Handyman Franchise Review
Handyman Franchise Opportunity - Handyman Franchise Business for Sale
Ductz
DUCTZ is the Nation’s Largest Restoration company dedicated to the cleaning and restoration of HVAC systems and duct work. We are part of the $75 billion restoration industry. DUCTZ is owned by Belfor; the World’s Largest Property Damage Restoration Company. Belfor is the world’s premier provider of property recovery services, with offices in over 27 countries. Collectively, we have over 300 offices around the globe.
Territory model includes approximately 100,000 households averaging 250,000 population (defined by contiguous zip codes.) Designated Office Territory (DOT) includes Target Marketing Campaign, Website Leads and National Account Work. Owners can protect and pursue Residential/Commercial Referring Partner in ANY zip code within their DOT. Owner will have the opportunity to participate in large commercial catastrophic restoration projects (through DUCTZ National Service Team Program.)
Owner/operator, hands-on, or Absentee Owner that hires a key operator preferred first six to twelve months due to nature of training provided. Friendly, coachable, conscientious, comfortable around “blue-collar” business owners. Socially conscious, values providing needed and beneficial service to customers. Desires to play on winning team. Consider existing owners of construction companies and other trade businesses, but DOES NOT have to have prior HVAC experience.
Item 19 in our current FDD: Average Annual Sales in business one (+) years: $254,664, in business two (+) years: $306,096. Gross profit margins 50%.
Focus on: recession resistant, environmental services, restoration industry and indoor air quality.
Support to our owners includes (but not limited to) initial training, field support, annual meetings, national advertising and PR, negotiated purchasing benefits.
BACKGROUND
Year Established: 2001
Year First Franchised: 2005
Franchised Units: 120 as of 12/01/2007
Company Owned Units: 2
Projected New Units: 75 new franchise sales in 2008
States/Countries Registered In: All 50 states; none outside of the USA (Currently not accepting referrals from franchised areas of SE Michigan; Flint, Bay City & Saginaw, MI; Toledo & Columbus OH; Raleigh, NC; Grand Rapids, MI; North Shore & Lake County, IL)
FINANCIAL/TERMS
Cash Investment: $10K - $30K
Total Investment: $60K - $90K
Minimum Net Worth: $100K
Franchise Fee: $59,650
Royalty: 10%
National Ad: 0% (included in the 10% royalty fee)
Average # of Employees: Owner/Operator preferred for first 6-18 months; after that average # of employess: 1 - 3
Passive Ownership Allowed: Yes, 3 options available: owner/operator, semi absentee, or absentee owner
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