Michael & Son Franchise for Sale - HVAC, Plumbing, Electrical & Restoration Services
Michael & Son Services Franchise Opportunities
Michael & Son services franchise specializes in providing maintenance services such as plumbing, electrical, HVAC, duct cleaning. There are 7 enterprises working under the name and some locations of Michael & Son services franchise are still available for sale. The brand has already earned a good reputation and can boast hundreds of loyal customers. Therefore, having become Michael and Son services plumbing and water clean up franchisee, an entrepreneur can easily make a profit under a reputable brand name and applying the best principles and practices of the franchisor. Take a glance at the investment information to see required cost & fees as well as other details about the brand.
How to open the Michael & Son Services franchise?
- Ensure you have adequate capitalization.
In order to open the Michael & Son Services franchise, you must have a net worth of more than $200,000.
- Appreciate the investment required for a home services franchise.
You will need to consider the cost of equipment, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Michael & Son Services franchise owner.
- Assess market availability.
You will want to look at the market availability for Michael & Son Services franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Michael & Son Services franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Michael & Son Services franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does the Michael & Son Services franchise cost?
Michael & Son Services has the franchise fee of up to $40,000, with a total initial investment range of $171,000 to $402,200.
Net-worth Requirement: $200,000
Liquid Cash Requirement: $50,000
Michael & Son Services Initial Investment
Initial Investment: $171,000 - $402,200.
Initial Franchise Fee: $40,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: up to 1%
On-The-Job Training: 2-3 days
Classroom Training: 4 days
Number of Employees Required to Run: 1
Michael & Son Services website: www.michaelandson.com
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- Starting investments from:$171,000
- Company type:Service
- Company foundation year1976
- Year of launching the franchise2010
- Franchise enterprises:7
- Franchisees in USA:7
- Corporate Address:5740 General Washington Dr. Alexandria, VA 22312, US