5/10

Franchimp Summary Rating

2 /10
Higher than 82% of peers

Franchise Summary

Description
The franchise offered is for the establishment and operation of a business that offers, markets, promotes, advertises, manages and performs commercial exhaust hood system and oven cleaning, inspection, maintenance, preventative maintenance, repair and restorationservices, as well as other services authorized by usunder our marks, utilizingthe HOODZbusiness system, which is sometimes referred to below as the "Franchise", or "HOODZBusiness. "
Company Background
HOODZ is a franchise company that provides commercial premises cleaning businesses and particularly commercial kitchen equipment cleaning, utilizing the HOODZ business system.
Franchise Opportunity
The kitchen equipment cleaning market is increasingly competitive and difficult to enter. HOODZ provides a cost-effective, easy-to-use franchise system that enables you to start your own commercial kitchen equipment cleaning business with little or no previous experience. Our unique franchise system will allow you to quickly build a profitable business by providing the training, support, and tools needed for success. We provide everything from customized marketing materials to our proprietary equipment cleaners so all you have to do is show up at each job site and clean! You don't need any special skills or prior knowledge of the industry - just bring your drive and we'll take care of everything else!
Corporate Structure
HOODZ International, LLC’s principal business address is 731 Fairfield Court, Ann Arbor, MI 48108. They were formed October 3, 2008, as a Delaware Limited Liability Company, and began offering franchises January 1, 2009.Their parent is BELFOR Franchise Group, LLC, a Michigan Limited Liability Company formed on July 3, 2007, a wholly owned subsidiary of BELFOR (USA) Group, Inc., a Colorado corporation formed on June 9, 1995, and located at 185 Oakland Ave, Suite 300, Birmingham, MI 48009.

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

$354,326 / unit

Franchise Type: Standard

Average Revenue During 2022

$354,326
$269,175
Industry Low
$1,715,720
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of HOODZ Franchisees

HOODZ Franchise System Development in 2021

FAQ

How much investment do I need to start my own HOODZ business?
Franchisees typically require at least $183 to $231 investment to get their HOODZ business started
What are the initial franchise fees for HOODZ?
Franchisees typically need to pay at least $83 in fees directly to HOODZ in order to earn the right to launch their business
How much money can I make with a HOODZ franchise? What are the average revenues for a typical HOODZ business?
We estimate that the average revenue of an individual HOODZ unit is approximately $354,326. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a HOODZ unit? What is my contractual commitment?
HOODZ 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

2 /10
The Franchisor's investment costs ranges from $183,838 to $231,992 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

Franchises in the Same Industry

Popular Franchises

Is this your Franchise?

Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today

CLAIM THIS FRANCHISE