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Description

How to Open an Aire Serv Franchise?

To begin your journey as an Aire Serv franchisee, you will need to complete an ownership application and pay the initial franchise fee, which typically averages around $63,342, varying based on the territory population. Following this, you'll undergo a comprehensive training program, which includes both initial and ongoing training, to ensure you are well-equipped to manage your business. You may also have the opportunity to attend a discovery day, where you can meet existing franchisees and learn more about the brand.

What Makes an Aire Serv Franchise a Good Choice?

Investing in an Aire Serv franchise offers the advantage of joining a well-established brand within the HVAC industry, which provides essential services like installation, maintenance, and repair of heating and cooling systems. The franchise has a strong support system, including marketing resources and operational guidelines, which can significantly reduce the learning curve for new franchisees. Additionally, the growing demand for HVAC services ensures a viable market, particularly in areas with fluctuating temperatures, making it a potentially lucrative investment.

Why You May Want to Start an Aire Serv Franchise?

Aire Serv stands out in the HVAC industry by providing high-quality services that focus on customer comfort and satisfaction. If you have a passion for customer service and technical skills, this franchise could be a perfect fit. The company promotes a positive work culture and offers ongoing support, making it suitable for both seasoned entrepreneurs and those new to the industry. Furthermore, Aire Serv's commitment to using advanced technology and eco-friendly practices can appeal to environmentally conscious consumers, enhancing your business's reputation.

Is Owning an Aire Serv Franchise the Right Move for You?

Before committing to an Aire Serv franchise, assess your compatibility with the franchise's operational requirements and your financial readiness for the initial investment and ongoing fees, which include royalty fees ranging from 5% to 7% of gross sales. Additionally, consider the competitive landscape in your chosen territory, as you will be entering a market with other HVAC contractors. With 197 Aire Serv franchises currently in operation, ensuring a unique selling proposition will be key to your success.

Aire Serv Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

A broad sector defining similar types of franchise businesses.

Industry

Home Services Franchises
A more specific division within the broader industry.

Category

HVAC Services
Available financing options to help start the franchise.

Funding Year

2011
The main organization that owns the franchise brand.

Parent Company

Neighborly
The key individuals guiding the franchise’s strategy and growth.

Leadership

Mike Bidwell
The official business address of the franchisor’s headquarters.

Corporate Address

1010-1020 North University Parks Drive, Waco, Texas 76707
The total amount required to launch the franchise.

Initial Investment

$107,295 - $253,095
The initial fee paid to join the franchise system.

Franchise Fee

$45,000
Ongoing percentage of revenue paid to the franchisor.

Royalty Fee

5% to 7%
Regular contribution toward the franchise’s advertising fund.

Marketing Fee

2%
The minimum liquid capital you must have on hand.

Cash Required

$107,295 - $253,095
The minimum total assets (minus liabilities) you must possess.

Net Worth Required

$300,000 - $600,000
The typical yearly revenue generated per franchise location.

Average Revenue

$2,863,084
The middle value of yearly revenue among franchise locations.

Median Revenue

$1,499,969
The smallest reported annual revenue among franchisees.

Lowest Revenue

$38,955
The largest reported annual revenue among franchisees.

Highest Revenue

$15,952,751
The estimated timeframe to recover your initial costs.

Breakeven Time

12 Months
The estimated period to recoup your total investment.

Investment Payback

12 Months

Aire Serv Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes shown in the chart and table.

The overall number of operating franchise locations.

Total Units

197
The number of locations owned by independent franchisees.

Franchised Units

197
The number of locations owned and run by the franchisor.

Corporate Units

0
Units 2021 2022 2023
Total Units 204 207 197
Net Change YoY 3 -10
Franchised Units 204 207 197
Net Change YoY 3 -10
Corporate Units 0 0 0
Net Change YoY 0 0

Company Background

Aire Serv is a leading franchise in the heating, ventilation, and air conditioning (HVAC) industry, known for delivering high-quality service and customer satisfaction. Founded in 1992, Aire Serv has grown to over 200 locations across North America. The brand is dedicated to providing expert HVAC repair, maintenance, and installation services, ensuring that customers enjoy a comfortable indoor environment year-round. With a focus on professionalism and reliability, Aire Serv has established itself as a trusted name in the HVAC market.

Franchise Opportunity

Investing in an Aire Serv franchise offers a unique opportunity to enter the thriving HVAC industry. With a proven business model and a strong support system, franchisees can capitalize on the growing demand for heating and cooling services. Aire Serv provides comprehensive training, marketing assistance, and operational support to help franchisees succeed. This franchise model is designed for entrepreneurs looking for a scalable business with the potential for high returns, making it an attractive option for those seeking to build a successful enterprise.

Corporate Structure

Aire Serv is operated by the Dwyer Group, Inc., a well-established parent company that oversees multiple service-based brands. The Dwyer Group was founded in 1981 and is headquartered in Waco, Texas. Aire Serv operates under this corporate umbrella, leveraging the extensive resources and expertise of the Dwyer Group to enhance its operations and support franchisees. The organization is committed to maintaining high standards of service and quality across all franchises, ensuring brand consistency and customer satisfaction.

Royalties

Aire Serv franchisees are required to pay a royalty fee of 5% based on gross sales. Additionally, franchisees contribute 2% of their gross sales toward a national advertising fund, which helps promote the brand and drive customer awareness on a larger scale. This structure is designed to support franchisee success while maintaining the brand's visibility in a competitive market. Understanding these fees is crucial for prospective franchisees as they plan their financial commitments.

Company Mission

Aire Serv's mission is to provide exceptional HVAC services that enhance the comfort and safety of homes and businesses. The company is dedicated to delivering reliable, high-quality solutions while fostering long-term relationships with customers. Aire Serv emphasizes the importance of integrity, professionalism, and community involvement, striving to be the leading provider of HVAC services that customers can trust. Through continuous improvement and innovation, Aire Serv aims to exceed customer expectations and set industry standards.

Brand Story

Founded in 1992 by a team of HVAC professionals, Aire Serv began with a simple goal: to provide superior heating and cooling services to residential and commercial clients. Over the years, the brand has expanded its reach and developed a reputation for excellence in service and customer care. By prioritizing training, technology, and customer satisfaction, Aire Serv has grown into a respected leader in the HVAC franchise sector. The brand's commitment to quality and innovation has made it a preferred choice for homeowners and businesses alike, establishing a legacy of trust in the industry.

Frequently Asked Questions

The initial franchise fee for Aire Serv typically ranges from $35,833 to $90,174, with an average fee around $63,342, depending on the territory's population and any applicable discounts.