
Astrawatt Solar
Solar system installation- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$90K - $159K
- Units as of 2022
-
4 100.0% over 3 years
Company Overview
About Astrawatt Solar
- Industry
- Home Improvement
- Related Categories
- Miscellaneous Home-Improvement Businesses
- Founded
- 2016
- Parent Company
- Astrawatt Holdings LLC
- Leadership
- Keith Murphy, Founder & CEO
Franchising Overview
- Franchising Since
- 2022 (0 years)
- # of employees at HQ
- 60
- Where seeking
-
This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Massachusetts, Missouri, Mississippi, Montana, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Vermont, West Virginia, Wyoming
- # of Units
- 4 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Astrawatt Solar franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $45,000
- Initial Investment
- $89,850 - $158,750
- Royalty Fee
- 5%
- Ad Royalty Fee
- 1-2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 24 hours
- Classroom Training
- 24-80 hours
- Additional Training
- Computer-based training
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineOnline SupportSecurity & Safety ProceduresField OperationsProprietary Software
- Marketing Support
-
Co-op AdvertisingAd TemplatesSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- No
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