4/10

Franchimp Summary Rating

1 /10
Higher than 95% of peers

Franchise Summary

Description
As a franchisee, you will install, maintain and repair certain residential and commercial heating, ventilating, air conditioning and indoor air quality services and equipment, sell and service water-based heating systems; perform related services and sell related products
Company Background
Aire Serv is the world's leading provider of heating, ventilation, air conditioning and indoor air quality services. As a franchisee, you will install, maintain and repair certain residential and commercial HVAC systems; sell water-based heating systems; perform related services; sell related products.
Franchise Opportunity
Owning and running a heating, ventilation, air conditioning, and indoor air quality services company can be difficult. There are many regulations to follow and you need to have a wide range of skills in order to be successful. Not only do you need to be an expert in HVAC services, but you also need to be able to sell them. This can be difficult when there are so many other companies competing for business. Aire Serv is the perfect franchise opportunity for those who want to own their own business but don't have the time or expertise to start from scratch. We provide all of the training and support that you need in order to succeed. Plus, our brand is recognized nationwide as a leader in HVAC services.
Corporate Structure
Aire Serv LLC. was converted to a Texas limited liability company on December 31, 2011. Prior to that date, they were a Texas corporation. They were incorporated in the State of Texas on December 2, 1992. They maintain our principal place of business at 1010-1020 North University Parks Drive, Waco, Texas 76707. They have offered franchises since 1992.
Investment and Franchisee Fees
The total investment necessary to begin operation of an Aire Serv® franchise ranges from $82,600 to $206,400. This includes $36,250 that must be paid to the franchisor and our affiliate. It does not include fees for additional territory (beyond the minimum 100,000), for which we charge $350 per 1,000 population.
Royalties and Marketing Fees

Royalties : 5.0% - 7.0% of revenue

Royalties : Not to exceed 3% of Gross Sales.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Maintenance Services Industry

$1,314,689 / unit

Franchise Type: Standard

Average Revenue During 2022

$1,314,689
$269,175
Industry Low
$1,715,720
Industry High

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Aire Serv Franchisees

Aire Serv Franchise System Development in 2022

Historical Aire Serv System Growth

FAQ

How much investment do I need to start my own Aire Serv business?
Franchisees typically require at least $87,600 to $216,400 investment to get their Aire Serv business started
What are the initial franchise fees for Aire Serv?
Franchisees typically need to pay at least $41,250 in fees directly to Aire Serv in order to earn the right to launch their business
How much money can I make with a Aire Serv franchise? What are the average revenues for a typical Aire Serv business?
We estimate that the average revenue of an individual Aire Serv unit is approximately $1,314,689. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Aire Serv unit? What is my contractual commitment?
Aire Serv franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

1 /10
The Franchisor's investment costs ranges from $210,500 to $457,055 which is Much Higher than the $0 to $0 average in the Maintenance Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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