Investment Information
How Much Does Opening a One Hour Heating & Air Conditioning Franchise Cost?
At One Hour Heating & Air Conditioning, we’re proud to provide a low cost of entry to current HVAC company owners as well as entrepreneurs looking to start their first HAVC business. There are many benefits of being a franchise owner like having access to the resources, tools, and support exactly when you need them in order to provide competitive HVAC services in your area and make smart decisions about your own business growth. Converting an existing HVAC service company has an investment between $73,992 to $188,476* while starting a location from scratch has an investment of $130,392 to $274,076*.
One of the best parts about opening a One Hour Heating & Air Conditioning location is how easy we make it to start working towards a return on your investment. Many new franchise owners can start helping their community receive quality HVAC services within just 90 days from signing your agreement.
We’re ready to work with you to get you started the right way, regardless of how much experience you have in the HVAC industry!
We’re ready to help you learn more about investment options with One Hour Heating & Air Conditioning when you call (888) 718-7375 or fill out our simple online form.
Who Qualifies to Join One Hour Heating & Air Conditioning?
Typically, owners of current HVAC companies are the best fit for starting a One Hour franchise location. To make the costs associated with converting your business easier to manage, we’re ready to help you find financial assistance. Additionally, we offer a large discount off the franchise fee for HVAC service company owners looking to convert their business to a One Hour franchise.
While existing businesses are a great way to join One Hour, we’re more than ready to work with a first-time business owner who is looking to start an HVAC service company. We’re ready to have a discussion with you to help you decide if we’re a fit for you and vice versa. If we’re a fit for each other, we’re ready to guide you toward owning a successful business as soon as possible!
Franchise Fee*
Every new One Hour location has a franchise fee associated with it:
- $43,000 for a new territory of up to 100k in population
- $0 due up front for conversions
Investment will be deferred for 5 years. See Item 5 and Item 7 of the Franchise Disclosure Document
Ongoing Fees*
Royalty Fee for a Start-Up Franchise
Up to 6% of gross revenue or $1,500 per month, depending on which is greater.
Brand Fund
Brand Fee is dependent on your Gross Revenue. See Item 6 of the current FDD for additional insight. This fee contributes to the development and recognition of the One Hour brand.
Local Marketing Spend
At least 8% of gross revenue
Discounts for Veterans
We’re proud members of the International Franchise Association (“IFA”) and participate in the IFA’s VetFran® Program. With VetFran, we reduce the total of the Franchise Fee and Territory Fee by 30% for all honorably discharged veterans of American and Canadian armed forces. This discount is for the first franchise only.
Diversification Discount for Women & Minorities
We’re proud members of the International Franchise Association's (“IFA”) DiversityFran® Program, which provides a reduced franchise fee of $5,000 for minority owned and women-owned businesses. To qualify for the Diversity Discount, the franchised business must be at least 51% owned by a woman or minority. Discounts may not be combined. This discount is for the first franchise only.
Authority Brands uses the power of the franchise system to transform the home services industry and keep small businesses alive at the heart of the economy. We have a deep commitment to giving franchise owners all the tools they need to operate a successful business, and part of that includes making the unreachable reachable for communities that face additional barriers to entry. Through the International Franchise Association’s VetFran and DiversityFran programs, we are creating more veteran-, woman-, and minority-owned businesses. Let’s talk today about how those programs can work for you.
We Make Investing in an HVAC Franchise a Simple Process
- SBA Loans: A loan that comes from the United States Small Business Administration. These loans are backed by collateral and require franchisees to submit documentation about their new business as well as information about their current financial situation.
- Home Equity Loans: Your home might be the key to starting your new business!
- Retirement funds: These funds could be a great alternative to traditional financing. If you have retirement funds, speaking with a qualified financial advisor could help you determine if a ROBS arrangement is the right decision for you.
To find out more about how we help people run and grow HVAC service franchises, call us now at (888) 718-7375 or fill out our simple online form. We’re ready to help you discover if joining One Hour Heating & Air Conditioning is the right choice for you and your career.
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