AIRE SERV Franchise Startup Cost, Profit & Opportunities
This franchise opportunity specializes in the provision of HVAC (Heating, Ventilation and Air Conditioning) services to its clients. With the Dwyer Group as its parent company, and its corporate headquarters located in Waco, Texas, Aire Serv Heating and Air Conditioning was founded in 1993 and opened its franchising arm the same year it was founded. Steve Truett is its current CEO.
Entrepreneurs and prospective franchisees interested in the provision of heating, ventilation and air conditioning services will be impressed by the Aire Serv Heating and Air Conditioning business reputation.
This is so because Aire Serv has a global presence, with presence in over 175 locations across the world. This presents enormous investment opportunities to prospective franchisees as they can own a global brand with a track record of excellence.
Aire Serve Heating and Air Conditioning Franchise Costs
The cost implications of owning an Aire Serv Heating and Air Conditioning franchise include an initial investment sum ranging from $82,600 to $206,400. Also, prospective franchisees are expected to meet a liquid cash requirement within the range of $45,000 to $50,000. Aire Serv Heating and Air Conditioning also has a net-worth requirement starting from $82,600 to $200,000.
These make up the bulk of the franchise costs to be incurred by prospective franchisees. Also, to own this franchise opportunity, these fees are mandatory to all interested franchise candidates.
Aire Serv Heating and Air Conditioning Franchise Fee
All prospective franchisees are expected to pay a franchise fee in the sum of $35,000. However, under Aire Serv Heating and Air Conditioning franchise’s financing options, the franchise fee is covered under both its in-house financing arrangement, and under the financing provided by third party sources under an agreement with the franchisor.
Under Aire Serv Heating and Air Conditioning franchise’s veteran incentives program, there is a 15% discount off the franchise fee for all US veterans.
Aire Serv Heating and Air Conditioning Franchise Ongoing Costs
Under its ongoing costs, all its franchisees are to pay the following ongoing fees; an ongoing royalty fee of between 5 to 7% and also an advert royalty fee of 2%. These fees are mandatory to all its franchisees.
These ongoing costs may vary according to the franchise size, as bigger sized franchises are required to have higher ongoing costs. Details on this are available in the franchisors Franchise Disclosure Document (FDD).
Aire Serv Heating and Air Conditioning Franchise Training and Support
This franchisor conducts mandatory training sessions for all its franchisees, especially new franchisees plus their managers. This is to ensure that the franchise is well run even in the absence of the franchisee. The training session typically lasts a period of 2 weeks at its corporate headquarters. This is in addition to an ongoing on-site training all aimed at ensuring that adequate knowledge on running its franchise opportunity is passed across efficiently. Training does not end here alone, as there are trainings organized at regional levels per year.
The franchisor provides support in two forms; a marketing support and other ongoing support that covers a wide variety of key areas. Under its marketing support, adverts in both national and regional media are included.
This is in addition to cooperative advertising. For the ongoing support, it covers the provision of internet services, a toll free line, and a grand opening ceremony; others include newsletter releases, periodic meetings and purchasing cooperatives.
Aire Serv Heating and Air Conditioning Franchise Application and Terms of Agreement
Under the franchisors terms of agreement/renewal arrangement, the franchisee is expected to abide by all the terms guiding the business contract between the franchisor and the franchisee.
These rules are binding on both parties, and in the event where these rules are violated, disputes may arise, and may even result in legal proceedings. Aire Serv’s terms of agreement/renewal is not currently available, but will be disclosed during the franchise application process.
However, these terms of agreement are put in place mainly to guide or chart the way to meaningful growth. The terms of agreement governs the renewal agreement. This is found in the Franchise Disclosure Document supplied to the franchisee by the franchisor. Renewal of the franchise contract rests solely with the franchisor.
How to Start an Aire Serv Heating and Air Conditioning Franchise?
To own an Aire Serv Heating and Air Conditioning franchise, there are vital steps to take to ensure a stress free ownership process. These include first visiting the franchisors web address on https://franchise.aireserv.com/ this franchise section contains a detailed application procedure found in the “start” section.
By clicking on the “see how we can help” section, unique needs and investment choices are addressed. Also, the application application process is unveiled in an easy to understand and follow format.
An alternative is clicking on the “how to get started” button for a seamless and easy application procedure. Aire Serv heating and Air Conditioning franchise has an easy to follow ownership model which consists of 4 steps, namely;” speak with a franchise developer; visit corporate headquarters; only invest if it’s right and prepare for your grand opening.”
This article has focused on the Aire Serv and Air Conditioning franchise with the sole aim of providing the much needed information for interested franchise candidates in search of heating, ventilation and air conditioning franchise opportunities. It is believed with the information made available here; prospective franchisees will be able to make informed investment choices.
