Benjamin Franklin Plumbing

Benjamin Franklin Plumbing

#165

Initial Investment

LOW: $81,755
HIGH: $414,050

Change in Units

-1.9% -5 UNITS (1 Year)
-0.4% -1 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

2000

Franchising Since

2001 (15 Years)

Corporate Address

50 Central Ave., #920 Sarasota, FL 34236

CEO

Mark Baker

Parent Company

Direct Energy

About Benjamin Franklin Plumbing

Benjamin Franklin Plumbing is part of the Direct Energy family of brands, which also franchises One Hour Heating & Air Conditioning and Mister Sparky. Franchisees offer plumbing services, including installation, repairs, replacements and 24-hour emergency services. The company also offers plumbing protection plans through the Home Comfort Collection.

Financials

Financial Requirements

Initial Investment

$81,755 - $414,050

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$43,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Financing Options

Benjamin Franklin Plumbing offers in-house financing to cover the following: franchise fee

Benjamin Franklin Plumbing has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


10% off the initial franchise fee for all honorably discharged veterans of American and Canadian armed forces

Franchise 500® Rank History

Highest Rank: 130

Lowest Rank: 454

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and Canada.

Operations & Franchisor Support

Additional Training: At regional & national training sites

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 4 - 12

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 1st, 2015

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