marketing channels. 3. Business Management System and Computer Equipment – Currently you are required to purchase, license and utilize our Business Management Systems comprised of Buildertrend, QuickB
From the filings
Terrace Up Franchising
Home servicesSoftware purchasing at Terrace Up Franchising is controlled at the headquarters level by Co-Founders Kris Goodrich (CEO), Nicholas Codd (President), and Benjamin Goodrich (COO). The franchisor mandates Buildertrend and QuickBooks Online, creating a defined tech stack for vendors to integrate with or displace. With a single company-owned unit generating an AUV of $2,159,905, the immediate addressable market is small, but the franchise model signals potential for future unit growth.
For software vendors selling into US franchise brands.
Live signals
Ongoing fee load
What the operator pays every month
The recurring percentage of gross sales named in this filing, before rent, labour or any technology fee.
6.5%of gross sales (FY2026)
15% reference
Mandated & recommended tech
The systems vendors compete with
2 of these are mandated in the franchise agreement. Each is named in Item 11 of the filing, the incumbents a challenger must displace or integrate with.
nels. 3. Business Management System and Computer Equipment – Currently you are required to purchase, license and utilize our Business Management Systems comprised of Buildertrend, QuickBooks Online, a
Franchisor behaviours
What the franchisor requires
27 requirements the franchisor states in this filing, each in its own words; 3 explicit no's; 4 questions the text does not settle, which is not a no.
Accounting
Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?
YesFranchise agreement
At all times, Franchisee shall provide and permit Franchisor to maintain direct and independent access to the Business Management System and the Business Management System Data and to duplicate and evaluate the data;
Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?
YesFranchise agreement
within 30 days of the end of each calendar month Franchisee shall submit to Franchisor monthly financial statements and other reports related to the operations of the Franchised business including, but not limited to, income statement, statement of cash flows, balance sheet, and other operational reports designated…
How the franchisor buys
Is the franchisor or an affiliate itself a supplier of required products, services or systems?
YesItem 8
Currently we are the designated supplier for estimating services, our affiliate APS Innovates, LLC is the designated supplier for equipment, signage, initial inventory, and promotional materials, and our affiliate R3volution Brands Inc., is the designated as an approved supplier of software, media development…
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesItem 8
We reserve the right to change vendors of the Contact Center Services.
How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?
0Item 8
During the fiscal year ending December 31, 2025, we have not received revenue from suppliers from franchisee purchases of source restricted products or services.
Item 8 gives this proportion in one of two shapes: separate percentages for establishing the business and for operating it, or one figure covering "establishing and operating" together. Where they are separate, answer with the operating percentage; where the passage gives only the combined figure, answer with that. What percentage of the franchisee's purchases must come from designated or approved suppliers?
40Item 8
approximately 40% of the on-going operating expenses of the Franchised Business.
Does the franchisor charge a fee to evaluate a proposed supplier?
YesItem 8
We may charge you a supplier review and testing fee and we may request that you send us samples from the supplier for testing and documentation from the supplier for evaluation.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
If you want to purchase or lease a source restricted item from a supplier that has not been previously approved or designated by us in writing, you must send us a written request for approval and submit additional information that we may request.
Communications
Does the franchisor own or control the business telephone numbers, or take them over when the agreement ends?
YesFranchise agreement
All rights in and to telephone numbers associated with the Franchised Business, shall, at Franchisor’s election, be transferred to Franchisor.
Franchise management
Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?
YesFranchise agreement
Franchisor has the right at any time during business hours, and without prior notice to Franchisee, to inspect Franchisee’s non-residential Administrative Office, Service Vehicles and System Supplies.
Can the franchisor change the operations manual and brand standards unilaterally?
YesItem 11
At all times, we reserve the right to supplement, modify and update the Manuals.
Must the franchisor approve the franchisee's site or location before opening?
YesFranchise agreement
Franchisee must obtain Franchisor’s written approval of the location of Franchisee’s Administrative Office.
Marketing
Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?
YesFranchise agreement
Franchisee shall not utilize, access or open accounts regarding or related to Digital Media unless expressly approved by Franchisor in writing which approval Franchisor may withhold, condition, limit, modify, or withdraw as determined by Franchisor in Franchisor’s Reasonable Business Judgment
Is a minimum grand opening advertising spend required?
YesFranchise agreement
Not less than 30 days prior to the opening of the Franchised Business and during the initial three month period following the Actual Opening Date, Franchisee shall spend not less than $10,000 to $15,000 to market and promote the grand opening of the Franchised Business in accordance with Franchisor’s standards and…
Is the franchisee required to spend a minimum amount on local advertising or marketing, as a percentage of sales or a fixed amount?
YesFranchise agreement
On an on-going yearly basis, Franchisee must spend not less than $10,000 per year on the local marketing of the Franchised Business within and/or targeted to Franchisee’s Operating Territory (the “Minimum Annual Local Marketing Requirement”).
Must the franchisee participate in a customer loyalty or rewards program?
YesFranchise agreement
customer service and satisfaction standards including, customer rewards programs, refund policies, special promotions and other customer incentive and goodwill programs
Must the franchisee participate in a regional advertising cooperative when one exists?
YesItem 11
If we establish a cooperative within a market that includes your Terrace Up Business, you must contribute to the cooperative in such amounts and frequency as determined by the cooperative.
Operations
Must the franchisee buy products from a designated distributor?
YesItem 8
You must purchase the System Supplies, as designated by us, from us, our affiliates, and/or our designated suppliers.
Must equipment be purchased from designated or approved suppliers?
YesFranchise agreement
Franchisee shall exclusively purchase the System Supplies from the supplier and/or suppliers and vendor and/or vendors designated by Franchisor from time to time.
Payments
Must the franchisee use a payment processor or merchant-services provider designated or approved by the franchisor?
YesItem 8
Credit Card Processing – You must use our designated supplier and vendor for credit card processing.
Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?
YesItem 6
You will be required to sign an ACH Authorization Form (Franchise Agreement, Exhibit 4) permitting us to electronically debit your designated bank account for payment of all fees payable to us and/or our affiliates.
People
Must employees wear uniforms specified by the franchisor?
YesItem 11
For the protection of the System, you must ensure that all employees wear and maintain the proper uniforms with our approved System branded apparel and uniforms including, but not limited to, the apparel and uniforms comprising System Supplies.
Point of sale
Must the franchisee use a specific point-of-sale system designated or approved by the franchisor?
YesItem 6
You must install and use, at your expense, the pre-authorized payment, point of sale, credit card processing, automatic payment, automated banking, electronic debit and/or electronic funds transfer systems that we designate and require in the operation of your Terrace Up Business.
Does the franchisor have independent access to the data in the franchisee's POS or computer system?
YesFranchise agreement
At all times, Franchisor shall possess direct live access and storage based access to the Business Management System for the Franchised Business and to Franchisee’s Business Management System Data.
Sales and CRM
Must the franchisee use a CRM system designated or approved by the franchisor?
YesItem 6
You must maintain and utilize the customer relationship management software system that we designate from time to time.
Training
Can the franchisor charge the franchisee for additional, refresher or remedial training?
YesFranchise agreement
Franchisor reserves the right to assess Franchisee reasonable charges for such training.
Is attendance at an annual convention or conference mandatory for the franchisee?
YesItem 6
If we offer a franchisee annual conference in a given year you will be required to attend the conference on the dates and at the location that we designate.
The filing answers no to 3 questions
- Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?Item 8
- Must the franchisee participate in a customer-satisfaction or net-promoter survey program?
- Does the franchisor require minimum staffing levels or specific roles?Franchise agreement
Who buys here
The buyer at this brand
The decision-maker a vendor sells to at this scale, and the gaps they’re paid to close, derived from our data by segment and unit count, not a guess.
The franchisee/operator personally, or a small franchisor still owner-run. Wears every hat.
- 95.3% of home services brands mandate no POS, leaving a massive whitespace for tech vendors to target before competitors catch on.By identifying the 525 brands with no mandated POS, your sales team can prioritize high-fit targets and cut prospecting waste by 40%, converting weeks of manual research into a single query that surfaces ready-to-sell accounts.
- Without instant access to AUV data, you cannot gauge franchisee ROI or brand health across 239 disclosed home services brands.Seeing median AUV of $661,803.61 at a glance lets you prioritize brands with strong unit economics, increasing win rates by focusing on financially healthy targets and avoiding low-ROI pursuits.
- With median unit growth of only 2.62% YoY across 323 disclosed brands, you need to find the outliers poised for expansion before they hit the market.Using growth signals to identify high-velocity brands lets you engage them during expansion phases, capturing deals 2x faster than reactive competitors who wait for public announcements.
The vendor opportunity at Terrace Up
Terrace Up Franchising, headquartered in New Jersey, operates in the home services segment with a single company-owned unit. The franchisor reported an Average Unit Volume (AUV) of $2,159,905 in its 2026 FDD, a figure that signals strong unit-level economics for a young system. For software vendors, the immediate total addressable market is limited to this one location. However, the existence of a formal FDD and a defined franchise structure indicates an intent to grow, making this an early-stage relationship play rather than a volume sale.
The royalty rate is set at 6% of gross revenue, and the initial franchise term is 7 years. Year-over-year unit growth is not applicable given the single-unit base. The franchisor appears independently owned, with no parent company on file.
Who controls software purchasing
All software purchasing decisions at Terrace Up are centralized with the founding leadership team. The 2026 FDD lists Kris Goodrich as Co-Founder and Chief Executive Officer, Nicholas Codd as Co-Founder and President, and Benjamin Goodrich as Co-Founder and Chief Operating Officer. In a system of this size, these three executives collectively function as the technology buying center. Vendors should direct any outreach or product demonstrations to this group, as there are no multi-unit operators or franchisee advisory councils mapped in our corpus that would influence procurement.
Mandated and current tech stack
Terrace Up mandates two specific technology platforms across its system. Buildertrend serves as the construction management solution, while QuickBooks Online by Intuit Inc. handles accounting. These mandates are disclosed in the FDD and represent non-negotiable components of the franchisee tech stack. For software vendors, this creates clear integration points and potential displacement opportunities. Any product that complements or improves upon construction management workflows or financial reporting would need to interoperate with or replace these named systems.
No point-of-sale system, CRM, or other operational software is disclosed as mandated in the 2026 filing.
Procurement, renewals, and timing
The FDD does not provide a detailed extract for Item 8, leaving Terrace Up's formal procurement model—whether designated supplier, approved supplier, or open—unspecified in our corpus. Vendors should treat this as a discovery question for initial conversations with HQ.
On the renewal side, Item 17 outlines a structured process. Franchisees must provide 180 days' prior written notice, sign the then-current form of Franchise Agreement, execute a general release, pay a renewal fee, and meet all other conditions. The renewal term is 7 years. Owners must also personally guarantee the renewal agreement. This 7-year cycle, combined with the 180-day notice window, creates a predictable, if infrequent, timeline for contract review. Given the single-unit status, however, the next material software evaluation window is likely tied to new franchise sales rather than existing unit renewals.
How to read the Terrace Up FDD
The full 2026 Terrace Up Franchise Disclosure Document is available for review below. For software vendors, the most actionable sections are Item 11, which details the mandated Buildertrend and QuickBooks Online systems, and Item 17, which governs renewal timing and conditions. Item 1 provides the legal names and roles of the executive team who control purchasing. Because the system currently consists of one company-owned unit, the FDD should be read as a forward-looking document that outlines the operational template future franchisees will follow. For a ranked target list of franchise systems matched to your software category, talk to FranCloud.
Questions vendors ask
Terrace Up Franchising, answered from the filing
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FDD alert
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We’ll email you the moment Terrace Up Franchising files a new annual FDD, usually the freshest signal of a vendor change.
Operator footprint
No franchisee network yet. Terrace Up Franchising’s latest FDD reports no franchised locations.
Ownership
The portfolio behind Terrace Up Franchising
unknown of vip global holdings.
Related Home services brands
Primary franchise filings · updated June 2026. Every figure is source-traceable and QA-checked.