- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$82K - $218K
- Units as of 2023
-
27 92.9% over 3 years
Company Overview
About Modern Purair
Industry | Maintenance |
---|---|
Related Categories | HVAC/Duct-Cleaning Services, Miscellaneous Maintenance Businesses, Miscellaneous Services, Cleaning/Restoration |
Founded | 1986 |
Parent Company | Modern Purair Inc. |
Leadership | Neil Grant, Director of Franchise Development |
Corporate Address |
201-1475 Ellis St. Kelowna, BC V1Y2A3 |
Social | Facebook, Twitter, LinkedIn, Instagram |
Business Overview
Franchising Since | 2007 (17 years) |
---|---|
# of employees at HQ | 16 |
Where seeking |
This company is offering new franchises in the following international regions: Canada |
# of Units | 27 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Modern Purair 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
|
$40,000 |
---|---|
Initial Investment
|
$82,000 - $218,400 |
Net Worth Requirement
|
$100,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
7% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Modern Purair has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
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 | 50 hours |
---|---|
Classroom Training | 41.5 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
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
# of employees required to run | 1 |
Are exclusive territories available?
|
Yes |
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