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2021 Franchise 500 Rank
#472 Not ranked last year
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Initial investment
$74K - $180K
Units as of 2021
135 2.3% over 3 years

Company Overview

About Hoodz

Industry
Maintenance
Founded
2008
Parent Company
Belfor Franchise Group
Leadership
Nathan Willard, President

Franchising Overview

Franchising Since
2009 (12 years)
# of employees at HQ
50
Where seeking

This company is seeking new franchisees worldwide.

This company is seeking new franchisees in the following international regions: Europe (Western)

# of Units
135 (as of 2021)

Franchisor Information

Corporate Address
731 Fairfield
Ann Arbor, MI 48108

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Hoodz 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
$59,900
Initial Investment
$74,221 - $179,840
Net Worth Requirement
$150,000 - $200,000
Cash Requirement
$100,000 - $150,000
Veteran Incentives
20% off franchise fee
Royalty Fee
8-10%
Ad Royalty Fee
to 1%
Term of Agreement
10 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.

In-House Financing
Hoodz offers in-house financing to cover the following: franchise fee, equipment
Third Party Financing
Hoodz has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

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
10 hours
Classroom Training
44 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
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?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Hoodz landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Hoodz ranked on other franchise lists? Find out below.

Ranked #472

Franchise 500 Ranking

Ranked #149

Top Franchises for Veterans

Ranked #79

Top Franchises for Less Than $150,000

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021