SirVent Franchise Analysis

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SirVent is graded based on our most recent FDD research!

Franchise Opportunity Data

What is the upfront investment costs to be a franchise owner of a SirVent franchise?

SirVent has an initial franchise fee of up to $30,000, with a total initial investment range from $64,182 to $145,232.

  • Initial Franchise Fee: $30,000
  • Total Investment: $64,182 to $145,232
  • Working Capital: $7,000 to $25,000
  • Royalty Fee: 6.0%

The initial investment of any franchised business includes multiple fees. Check out this franchise opportunity to better understand the specific costs required to purchase a SirVent, such as franchise fees, leasehold improvement costs, pre-opening marketing, and equipment purchases. As a reminder, franchisors are required to provide you with details about all initial fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay. Another important item to review is whether the initial fees are refundable or not. The franchisor must disclose what conditions any of the initial fees are refundable. A franchisor must also disclose a range of fees if its initial fees are not the same within the system. A careful review of the Item 5 initial fees will provide you answers needed to make a buying decision a SirVent.

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How much does a SirVent franchise owner make?

As with any new business, there needs to be a strong ROI and profit potential. The specific franchisee's income and the revenue from a SirVent franchise depends on a variety of factors. One way to confirm the potential revenues or profits earned from a SirVent franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. This is called a financial performance representation. This is an option for franchisors within their disclosure and approximately 68% of all franchisors that we have reviewed will disclose financial performance data within Item 19 of their FDD. Some franchisors may disclose limited information such as average gross revenues. This type of financial disclosure is not always helpful to assess profits for you directly. So review systemwide sales data with caution. As expected, usually profits and owner's salary are equitable to the overall size of the initial investment. The larger the initial investment, the larger return you should anticipate

For additional information and franchise specific on the revenue of a SirVent franchised business, unlock this franchise

How many franchise locations does SirVent franchise have?

As of the 2016 Franchise Disclosure Document, there are 1 franchised SirVent locations throughout the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any SirVent franchises in my preferred location?

Based on 2016 FDD data, SirVent has franchise locations in 1 states. There may be no locations in several states as each franchise plans their development strategy differently.

NC

Based on our research SirVent is expanding into new locations and might be available near you.

One of our franchise advisors will have detailed knowledge about this franchise opportunity. Unlock to learn more and speak with our experts.

Last Reviewed: 2016

SirVent Franchise STATS

Total Investment
$64,182 - $145,232
Franchise Fee
$30,000
Franchise agreement
Initial Term
5 Years
Renewal Term
5 Years
Franchise outlet growth
2013
0
2015
1
Ongoing fees
Royalty
6.0%
ad fees
3.0%
# of franchised outlets
1

FAQS

Does this brand provide any initial training and opening assistance?

Yes, they have an initial training program of 180 hours. This includes 101 hours of classroom training, 79 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online N/A
On-the-Job 79
Classroom 101
Total 180

Does this brand offer Territory Rights?

SirVent does NOT offer territory protections. For an explanation of territory rights, unlock this franchise for more details.

Do they have marketing and technology support in place?

Yes, SirVent offers comprehensive support for franchisees. Unlock this franchise to find out more.


How long ago did SirVent begin franchising?

They began franchising in 2014. The average Construction and Remodeling franchise began franchising in 2005.


Does SirVent offer lending support?

Yes. They offer certain financing options within Item 10 of their FDD.

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  • How much do franchise owners historically make?
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  • Does this franchise disclose any bankruptcies?
  • Is this franchise affiliated with any other franchise brands or private equity investment groups?
  • How many new outlets have they opened within the last 5 years?
  • How many franchised outlets have closed within the last 5 years?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have terminated within the last 5 years?
  • Does this franchise operate any company or affiliate owned outlets?
  • How long is their initial and renewal term lengths?
  • Does this franchise have any lawsuits?
  • How long have they been franchising?
  • Are they expanding internationally?
  • How often are royalties and advertising fees paid to the franchisor?
  • How are territories defined?
  • What is the role of technology in the operation of the franchise?
  • Why has new franchisee growth been so low?
  • What are the important requirements for managing a successful franchised location in this system?
  • Are you required to work as an owner-operator or is this a passive franchise opportunity?
  • Will they refund any upfront fees under certain circumstances?
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