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Entrepreneur: Start & Grow Your Business

1st Propane Franchising Inc.

Bulk propane distribution

Background

Founded: 1990 Franchising since: 1998
Founded in 1990, Rancho Murrieta, California-based 1st Propane delivers propane to homes and businesses for use in space heating, water heating, cooking, clothes drying and fireplaces.
14670 Cantova Wy., #208
Rancho Murieta, California 95683
Phone:
(877)977-6726


Franchisor has 4 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 76 0 0 1
2006 7 0 0 1
2005 10 0 0 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

Exclusive territories available.
Territory size: 20- to 50-mile radius

Costs and Fees

Total investment: $183.5K-450.5K
Franchise fee: $30K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


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

Third-party financing source(s): banks & equipment leasing

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience
  • Marketing skills
  • Strong organizational skills

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 1 - 5
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 3 weeks

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

Marketing Support
  • Ad slicks

Other marketing support
  • Planning & strategy assistance