked on numerous commercial structures, bridges, and seawalls.
With a low investment range of between $120,000-240,000 and an initial franchise fee of $25,000, Ram Jack is currently seeking franchisees with a strong business sense that have a construction or engineering background.
ABOUT RAM JACK:
Ram Jack® is a national foundation repair specialist based in Ada, Okla. and the only such franchise of its kind. The company was founded in 1968 and has since grown to include more than 50 locations, including 22 franchises, 29 dealerships, and three company owned locations. Ram jack operates in 35 states, Canada, Costa Rica, Panama, and Puerto Rico. With over 20 patents and multiple pending, Ram Jack has revolutionized the foundation repair industry with products that are meant to last and give homeowners the assurance that they have received no more and no less than they need.