In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:

Section I – Estimated initial investment (franchise costs) for a TemperaturePro franchise, based on Item 7 of the company’s 2024 FDD

Section II – Initial franchise fee, royalty fee, and marketing fee for a TemperaturePro franchise, based on Items 5 and 6 of the company’s 2024 FDD

Section III – Number of franchised and company-owned TemperaturePro outlets at the start of the year and the end of the year for 2021, 2022, and 2023, based on Item 20 of the company’s 2024 FDD

Section IV – News updates on the TemperaturePro franchise opportunity

Section V – Presentation and analysis of TemperaturePro’s financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2024 FDD, including information on the:

• 2023 average, median, high, and low gross revenue; total job average; and average revenue per hour for the top 30%, middle 30%, and bottom 30% of the 153 franchise outlets that have been open and operating for at least 12 months (grouped based on EBITDA and % of system revenues)

• 2022 average, median, high, and low gross revenue; total job average; and average revenue per hour for the top 30%, middle 30%, and bottom 30% of the 153 franchise outlets that have been open and operating for at least 18 months (grouped based on EBITDA and % of system revenues)

Section VI – Key ratios, comparables, computations, and analyses for the TemperaturePro franchise opportunity (exclusive content for Platinum subscribers)

Section I – TemperaturePro Franchise Costs

• TemperaturePro franchise costs, based on Item 7 of the company’s 2024 FDD:

• Initial Franchise Fee:  $147,500
• Printed Materials:  $2,500 to $6,000
• HVAC Fully Loaded Vehicle and Business Equipment – Tools:  $60,000
• Equipment – Office/Warehouse Space, Computer System, and Communication:  $15,000
• Core Digital Marketing Services:  $1,200
• Growth Advertising and Growth Advertising Management Fees:  $7,225 to $8,975
• Marketing Onboarding Fees:  $3,000
• Insurance:  $15,000
• Miscellaneous Opening Costs:  $1,500 to $1,800
• Additional Funds – Initial Period:  $130,000 to $150,000
• Vehicle Identification:  $2,400 to $4,800
• HVAC Technical and Sales Training, Travel, and Accommodations:  $9,600 to $13,500
• Initial Employee Recruitment:  $7,500
• ProNetwork Shared Services (PSS):  $550
• License Fees:  $1,000 to $3,000
• Total Estimated TemperaturePro Franchise Costs:  $403,975 to $437,825

Section II – TemperaturePro’s Initial Franchise Fee, Royalty Fee, and Marketing Fee

• TemperaturePro’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2024 FDD:

• Initial Franchise Fee:  $147,500
• Royalty:  6% of Total Gross Sales
• Advertising and Marketing:  1% of Total Gross Sales
• Online, Digital, Telephone Directory, and Social Media Advertising:  $2,500

Section III – Number of Franchised and Company-Owned TemperaturePro Outlets

Franchised

2021

• Outlets at the Start of the Year:  313
• Outlets at the End of the Year:  316
• Net Change:  +3

2022

• Outlets at the Start of the Year:  316
• Outlets at the End of the Year:  215
• Net Change:  -101

2023

• Outlets at the Start of the Year:  215
• Outlets at the End of the Year:  186
• Net Change:  -29

Company-Owned

2021

• Outlets at the Start of the Year:  3
• Outlets at the End of the Year:  3
• Net Change:  0

2022

• Outlets at the Start of the Year:  3
• Outlets at the End of the Year:  3
• Net Change:  0

2023

• Outlets at the Start of the Year:  3
• Outlets at the End of the Year:  3
• Net Change:  0

Section IV – News Updates on the TemperaturePro Franchise

Section V – Financial Performance Representations (Average Revenues and/or Profits) for the TemperaturePro Franchise (Item 19, 2024 FDD)

• Based on available data from those who use the Service Titan operating system for January 1, 2023 to December 31, 2023.

• Franchisees have multiple franchise territories, contiguous major markets and/or non-contiguous mid-size markets, and all offer the same services.

Part 1 – Outlets That Have Been Open and Operating for at Least 12 Months (Grouped Based on EBITDA and % of System Revenues)

• The reported level of financial performance was achieved January 1, 2023, through December 31, 2023.

• The total number of outlets that existed in calendar year 2023 was 218 and of the 218 outlets, 153 outlets were included in this information.

Top 30%

• Low Gross Revenue:  $1,206,693
• High Gross Revenue:  $3,074,419
• Average Gross Revenue:  $2,045,165
• Median Gross Revenue:  $2,337,665
• Total Job Average:  $1,276.50
• Average Revenue Per Hour:  $323.26

Middle 30%

• Low Gross Revenue:  $424,996
• High Gross Revenue:  $1,135,922
• Average Gross Revenue:  $769,543.57
• Median Gross Revenue:  $614,996
• Total Job Average:  $1,007.86
• Average Revenue Per Hour:  $243.92

Bottom 30%

• Low Gross Revenue:  $28,066
• High Gross Revenue:  $420,331
• Average Gross Revenue:  $240,919.50
• Median Gross Revenue:  $209,658
• Total Job Average:  $703.83
• Average Revenue Per Hour:  $103.82

Part 2 – Outlets That Have Been Open and Operating for at Least 18 Months (Grouped Based on EBITDA and % of System Revenues)

• The reported level of financial performance was achieved January 1, 2023, through December 31, 2023.

• The total number of outlets that existed in calendar year 2023 was 218 and of the 218 outlets, 153 outlets were included in this information.

Top 30%

• Low Gross Revenue:  $1,206,693
• High Gross Revenue:  $3,074,419
• Average Gross Revenue:  $2,045,165
• Median Gross Revenue:  $2,337,665
• Total Job Average:  $1,276.50
• Average Revenue Per Hour:  $323.26

Middle 30%

• Low Gross Revenue:  $424,996
• High Gross Revenue:  $1,135,922
• Average Gross Revenue:  $769,543.57
• Median Gross Revenue:  $614,996
• Total Job Average:  $1,007.86
• Average Revenue Per Hour:  $243.92

Bottom 30%

• Low Gross Revenue:  $28,066
• High Gross Revenue:  $420,331
• Average Gross Revenue:  $240,919.50
• Median Gross Revenue:  $209,658
• Total Job Average:  $703.83
• Average Revenue Per Hour:  $103.82

• The characteristics of the represented outlets that may differ materially from those of a new franchisee are customer relationships, branding, digital customer acquisition, commercial businesses, accounts, selling and operational effectiveness and efficiencies, and relationships with other members of the franchisor’s systems.

• This financial performance representation does not reflect the costs of sales, operating expenses, or other costs or expenses that must be deducted from the gross revenues or gross sales figures to obtain your net income or profit.

• You should conduct an independent investigation of the costs and expenses you will incur in operating your franchised business. Franchisees or former franchisees listed in the disclosure document may be one source of information.

• Some outlets have sold this amount. Your individual results may differ. There is no assurance that you will sell as much.

Section VI – TemperaturePro Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️