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Below is an in-depth analysis and side-by-side comparison of Hoodz vs Sears Air Duct Cleaning including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $136,733,228,827 | $39,250 - $151,050 |
Franchise Fee | $23,960 - $65,900 | $18,000 - $54,000 |
Royalty Fee | 10% | - |
Advertising Fee | - | - |
Year Founded | 2008 | - |
Year Franchised | 2009 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Net worth requirement: $100,000 Cash liquidity requirement: $10,000 - $30,000 | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters: One week Technical/ Business Administration | - |
Support | Annual meetings Advanced level training | - |
Marketing | National advertising and public relations | - |
Operations | * Franchise can be run from home * 13% of all franchisees own more than one unit * Number of employees needed to run franchised unit: Two * Absentee ownership of franchise is allowed | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |