Aire Serv Franchise Cost: A Comprehensive Guide
Introduction
Aire Serv is a leading HVAC franchise with over 200 locations across North America. The company offers a range of heating, cooling, and indoor air quality services to residential and commercial customers. Aire Serv is a part of the Neighborly family of home service brands, which also includes Mr. Handyman, Molly Maid, and Glass Doctor.
How Much Does an Aire Serv Franchise Cost?
The total investment required to open an Aire Serv franchise can vary depending on a number of factors, including the size and location of the territory, the type of equipment needed, and the cost of labor. However, the following is a general breakdown of the costs involved:
- Franchise fee: $39,500
- Initial investment: $100,000 – $250,000
- Ongoing royalties: 6% of gross sales
- Marketing fees: 2% of gross sales
What’s Included in the Franchise Fee?
The franchise fee covers the cost of training, marketing, and support that Aire Serv provides to its franchisees. This includes:
- Training: Aire Serv provides comprehensive training to all of its franchisees, covering everything from technical skills to business management.
- Marketing: Aire Serv provides a variety of marketing materials and support to its franchisees, including website development, social media marketing, and print advertising.
- Support: Aire Serv provides ongoing support to its franchisees, including technical support, customer service support, and business coaching.
What’s Not Included in the Franchise Fee?
The franchise fee does not cover the cost of equipment, inventory, or labor. Franchisees are responsible for purchasing their own equipment and inventory, and for hiring and paying their own employees.
Financing Options
Aire Serv offers a variety of financing options to help franchisees cover the cost of their investment. These options include:
- SBA loans: Aire Serv is an SBA-approved lender, which means that franchisees can qualify for low-interest loans from the Small Business Administration.
- Private loans: Aire Serv has partnered with a number of private lenders to offer franchisees competitive loan rates.
- Personal savings: Franchisees can also use their own personal savings to cover the cost of their investment.
Is an Aire Serv Franchise Right for You?
An Aire Serv franchise can be a great opportunity for entrepreneurs who are passionate about the HVAC industry and who are looking for a proven business model. However, it is important to carefully consider the costs involved before making a decision. If you are not prepared to make a significant financial investment, then an Aire Serv franchise may not be the right choice for you.
Conclusion
Aire Serv is a leading HVAC franchise with a proven track record of success. The company offers a range of heating, cooling, and indoor air quality services to residential and commercial customers. The total investment required to open an Aire Serv franchise can vary depending on a number of factors, but the franchise fee is $39,500 and the initial investment is $100,000 – $250,000. Aire Serv offers a variety of financing options to help franchisees cover the cost of their investment. If you are passionate about the HVAC industry and you are looking for a proven business model, then an Aire Serv franchise may be the right choice for you.
