Franchimp Summary Rating
Higher than 94% of peers
Franchise Summary
Description
The franchise offered is for the operation of a Rapid Recovery® business within a particular geographic area which will offer and provide refrigerant recovery services. The business will offer refrigerant recovery abatement services to the HVAC, refrigeration and demolition industries as well as large facilities, military installations and municipalities.
Company Background
Rapid Recovery is a franchise that offers refrigerant recovery services. The company provides professional, reliable and fast service in the process of recovering refrigerants from all types of equipment, including HVAC systems.
Franchise Opportunity
Recovering refrigerant is a critical part of HVAC maintenance, but it can be difficult and time-consuming. Rapid Recovery offers a convenient and reliable refrigerant recovery service that will save you time and money. Our team of experienced professionals will quickly and efficiently recover your refrigerant so you can get back to business. We understand the importance of timely service, so we offer 24/7 emergency recovery services.
Corporate Structure
RapRec Franchising, Inc. is an Arizona corporation formed on April 28, 2006. They do business under their corporate name RapRec Franchising, Inc. and the name “Rapid Recovery®”. Their principal business address is 8971 W. Bloomfield Road, Peoria, Arizona 85381.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Rapid Recovery business is from $182,250 to $334,020. This includes $127,500 to $253,500 that must be paid to us or our affiliates.
Employee Contact Database
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Distribution of Rapid Recovery Franchisees
Rapid Recovery Franchise System Development in 2014
FAQ
How much investment do I need to start my own Rapid Recovery business?
Franchisees typically require at least $184,020 to $184,020 investment to get their Rapid Recovery business started
What are the initial franchise fees for Rapid Recovery?
Franchisees typically need to pay at least $55,000 in fees directly to Rapid Recovery in order to earn the right to launch their business
How much money can I make with a Rapid Recovery franchise? What are
the average revenues for a typical Rapid Recovery business?
We haven’t done the math on how much revenue a typical
Rapid Recovery brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$960,856 revenue, so we would expect
Rapid Recovery to generate a similar amount
How long do I need to commit to running a Rapid Recovery unit? What
is my contractual commitment?
Rapid Recovery 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
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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