When you convert your business to a Conair franchise, there are a number of HVAC franchising costs you should be aware of. We strive to make the franchising process as simple as possible for our franchisees, and to that end we’re breaking down a few of the most significant investment costs to keep in mind. Below is a quick summary of these costs – don’t hesitate to contact us more to learn about our HVAC franchising investment costs in more detail.
A Strong Financial Candidate
Conair wants to ensure that our potential franchisees are able to comfortably manage the HVAC franchising costs associated with converting their HVAC business to a Conair. That’s why we look for candidates whose HVAC businesses generate at least $500,000 per year in gross revenue. We’ve estimated that franchisees who are generating this level of business already will be easily able to support and nurture their converted Conair franchise during the early months while they are still establishing a strong customer base.
What to Expect from Your Investment
Conair has been in business since 1963, and in that time we’ve learned what it takes to run an efficient and successful HVAC company. Potential franchisees can look forward to taking advantage of our strong network of existing customers, the strategic partnerships we’ve developed with vendors, landlords, and more, and implementing our highly-efficient business model. Best of all, Conair franchisees have the opportunity to purchase stock in our company!
Estimated Initial Investment – We Can Help Finance
A Conair franchise partner can expect to pay between $83,250-$240,500 when they convert their existing HVAC business to a Conair. The average estimated initial investment is $121,125 depending on your location, what inventory you’ll need, what kind of vehicle you’ll require, and so forth. The estimated total investment is comprehensive, and covers just about all of the HVAC franchising costs you’ll need to get your business up and running, including:
- Leasehold improvements
- Computer Systems
- Signage
- Professional fees
- Insurance
- …and more!
Ongoing Royalties
As a Conair franchisee, we will expect you to pay ongoing royalties, which are part of the committmentexpense. These small payments help to cover the costs associated with expanding your business, including the training and support you’ll receive, the access to our strategic partnerships you’ll enjoy, the use of the Conair brand name, and much more. We think you’ll find that the resources we provide you to help you efficiently grow your HVAC business are worth more than the price of ongoing royalties.
These are just a few key considerations to keep in mind regarding the HVAC franchising costs associated with converting your business to a Conair. Contact us today to learn more!
