Heits Building Services Franchise Analysis
Heits Building Services is analyzed based on our most recent FDD research!
Franchise Details
What is the upfront investment required to be a franchise owner of a Heits Building Services franchise?
Heits Building Services has an initial franchise fee of up to $59,000, with a overall upfront investment range from $90,750 to $188,200.
- Initial Franchise Fee: $59,000
- Total Investment: $90,750 to $188,200
- Working Capital: $12,500 to $27,500
- Royalty Fee: 5.0%
The initial purchase price of any franchised business includes multiple fees. Explore this investment opportunity to better understand the initial costs required to buy a Heits Building Services, such as franchise fees, construction and costs, pre-opening marketing, and equipment purchases. It should be noted that, franchisors must to disclose all initial fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.
Can you Afford a Heits Building Services Franchise. Complete our Affordability Calculator to find out!
How much does a Heits Building Services franchise owner make?
As with any new investment opportunity, there needs to be a good ROI and profit potential. The specific franchisee's income and the profits from a Heits Building Services business depends on a variety of factors. One way to validate the potential revenues or profits earned from a Heits Building Services franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. This is called an earnings claim. This is an option for franchisors within their disclosure and approximately 68% of all franchisors in our database will disclose financial performance data within Item 19 of their FDD. Some franchisors may disclose limited information such as average gross revenues. This type of financial data is not always helpful to assess profitability for you directly. So review average sales data with caution. As a general rule, usually profits and owner's income are correspond to the overall size of the initial investment. The larger the initial investment, the larger return you should anticipate
For additional information and franchise specific on the profits of a Heits Building Services franchised business, unlock this franchise
How many franchise locations does Heits Building Services franchise own?
As of the 2016 Franchise Disclosure Document, there are 1 franchised Heits Building Services locations in the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any Heits Building Services franchise opportunities near me?
Based on 2016 FDD research, Heits Building Services has franchised locations in 9 states.
Based on the data collected this franchise is expanding into new markets and could be available near you.
One of our advisors will have detailed knowledge about this franchise opportunity. Unlock to learn more and talk with our advisors.
Last Reviewed: 2016
Sector: Commercial and Residential Services
Category: Cleaning
Heits Building Services Franchise INFORMATION
10 Years
10 Years
2
1
5.0%
1.0%
EXTRA INFORMATION
Does this franchise provide any initial training and opening assistance?
Yes, they have an initial training program of 29 hours. This includes 27 hours of classroom training, 2 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | N/A |
|---|---|
| On-the-Job | 2 |
| Classroom | 27 |
| Total | 29 |
Does this franchise offer Territory Protections?
Heits Building Services does NOT offer territory protections. For an explanation of territory rights, unlock this franchise for more details.
Do they have marketing and technology support in place?
Yes, Heits Building Services offers comprehensive support for franchisees. Unlock this franchise to find out more.
How long ago did Heits Building Services start franchising?
They began franchising in 2003. The average Cleaning franchise began franchising in 2004.
Does Heits Building Services offer lending support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Unlock this opportunity for instant access to our research findings, including:
- Growth analysis
- Turnover analysis
- Financial details
- Initial and renewal terms
- Royalties and advertising fees
- Key Franchise FAQs
- Our grade and free access to consult with a franchising expert
- What are the historical franchisee profits?
- Do they provide Veteran or First Responder discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Is this brand affiliated with any other franchise brands or private equity investment groups?
- How many new locations have they opened in the last 5 years?
- How many franchised locations have closed in the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised locations have terminated in the last 5 years?
- Do they operate any company or affiliate owned locations?
- What is their initial and renewal term lengths?
- Do you have a legal dispute resolution process?
- How long has the franchisor been in business?
- Are they expanding internationally?
- How often are royalties and advertising fees paid to the franchisor?
- What are the territory protections the franchisor provides you?
- What is the role of technology in the operation of the franchise?
- Why has new franchise outlet growth been so high?
- What are the important requirements for operating a successful franchised location in this system?
- Are you required to work as an owner-operator or is this a passive investment opportunity?
- Will the franchisor refund the franchise fee under certain circumstances?