Terrace Up Franchising

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.