- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$90K - $159K
- Units as of 2023
-
12 300.0% over 3 years
Company Overview
About Astrawatt Solar
Industry | Home Improvement |
---|---|
Related Categories | Miscellaneous Home-Improvement Businesses |
Founded | 2016 |
Parent Company | Astrawatt Franchises LLC |
Leadership | Keith Murphy, Founder & CEO |
Corporate Address |
3525 Roanoke Rd., #110 Kansas City, MO 64111 |
Social | Facebook, Twitter, LinkedIn, Instagram |
Business Overview
Franchising Since | 2022 (2 years) |
---|---|
# of employees at HQ | 35 |
Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, Mississippi, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
# of Units | 12 (as of 2023) |
|
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 |
Net Worth Requirement
|
$75,000 |
Cash Requirement
|
$60,000 - $600,000 |
Royalty Fee
|
5% |
Ad Royalty Fee
|
1% |
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 | 200 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty 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?
|
Yes |
Additional Rankings
Curious to know where Astrawatt Solar ranked on other franchise lists? Find out below.
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