- 2024 Franchise 500 Rank
#282 Ranked #455 last year
- Initial investment
$129K - $224K
- Units as of 2023
425 11.0% over 3 years
One Hour Heating & Air Conditioning was founded in 1999. It then became a fully operational franchise in 2003. One Hour Heating & Air Conditioning has hundreds of locations throughout the United States. The company provides maintenance, replacement, ductwork, and, as the name suggests, heating and cooling repair services.
One Hour Heating & Air Conditioning is a part of a prominent home service provider called Authority Brands. The range of HVAC items that are maintained by this company include things like air conditioners, heaters, pilot lights, motors, circuit boards, and control valves.
Why You May Want to Start a One Hour Heating & Air Conditioning Franchise
One Hour Heating & Air Conditioning may help you grow or expand your business, even if you have no industry skills or expertise. For heating, ventilation, and air conditioning service providers, this franchise might improve the quality of services you can provide while maximizing growth. It may even provide you with services that make starting or growing your own business much easier.
One Hour Heating & Air Conditioning may also provide outlines for customizable advertising. Franchisees are typically able to speak with marketing field officers about any challenges they may be facing. The company also has a one-hour model that contains promotions and provides you with management software.
What Might Make a One Hour Heating & Air Conditioning Franchise a Good Choice?
Every home, office, or building will probably need HVAC services at some point. That means that One Hour Heating & Air Conditioning services are likely to be in demand. Services are usually year-round, which may allow for a fairly steady stream of clientele.
If you wish, One Hour Heating & Air Conditioning offers an option for franchisees to operate as absentee owners. This may allow you to spend more time with your friends and family, pursue other business ventures, or simply have more time to yourself as you run your One Hour Heating & Air Conditioning franchise.
How to Open a One Hour Heating & Air Conditioning Franchise
To be part of the One Hour Heating & Air Conditioning team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should ensure that you are aware of the presence of ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and ask questions directed to the One Hour Heating & Air Conditioning team. You may want to ask how services differ in varying climates.
Suppose your net worth and available liquid capital match the brand's requirements. In that case, you may qualify to open a One Hour Heating & Air Conditioning franchise, and you can get started with an initial investment.
After they make sure that you meet all the requirements, you may be able to successfully register to open a One Hour Heating & Air Conditioning franchise.
About One Hour Heating & Air Conditioning
|HVAC/Duct-Cleaning Services, Home Repairs/Handyman Services, Miscellaneous Home-Improvement Businesses, Miscellaneous Maintenance Businesses
|Authority Brands LLC
|Traci Fournier, VP of Operations & Brand President
7120 Samuel Morse Dr., #300
Columbia, MD 21046
|Facebook, Twitter, LinkedIn, Instagram, YouTube
|2003 (21 years)
|# of employees at HQ
This company is offering new franchises throughout the US.
|# of Units
|425 (as of 2023)
Information for Franchisees
Here's what you need to know if you're interested in opening a One Hour Heating & Air Conditioning 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
|$128,954 - $223,738
Net Worth Requirement
|30% off franchise fee
Ad Royalty Fee
Term of Agreement
|Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|One Hour Heating & Air Conditioning offers in-house financing to cover the following: franchise fee
|Third Party Financing
|One Hour Heating & Air Conditioning 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.
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?
Can this franchise be run from home/mobile unit?
Can this franchise be run part time?
|# of employees required to run
Are exclusive territories available?
Franchise 500 Ranking History
Compare where One Hour Heating & Air Conditioning landed on this year's Franchise 500 Ranking versus previous years.
Curious to know where One Hour Heating & Air Conditioning ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse franchises that are similar to One Hour Heating & Air Conditioning.
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