- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$61K - $127K
- Units as of 2022
-
1 0.0% over 3 years
Company Overview
About Hoods365
| Industry | Maintenance |
|---|---|
| Related Categories | Commercial Kitchen Maintenance,Miscellaneous Maintenance Businesses,Commercial Cleaning |
| Founded | 1996 |
| Parent Company | Steam Pro Franchising LLC |
| Leadership | Tony Parrow, COO |
| Corporate Address | 2713 Sonic Dr. Virginia Beach, VA 23453 |
Business Overview
| Franchising Since | 2022(1 years) |
|---|---|
| # of employees at HQ | 30 |
| Where seeking | This company is offering new franchisees throughout the US. |
| # of Units | 1(as of 2022) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Hoods365 franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
| Initial Franchise Fee
|
$30,000 |
|---|---|
| Initial Investment
|
$60,792 - $127,250 |
| Net Worth Requirement
|
$100,000 |
| Cash Requirement
|
$50,000 |
| Veteran Incentives
|
10% off franchise fee |
| Royalty Fee
|
8% |
| Ad Royalty Fee
|
1% |
| Term of Agreement
|
10 years |
| Is franchise term renewable? | No |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 26 hours |
|---|---|
| Classroom Training | 57 hours |
| Ongoing Support |
Purchasing Co-ops
|
| Marketing Support |
Co-op Advertising
Social Media
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
| Can this franchise be run from home/mobile unit?
|
Yes |
| Can this franchise be run part time?
|
No |
| Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like Hoods365? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Hoods365 landed on this year's Franchise 500 Ranking versus previous years.
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