Benjamin Franklin Plumbing vs HomeFixology Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Benjamin Franklin Plumbing vs HomeFixology including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$37,556 - $204,261 | $65,000 - $115,000 |
Franchise Fee |
$43,000 | $19,900 - $39,900 |
Royalty Fee |
6% | 7% |
Advertising Fee |
3% | - |
Year Founded |
2000 | 2005 |
Year Franchised |
2001 | 2005 |
Term Of Agreement |
10 years | 5 years |
Term Of Agreement |
10 years | 5 years |
Renewal Fee |
50% of franchise fee | $5000 |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
Yes/Yes | Yes/No |
Start-up Costs |
Yes/Yes | Yes/No |
Equipment |
Yes/Yes | No/No |
Inventory |
Yes/Yes | No/No |
Receivables |
Yes/Yes | No/No |
Payroll |
Yes/Yes | No/No |
Training & Support |
Training |
Available at headquarters, Available at franchisee's location | - |
Support |
Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
National media, Regional advertising | - |
Operations |
37% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4
- 12
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | No |
International Expansion |
Yes | No |
Company Overviews
About Benjamin Franklin Plumbing
Our company was founded on the belief that homeowners have a right to demand that contractors truly respect the value of their time. We also believe that high professional standards, courteous service, consistent pricing, a rigorous code of ethics, money-back guarantees and above all a deep respect for the customer's time could change the face of the industry. We were right. Benjamin Franklin Plumbing now operates franchises throughout the United States. Homeowners are now busier than ever. They don't have time for late service calls. Finally, one company gets it! Isn't it about time?Benjamin Franklin is the nation's first plumbing service company that promises our customers punctuality.
Specifically, "If there's any delay, it's you we pay." If we are late for any service appointment, we will pay you $5 per minute! How can we promise that? People, culture and technology. Benjamin Franklin goes to extraordinary lengths to hire, train and cultivate the very best, most talented and passionate people. They understand the mission: we are building a time-critical, success culture that is changing the way home services are delivered. Efficient customer service teams use the latest software. Skilled, certified plumbers drive fully stocked, GPS equipped trucks to your home. It all adds up: On-time service for every customer, every single time.
#384 in Franchise 500 for 2021. Not in Franchise 500 for 2020
About HomeFixology