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One Hour Heating & Air Conditioning

2015 Franchise 500
#144
At a Glance

Products & Services: Residential HVAC services/replacement

Number of Locations: 304

Total Investment: $74.1K - $541.3K

Founded: 1999

Began Franchising: 2003

About One Hour Heating & Air Conditioning

One Hour Heating & Air Conditioning is part of the Direct Energy family of brands, which also includes Benjamin Franklin Plumbing and Mister Sparky electric. Franchisees offer heating and cooling repairs, replacements, maintenance, indoor air quality work, duct work and thermostats. Franchisees offer protection plans through the Home Comfort Collection and leasing.

Franchise Units

Year U.S. Canadian International Company Owned
2015 261 5 0 38
2014 268 5 0 38
2013 271 1 0 49
2012 239 0 0 53
2011 223 5 0 48
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $74,105 - $541,300
Franchise Fee: $43,000 - $150,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $100,000
Operations
17% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 - 12. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters. Available at franchisee's location. At regional & national training sites : ongoing.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #144 (2015), #150 (2014), #117 (2011),
Fastest-Growing: #93 (2014), #100 (2011),
Low-Cost: #22 (2011),