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Promoted Opportunities

#30

Initial Investment

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

Change in Units

+14.7% +45 UNITS (1 Year)
+9.3% +30 UNITS (3 Years)

Company Profile

Founded

1999

Franchising Since

2003 (14 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

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

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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: December 14th, 2016

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