TemperaturePro Franchise Prices, Charges, Revenues, Income (2023 Evaluation)

On this unique Franchise Chatter FDD Discuss submit, you’ll be taught the next:

Part I – Estimated preliminary funding (franchise prices) for a TemperaturePro franchise, based mostly on Merchandise 7 of the corporate’s 2022 FDD

Part II – Preliminary franchise payment, royalty payment, and advertising payment for a TemperaturePro franchise, based mostly on Gadgets 5 and 6 of the corporate’s 2022 FDD

Part III – Variety of franchised and company-owned TemperaturePro retailers at the beginning of the yr and the top of the yr for 2019, 2020, and 2021, based mostly on Merchandise 20 of the corporate’s 2022 FDD

Part IV – Information updates on the TemperaturePro franchise alternative

Part V – Presentation and evaluation of TemperaturePro’s monetary efficiency representations (common revenues and/or earnings), based mostly on Merchandise 19 of the corporate’s 2022 FDD, together with info on the:

• 2021 common, median, excessive, and low gross income; complete job common; and common income per hour for the highest 30%, center 30%, and backside 30% of the 115 franchise retailers which were open and working for no less than 12 months and are in good standing (grouped based mostly on EBITDA and % of system revenues)

• 2021 common, median, excessive, and low gross income; complete job common; and common income per hour for the highest 30%, center 30%, and backside 30% of the 96 franchise retailers which were open and working for no less than 18 months and are in good standing (grouped based mostly on EBITDA and % of system revenues)

Part VI – Key ratios, comparables, computations, and analyses for the TemperaturePro franchise alternative (unique content material for Platinum subscribers)

Part I – TemperaturePro Franchise Prices

• TemperaturePro franchise prices (for 1 franchise with a inhabitants of 100,000), based mostly on Merchandise 7 of the corporate’s 2022 FDD:

• Preliminary Franchise Price:  $147,500
• Printed Supplies:  $2,500 to $6,000
• HVAC Totally Loaded Automobile and Enterprise Gear – Instruments:  $60,000
• Gear – Workplace/Warehouse House, Laptop System, and Communication:  $15,000
• Core and Progress Advertising and marketing Administration Charges:  $1,500 to $2,500
• Progress Promoting:  $2,300 to $6,000
• Advertising and marketing Onboarding Charges:  $3,000
• Insurance coverage:  $15,000
• Miscellaneous Opening Prices:  $1,500 to $1,800
• Extra Funds – Preliminary Interval:  $130,000 to $150,000
• Automobile Identification:  $2,400 to $4,800
• Preliminary Gross sales Coaching:  $4,000
• Whole Estimated TemperaturePro Franchise Prices:  $384,700 to $415,600

Part II – TemperaturePro’s Preliminary Franchise Price, Royalty Price, and Advertising and marketing Price

• TemperaturePro’s preliminary franchise payment, royalty payment, and advertising payment, based mostly on Gadgets 5 and 6 of the corporate’s 2022 FDD:

• Preliminary Franchise Price:  $29,500
• Royalty:  6% of Whole Gross Gross sales
• Promoting Price:  1% of Whole Gross Gross sales
• Promoting and Digital Advertising and marketing:  Core Digital Promoting Companies: $750 per 30 days; Progress Promoting: $2,300 to $6,000 per 30 days; one-time digital account onboarding payment: $1,500; one-time web site construct payment: $1,500

Part III – Variety of Franchised and Firm-Owned TemperaturePro Retailers

Franchised

2019

• Retailers on the Begin of the Yr:  228
• Retailers on the Finish of the Yr:  273
• Web Change:  +45

2020

• Retailers on the Begin of the Yr:  273
• Retailers on the Finish of the Yr:  302
• Web Change:  +29

2021

• Retailers on the Begin of the Yr:  302
• Retailers on the Finish of the Yr:  300
• Web Change:  -2

Firm-Owned

2019

• Retailers on the Begin of the Yr:  3
• Retailers on the Finish of the Yr:  3
• Web Change:  0

2020

• Retailers on the Begin of the Yr:  3
• Retailers on the Finish of the Yr:  3
• Web Change:  0

2021

• Retailers on the Begin of the Yr:  3
• Retailers on the Finish of the Yr:  3
• Web Change:  0

Part IV – Information Updates on the TemperaturePro Franchise

Part V – Monetary Efficiency Representations (Common Revenues and/or Income) for the TemperaturePro Franchise (Merchandise 19, 2022 FDD)

• Primarily based on royalty reviews for Might 1, 2021 by way of April 30, 2022 (these royalty reviews should not audited, and TemperaturePro has not verified them) from those that use the Service Titan working system.

• Franchisees have a number of franchise territories, contiguous main markets and/or non-contiguous mid-size markets, and all provide the identical companies.

Half 1 – Franchisees That Have Been Open and Working for at Least 12 Months and Are in Good Standing (Grouped Primarily based on EBITDA and % of System Revenues)

• The reported stage of economic efficiency was achieved Might 1, 2021 by way of April 30, 2022.

• The whole variety of retailers that existed in calendar yr 2021 was 303 and of the 303 retailers, 115 retailers had been included in Half 1.

High 30%

• Low Gross Income:  $1,848,336.88
• Excessive Gross Income:  $2,269,412.70
• Common Gross Income:  $1,992,495.62
• Median Gross Income:  $1,926,116.46
• Whole Job Common:  $973.00
• Common Income Per Hour:  $296.16

Center 30%

• Low Gross Income:  $645,533.45
• Excessive Gross Income:  $1,057,250.00
• Common Gross Income:  $815,054.75
• Median Gross Income:  $778,717.77
• Whole Job Common:  $1,100.30
• Common Income Per Hour:  $329.43

Backside 30%

• Low Gross Income:  $466,590.00
• Excessive Gross Income:  $600,144.82
• Common Gross Income:  $543,606.38
• Median Gross Income:  $553,845.34
• Whole Job Common:  $765.32
• Common Income Per Hour:  $303.73

Half 2 – Franchisees That Have Been Open and Working for at Least 18 Months and Are in Good Standing (Grouped Primarily based on EBITDA and % of System Revenues)

• The reported stage of economic efficiency was achieved Might 1, 2021 by way of April 30, 2022.

• The whole variety of retailers that existed in calendar yr 2021 was 303 and of the 303 retailers, 96 retailers had been included in Half 2.

High 30%

• Low Gross Income:  $1,871,610.09
• Excessive Gross Income:  $2,269,412.70
• Common Gross Income:  $2,040,548.54
• Median Gross Income:  $1,980,622.82
• Whole Job Common:  $996.91
• Common Income Per Hour:  $360.21

Center 30%

• Low Gross Income:  $803,858.54
• Excessive Gross Income:  $1,293,533.00
• Common Gross Income:  $1,051,547.18
• Median Gross Income:  $1,057,250.00

Backside 30%

• Low Gross Income:  $582,780.68
• Excessive Gross Income:  $645,533.45
• Common Gross Income:  $609,486.32
• Median Gross Income:  $600,144.82
• Whole Job Common:  $998.66
• Common Income Per Hour:  $477.76

• An outlet is decided to be in good standing by whether or not they’re in default of their Franchise Settlement. The variety of retailers excluded on this foundation is 69.

• The traits of the represented retailers that will differ materially from these of a brand new franchisee are buyer relationships, branding, digital buyer acquisition, business companies, accounts, promoting and operational effectiveness and efficiencies, and relationships with different members of the franchisor’s programs.

• This monetary efficiency illustration doesn’t mirror the prices of gross sales, working bills, or different prices or bills that should be deducted from the gross revenues or product sales figures to acquire your web earnings or revenue.

• You need to conduct an impartial investigation of the prices and bills you’ll incur in working your franchised enterprise. Franchisees or former franchisees listed within the disclosure doc could also be one supply of knowledge.

• Some retailers have bought this quantity. Your particular person outcomes might differ. There isn’t any assurance that you’ll promote as a lot.

Part VI – TemperaturePro Franchise Ratios, Comparables, Computations, and Analyses (Unique Content material for Platinum Subscribers) ⬇️