In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:
Section I – Estimated initial investment (franchise costs) for a TemperaturePro franchise, based on Item 7 of the company’s 2023 FDD
Section II – Initial franchise fee, royalty fee, and marketing fee for a TemperaturePro franchise, based on Items 5 and 6 of the company’s 2023 FDD
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Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations, before someone else does. A franchise specialist will be in touch to present what's available.Section III – Number of franchised and company-owned TemperaturePro outlets at the start of the year and the end of the year for 2020, 2021, and 2022, based on Item 20 of the company’s 2023 FDD
Section IV – News updates on the TemperaturePro franchise opportunity
Section V – Presentation and analysis of TemperaturePro’s financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2023 FDD, including information on the:
- 2022 average, median, high, and low gross revenue; total job average; and average revenue per hour for the top 30%, middle 30%, and bottom 30% of the 181 franchise outlets that have been open and operating for at least 12 months (grouped based on EBITDA and % of system revenues)
- 2022 average, median, high, and low gross revenue; total job average; and average revenue per hour for the top 30%, middle 30%, and bottom 30% of the 164 franchise outlets that have been open and operating for at least 18 months (grouped based on EBITDA and % of system revenues)
Section VI – Key ratios, comparables, computations, and analyses for the TemperaturePro franchise opportunity (exclusive content for Platinum subscribers)
Section I – TemperaturePro Franchise Costs
- TemperaturePro franchise costs (for 1 franchise with a population of 100,000), based on Item 7 of the company’s 2023 FDD:
- Initial Franchise Fee: $147,500
- Printed Materials: $2,500 to $6,000
- HVAC Fully Loaded Vehicle and Business Equipment – Tools: $60,000
- Equipment – Office/Warehouse Space, Computer System, and Communication: $15,000
- Core Digital Marketing Services: $1,200
- Growth Advertising and Growth Advertising Management Fees: $5,300 to $10,900
- Marketing Onboarding Fees: $3,000
- Insurance: $15,000
- Miscellaneous Opening Costs: $1,500 to $1,800
- Additional Funds – Initial Period: $130,000 to $150,000
- Vehicle Identification: $2,400 to $4,800
- HVAC Technical and Sales Training, Travel, and Accommodations: $9,600 to $13,500
- Initial Employee Recruitment: $7,500
- ProNetwork Shared Services (PSS): $550
- License Fees: $1,000 to $3,000
- Total Estimated TemperaturePro Franchise Costs: $402,050 to $439,750
Section II – TemperaturePro’s Initial Franchise Fee, Royalty Fee, and Marketing Fee
- TemperaturePro’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2023 FDD:
- Initial Franchise Fee: $147,500
- Royalty: 6% of Total Gross Sales
- Advertising and Marketing: 1% of Total Gross Sales
- Online, Digital, Telephone Directory, and Social Media Advertising: $2,500
Section III – Number of Franchised and Company-Owned TemperaturePro Outlets
Franchised
2020
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When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code, and a territory specialist will walk you through the franchises still available near you, drawing on information that isn't publicly accessible, saving you months of wasted research.🔴Free Webinar: 6 Under-the-Radar Franchise Concepts That Serious Buyers Should Know
Every month we feature 6 standout franchises that could be the opportunity you've been looking for, each evaluated on disclosed financials and matched to the type of buyer most likely to succeed with it. Can't attend live on October 27 at 6PM EST? Register now and we'll send you the full recording the next day. Reserve your spot here.- Outlets at the Start of the Year: 288
- Outlets at the End of the Year: 313
- Net Change: +25
2021
- Outlets at the Start of the Year: 313
- Outlets at the End of the Year: 335
- Net Change: +22
2022
- Outlets at the Start of the Year: 322
- Outlets at the End of the Year: 261
- Net Change: -61
Company-Owned
2020
- Outlets at the Start of the Year: 3
- Outlets at the End of the Year: 3
- Net Change: 0
2021
- Outlets at the Start of the Year: 3
- Outlets at the End of the Year: 3
- Net Change: 0
2022
🎯Find Best-Fit Franchises Still Available in Your Target Area (Free Tool)
When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code, and a territory specialist will walk you through the franchises still available near you, drawing on information that isn't publicly accessible, saving you months of wasted research.📈Dreaming of Multi‑Unit Success? Lock In Prime Territories Before They're Gone.
Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations, before someone else does. A franchise specialist will be in touch to present what's available.- Outlets at the Start of the Year: 3
- Outlets at the End of the Year: 3
- Net Change: 0
Section IV – News Updates on the TemperaturePro Franchise
Section V – Financial Performance Representations (Average Revenues and/or Profits) for the TemperaturePro Franchise (Item 19, 2023 FDD)
- Based on royalty reports for April 1, 2022 through March 31, 2023 (these royalty reports are not audited, and TemperaturePro has not verified them) and available data from those who use the Service Titan operating system.
- Franchisees have multiple franchise territories, contiguous major markets and/or non-contiguous mid-size markets, and all offer the same services.
Part 1 – Outlets That Have Been Open and Operating for at Least 12 Months (Grouped Based on EBITDA and % of System Revenues)
- The reported level of financial performance was achieved April 1, 2022 through March 31, 2023.
- The total number of outlets that existed in calendar year 2022 was 261 and of the 261 outlets, 181 outlets were included in this information.
Top 30%
- Low Gross Revenue: $1,308,209.33
- High Gross Revenue: $4,242,070.95
- Average Gross Revenue: $2,361,790.70
- Median Gross Revenue: $2,334,461.33
- Total Job Average: $982.09
- Average Revenue Per Hour: $294.48
Middle 30%
- Low Gross Revenue: $934,080.36
- High Gross Revenue: $1,207,682.78
- Average Gross Revenue: $1,071,020.98
- Median Gross Revenue: $1,071,135.29
- Total Job Average: $914.09
- Average Revenue Per Hour: $283.87
Bottom 30%
- Low Gross Revenue: $154,306.43
- High Gross Revenue: $763,875.64
- Average Gross Revenue: $442,716.20
- Median Gross Revenue: $531,821.03
- Total Job Average: $706.04
- Average Revenue Per Hour: $163.96
Part 2 – Outlets That Have Been Open and Operating for at Least 18 Months (Grouped Based on EBITDA and % of System Revenues)
- The reported level of financial performance was achieved April 1, 2022 through March 31, 2023.
- The total number of outlets that existed in calendar year 2022 was 261 and of the 261 outlets, 164 outlets were included in this information.
Top 30%
- Low Gross Revenue: $1,308,209.33
- High Gross Revenue: $4,242,070.95
- Average Gross Revenue: $2,361,790.70
- Median Gross Revenue: $2,334,461.33
- Total Job Average: $982.09
- Average Revenue Per Hour: $294.48
Middle 30%
- Low Gross Revenue: $934,080.36
- High Gross Revenue: $1,207,682.78
- Average Gross Revenue: $1,071,020.98
- Median Gross Revenue: $1,071,135.29
- Total Job Average: $914.09
- Average Revenue Per Hour: $283.87
Bottom 30%
- Low Gross Revenue: $320,781.57
- High Gross Revenue: $763,875.64
- Average Gross Revenue: $561,861.99
- Median Gross Revenue: $581,667.31
- Total Job Average: $787.19
- Average Revenue Per Hour: $195.24
- The characteristics of the represented outlets that may differ materially from those of a new franchisee are customer relationships, branding, digital customer acquisition, commercial businesses, accounts, selling and operational effectiveness and efficiencies, and relationships with other members of the franchisor’s systems.
- This financial performance representation does not reflect the costs of sales, operating expenses, or other costs or expenses that must be deducted from the gross revenues or gross sales figures to obtain your net income or profit.
- You should conduct an independent investigation of the costs and expenses you will incur in operating your franchised business. Franchisees or former franchisees listed in the disclosure document may be one source of information.
- Some outlets have sold this amount. Your individual results may differ. There is no assurance that you will sell as much.
Section VI – TemperaturePro Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️
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