Terrace Up

Terrace Up

Information based on 2024 FDD

Other · Other

Investment min
$246K
Total: $246K–$368K
Avg gross revenue
$1M
Unit-level, 2024
Franchise fee
$60K
Per current disclosure
Royalty
6% - 7%
Locations
1
Franchising since 2023

Description

What is Terrace Up?

Terrace Up represents an innovative entry into the rapidly evolving outdoor living space market. As a fresh franchise concept launched in 2023, Terrace Up specializes in transforming ordinary outdoor areas into extraordinary living spaces that extend the comfort of home beyond four walls.

This emerging franchise opportunity caters to the growing demand for sophisticated outdoor environments, offering comprehensive design, installation, and maintenance services for residential and commercial properties. Their unique approach combines modern aesthetics with functional design, creating customized outdoor spaces that reflect each client's lifestyle and preferences.

What sets Terrace Up apart is their holistic approach to outdoor space transformation. From initial consultation to final installation, franchisees work closely with clients to create personalized outdoor sanctuaries that may include custom patios, pergolas, outdoor kitchens, fire features, and sophisticated lighting systems. Their innovative design solutions incorporate sustainable materials and smart technology integration, addressing the contemporary market's demand for eco-friendly and tech-savvy outdoor living spaces.

As a Terrace Up franchisee, you'll benefit from comprehensive training programs, proprietary design software, and ongoing operational support. The business model is structured to capitalize on the booming outdoor living industry, which has seen substantial growth as homeowners increasingly prioritize creating versatile outdoor spaces for entertainment, relaxation, and remote work.

This ground-floor opportunity allows entrepreneurs to establish themselves in their local markets as premium outdoor living space specialists, backed by a forward-thinking brand that's positioned for growth in the dynamic home improvement sector.
  • Above-average revenue performance in sub-sector
  • Lower investment threshold than competitors
  • Strong revenue-to-investment ratio potential
  • Prime Southeast market positioning

Location Analysis

Where Terrace Up wins

Terrace Up represents an emerging franchise opportunity in its earliest stages of development, with limited corporate presence and initial franchise development currently operating. As a newly established concept from 2023, the franchise is still defining its geographic footprint and market presence strategy. This early-stage positioning presents both opportunities and challenges for potential franchisees. The emerging nature of the concept means first-mover advantages in many markets, allowing franchisees to secure prime territories and establish strong market presence before competition intensifies. However, this also means limited historical performance data and proven market validation across different regions. Prospective franchisees should focus on markets with strong demographic alignment for outdoor living and home improvement services, particularly in regions with favorable climate conditions and higher median household incomes. Ideal locations should target affluent suburban areas with high homeownership rates and active lifestyle demographics. Key success factors will likely include proximity to upscale residential developments, home improvement centers, and design districts. While the brand's limited track record requires careful due diligence, early franchisees have the unique opportunity to shape the brand's growth and establish strong market positions in their chosen territories. Market analysis should focus on areas with growing populations, strong housing markets, and demonstrated demand for outdoor living solutions.
Total US locations
1
Franchise units
N/A
Corporate locations
1
Avg. sq. footage
N/A
Territory check

Is your territory available?

We'll take you through a few quick questions, then Terrace Up confirms availability directly.

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Availability

Financial Analysis

The numbers behind Terrace Up

Avg gross revenue$1,064,614
Investment range$245,900 – $368,100
Investment midpoint$307,000
Brand fund0.5%
Royalty6% - 7%
Franchise fee$59,500
Min. net worth
Min. liquid capital
Terrace Up requires an investment of $245,900-$368,100, positioning it as a mid-tier franchise opportunity that sits below the sub-sector average range of $319,581-$552,800. This lower entry point may appeal to first-time franchisees seeking accessible investment thresholds, though prospective investors should secure adequate working capital beyond the initial investment for operational sustainability.

The franchise operates in a diverse "Other" category, making direct market analysis challenging without specific sector definition. However, the reported gross revenue of $1,064,614 substantially exceeds the sub-sector average of $400,057, suggesting strong unit-level performance potential, though this represents limited data from a single-unit system.

As a newly established franchise (2023) with only one operating unit, Terrace Up presents both opportunity and risk considerations. The system lacks operational track record and proven scalability, requiring investors to evaluate franchisor experience and business model viability carefully. Early-stage franchises often provide greater territory availability and closer franchisor relationships but carry inherent development risks.

Ideal investors should possess sufficient liquid capital exceeding the maximum investment requirement, entrepreneurial experience, and risk tolerance for emerging franchise systems. The lower investment threshold makes it accessible to owner-operators, though the nascent system requires investors comfortable with limited brand recognition and evolving operational procedures. Prospective franchisees must thoroughly review the FDD, validate the business model, and assess local market demand before committing capital to this developing franchise opportunity.", "brand_bragging_rights": [ "Lower investment than sector average", "Strong single-unit revenue performance", "Early market entry opportunities", "Emerging brand with growth potential", "Accessible mid-tier investment threshold", "Fresh franchise concept launch
Did you know? Did you know that starting a Terrace Up franchise - the innovative rooftop and outdoor dining concept that's revolutionizing how restaurants maximize their space and revenue - requires a total investment between $245,900 and $368,100, which includes the $59,500 franchise fee plus all equipment, buildout costs, and working capital needed to transform any underutilized outdoor area into a profitable dining destination?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$246K–$368K
Most common
$245,900
Minimum
$307,000
Midpoint
$368,100
Maximum

Per FDD Item 7, total initial investment ranges from $245,900 to $368,100. The midpoint $307,000 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$2M$2M$1M$800K$400KN/A
$1M
$1M
2022
2023
2024
Avg
$832K
YOY change (2023 -> 2024)
-26%

According to Item 19 of the Franchise Disclosure Document, Terrace Up has an average gross revenue of $1M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

0% YoY
211100
2020
2021
2022
2023
2024
1 units open as of 2024 FDD

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Terrace Up's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Terrace Up franchise typically ranges between $245,900.00 and $368,100.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Terrace Up
Terrace Up
$1M avg revenue · 0+ US franchises

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