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Solar Universe

2014 Franchise 500
#394
At a Glance

Products & Services: Solar-panel sales and installation

Number of Locations: 46

Total Investment: $103.5K - $272.5K

Founded: 2008

Began Franchising: 2008

About Solar Universe

In 2008, Quiznos franchisee Joe Bono sold his sandwich shops and started Solar Universe, a solar panel installation franchise headquartered in Livermore, California. Franchisees help residential and commercial clients understand and navigate state and federal rebates and tax credits, as well as utility company regulations, before installing solar panels.

Franchise Units

Year U.S. Canadian International Company Owned
2014 45 0 0 1
2013 40 0 0 1
2012 35 0 0 1
2011 24 0 0 1
2010 17 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $103,500 - $272,500
Franchise Fee: $25,000 - $75,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: Term of agreement renewable
Veteran Incentives: $5,000 marketing credit
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $150,000 - $300,000

Franchise Ranking History

Franchise 500®: #394 (2014), #323 (2013), #412 (2012),
Top New: #17 (2013), #43 (2012),