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Aire Serv Heating & Air Conditioning Inc.

Heating, ventilation & air conditioning services

Background

Founded: 1993 Franchising since: 1993
1020 N. University Parks Dr.
Waco, TX 76707
Phone:
(800)583-2662


Franchisor is a publicly-held company with 110 employee(s); 30 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 169 4 13 0
2008 157 7 16 0
2007 113 1 13 0
2006 99 0 1 0
2005 82 0 10 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 100,000 population

Costs and Fees

Total investment: $62.3K-181.9K
Franchise fee: $24K
Ongoing royalty fee: 4-7%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $150K+
Cash liquidity requirement: $35K
Business Experience:
  • Marketing skills

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 5 - 6
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 10 days
  • At franchisee's location: 3 days
  • Regional training meetings : 2 days (4 per year)

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media

Rankings

Franchise 500® rank:
#143 (2009); #245 (2008); #250 (2007); #376 (2006); #436 (2005);

Ranked #1 in category in:
2009;

Fastest-Growing Franchises:
#61 (2009);

Low-Cost Franchises:
#31 (2009); #53 (2008); #61 (2007); #123 (2005);

Top Home Based Franchises:
#35 (2009); #62 (2008); #67 (2007);

America's Top Global Franchises:
#111 (2009); #200 (2005);


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