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Description

How to Open a Linc Service Franchise?

To begin your journey as a Linc Service franchisee, you must first complete an initial franchise application. Upon approval, you’ll review the Linc Service operations manual and participate in training sessions. Following this, you may be invited to visit an existing franchise location to gain insights into daily operations. Once you’re equipped with the necessary knowledge and resources, you’ll finalize your franchise agreement and secure your territory to start offering HVAC services.

What Makes a Linc Service Franchise a Smart Investment?

Before committing to a Linc Service franchise, it’s crucial to conduct thorough research. This includes evaluating your local HVAC market and understanding the franchise’s financial requirements, which consist of an initial franchise fee of $75,000, along with ongoing royalty fees that range from 4.5% to 2.5% based on your revenue levels. The franchise also provides robust training and support, which can help mitigate risks and enhance your chances of success in a competitive market.

Why Choose Linc Service as Your Franchise Opportunity?

Linc Service specializes in the maintenance and repair of HVAC systems, a critical service for commercial and industrial facilities. Franchisees benefit from a well-established brand, comprehensive training programs, and proprietary software that streamlines operations. The HVAC sector is experiencing steady growth, driven by increasing demand for energy efficiency and system upgrades, making Linc Service a compelling option for aspiring business owners looking to tap into this lucrative market.

Is a Linc Service Franchise Right for You?

Owning a Linc Service franchise requires a combination of technical knowledge, strong management skills, and a commitment to customer service. Given the franchise’s focus on HVAC maintenance and repair, potential franchisees should have or be willing to acquire relevant industry experience. The franchise system has a proven track record, with a significant percentage of franchises generating over $3 million in revenue annually. If you are ready to invest time and resources into this business, Linc Service could be a rewarding venture.

Linc Service 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

2012
The main organization that owns the franchise brand.

Parent Company

ABM Franchising Group LLC
The key individuals guiding the franchise’s strategy and growth.

Leadership

Scott Giacobbe
The official business address of the franchisor’s headquarters.

Corporate Address

501 Technology Drive, Suite 3000, Canonsburg, Pennsylvania 15317
The total amount required to launch the franchise.

Initial Investment

$65,000 - $136,000
The initial fee paid to join the franchise system.

Franchise Fee

$75,000
Ongoing percentage of revenue paid to the franchisor.

Royalty Fee

4.50%
Regular contribution toward the franchise’s advertising fund.

Marketing Fee

0%
The minimum liquid capital you must have on hand.

Cash Required

$65,000 - $75,000
The minimum total assets (minus liabilities) you must possess.

Net Worth Required

$250,000 - $500,000
The typical yearly revenue generated per franchise location.

Average Revenue

$5,166,639
The middle value of yearly revenue among franchise locations.

Median Revenue

$3,750,000
The smallest reported annual revenue among franchisees.

Lowest Revenue

$0.0
The largest reported annual revenue among franchisees.

Highest Revenue

$7,000,000
The estimated timeframe to recover your initial costs.

Breakeven Time

12 Months
The estimated period to recoup your total investment.

Investment Payback

12 Months

Linc Service 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

121
The number of locations owned by independent franchisees.

Franchised Units

89
The number of locations owned and run by the franchisor.

Corporate Units

32
Units 2021 2022 2023
Total Units 133 133 121
Net Change YoY 0 -12
Franchised Units 101 101 89
Net Change YoY 0 -12
Corporate Units 32 32 32
Net Change YoY 0 0

Company Background

Linc Service is a franchise chain that specializes in the maintenance, repair, and replacement of heating, ventilating, and air conditioning (HVAC) systems, primarily for commercial, industrial, and institutional clients. Founded in the early 1980s, Linc Service has developed a comprehensive system known as the "Linc System," which encompasses efficient methods for managing, marketing, and operating HVAC service businesses. The company is a subsidiary of ABM Industries, a leading provider of integrated facility solutions in the United States.

Franchise Opportunity

Owning a Linc Service franchise offers a unique opportunity for individuals looking to enter or expand in the HVAC service industry. The franchise provides extensive training and support, including operational systems and marketing strategies. Franchisees can expect to establish a business that caters to a growing market, with the potential for significant revenue generation through maintenance contracts and emergency repair services.

Corporate Structure

Linc Service operates under the corporate umbrella of ABM Industries Incorporated. The company has a structured franchise system that allows franchisees to operate independently while benefiting from the branding and operational support of a well-established corporation. The franchise agreement grants franchisees the rights to use Linc's proprietary marks and to operate under the Linc System, ensuring compliance with established standards and practices.

Royalties

Franchisees are required to pay a monthly royalty fee based on their gross revenues. The royalty fees are structured as follows: 4.5% on the first $700,000 of gross revenues, 4.0% on revenues from $700,001 to $1,400,000, 3.5% on revenues from $1,400,001 to $2,100,000, and decreasing percentages for higher revenue brackets. Additionally, there is a minimum annual royalty fee that escalates each year, starting at $18,000 in the first year and increasing to $58,000 by the sixth year.

Company Mission

Linc Service's mission is to deliver high-quality HVAC services while promoting energy efficiency and sustainability. The company aims to enhance customer satisfaction through reliable service delivery, technical expertise, and a commitment to best practices in HVAC maintenance and repair. Linc Service strives to be a leader in the industry by continuously improving its operational methods and customer engagement strategies.

Brand Story

Linc Service began its journey in the early 1980s as a franchise dedicated to delivering exceptional HVAC services. Over the years, it has built a reputation for quality and reliability within the industry. The brand's focus on comprehensive training and operational excellence has allowed it to expand significantly, with numerous franchise locations across the United States. Linc Service is not just a service provider; it represents a commitment to innovation and customer care in the HVAC industry.

Frequently Asked Questions

The initial franchise fee for a Linc Service franchise ranges from $65,000 to $75,000, depending on the payment option chosen. Additional startup costs could lead to an estimated total initial investment of approximately $66,530 to $136,000 .