Is
1-800-Radiator
a franchise?
How many
1-800-Radiator
franchises
are there?
What are the
1-800-Radiator
franchise
fees?
Initial Franchise Fee ($45,000)
The initial franchise fee for a 1-800-Radiator franchise is $45,000. This fee is fully earned when paid and is not refundable.
Royalty Fee (8% of Gross Sales)
Franchisees are required to pay an ongoing weekly franchise fee equal to 8% of the Gross Sales.
Advertising Fee (2% of Gross Sales)
Franchisees are obligated to contribute to the marketing efforts. This includes a System Marketing Fee equal to 1.5% of Gross Sales and a Local Marketing Fee equal to 0.5% of Gross Sales, summing up to a total of 2% of Gross Sales for advertising.
Note: The fees presented here can be found in the Item 5 of the Franchise Disclosure Document. For a complete list of all the fees borne by the franchisee, please consult the Franchise Disclosure Document.
How much does
it cost
to start a
1-800-Radiator
franchise?
Note: The table above provides a snapshot of the main costs associated with starting the most common franchise format (as disclosed in the Item 7 of the Franchise Disclosure Document). For a complete overview of all the expenses involved with the various formats offered by the franchisor, please consult the Franchise Disclosure Document.
Does
1-800-Radiator
provide
training
to its
franchisees?
Here's a snapshot of what 1-800-Radiator offers to its franchisees:
Training and Support:
- Initial Training: The franchisor provides an initial franchise operations training course. This training is tuition-free. The franchisee, or if the franchisee is a legal entity, one of its principals approved by the franchisor, must attend and successfully complete this training before the franchised business opens. The franchisor may waive attendance and completion of all or any portion of this training at their discretion.
- Continuing Training: Franchisees and designated employees are required to attend and complete periodic refresher courses in 1-800-RADIATOR & A/C® operations. This includes mandatory training sessions held by the franchisor from time to time.
- Conferences: The franchisor may hold periodic national or regional conferences, including an annual conference, to discuss various business issues. Attendance at these conferences is mandatory for the franchisee and designated employees.
Expenses Related to Training:
- While the training itself is tuition-free, franchisees are responsible for all costs and expenses incurred in connection with the initial franchise operations training, refresher or continuing training, and regional or national conferences.
- Continuing training courses are tuition-free unless the franchisor is charged by third parties for the use of facilities or personnel or if the franchisor's trainers incur any travel and living expenses.
Does
1-800-Radiator
provides
territory
protection?
Franchisees of 1-800-RADIATOR & A/C are granted a designated territory. Within this territory, the franchisor will not establish, or authorize any other person to establish, a 1-800-RADIATOR & A/C Warehouse.
Additionally, they will not solicit customers or accept orders within the territory, or authorize any other person to solicit customers or accept orders within the territory, except for certain conditions such as referrals of potential 1-800-RADIATOR & A/C customers and sales in the territory through Chain Accounts.
The location and size of the territory are agreed upon based on population and other demographics. Each territory generally includes a present or anticipated customer base between 500 and 3,000 Shops, but this range can sometimes be lower or higher.
Can a
1-800-Radiator
franchise
be run as
a passive
investment?
The 1-800-Radiator franchise model requires franchisees, or if they are a legal entity, a principal approved by the franchisor, to devote their full time, best efforts, and constant personal attention to the day-to-day operation of the Franchised Business.
This means that the franchisee is expected to be actively involved in the management and operation of their center.
