#160

Initial Investment

LOW: $77,055
HIGH: $552,300

Change in Units

-1.6% -5 UNITS (1 Year)
-4.9% -15 UNITS (3 Years)

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Company Profile

Founded

1999

Franchising Since

2003 (13 Years)

Corporate Address

50 Central Ave., #920 Sarasota, FL 34236

CEO

Mark Baker

Parent Company

Direct Energy

About One Hour Heating & Air Conditioning

One Hour Heating & Air Conditioning is part of the Direct Energy family of brands, which also includes Benjamin Franklin Plumbing and Mister Sparky electric. Franchisees offer heating and cooling repairs, replacements, maintenance, indoor air quality work, duct work and thermostats. Franchisees offer protection plans through the Home Comfort Collection and leasing.

Financials

Financial Requirements

Initial Investment

$77,055 - $552,300

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$43,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3%

Financing Options

One Hour Heating & Air Conditioning offers in-house financing to cover the following: franchise fee

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

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 117

Lowest Rank: 367

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: up to 10 days

Training at headquarters: 4 days

Additional Training: At regional & national training sites

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 4 - 12

Related Franchises

Related Articles

Why You Should Buy a Franchise Instead of Starting Your Own

Why You Should Buy a Franchise Instead of Starting Your Own

Hoping to be your own boss? One franchise expert outlines the plus side of buying a franchise
Rick Grossmann
The 10 Hottest Franchise Business Categories

The 10 Hottest Franchise Business Categories

Each of these companies has an unquenched capacity for growth.
Tracy Stapp Herold
To Franchise or Not to Franchise: How to Decide.

To Franchise or Not to Franchise: How to Decide.

Franchising can be a great model, but it's not the only option.
This Holiday Chore Helped A Window-Washing Business Grow

This Holiday Chore Helped A Window-Washing Business Grow

They turned a chore into a business.
172 New Franchise Companies Hoping to be the Next Big Thing

172 New Franchise Companies Hoping to be the Next Big Thing

Fresh opportunities that have emerged in just the past three years.
Tracy Stapp Herold

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 29th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012