Here’s what you need to know if you’re interested in opening a John H Appliance Repair franchise.
When it comes to appliance repair in North America, John H. Appliance Repair may be one of the first companies that come to mind. The premiere home and commercial appliance repair brand began in 1996 and has since grown to over 290 locations in the U.S. and Canada.
John H. Appliance Repair has polished its franchise system for over two decades, striving to help people achieve true financial independence by giving them a business framework that has proven itself many times. If you’re looking for a new opportunity, or you would like to convert an existing appliance repair business, John H. Appliance Repair can provide you with expert resources and the support you need to get started.
Why You May Want to Start a John H. Appliance Repair Franchise
The appliance service industry is often considered to be fairly stable. You may even see growth during an economic downturn as customers may choose to repair rather than buy a new appliance. Customers need pros to keep their machines in good working condition. With a John H. Appliance Repair franchise, you may be able to provide them with those pros.
With the John H. Appliance Repair brand’s strength, you may enjoy a successful franchise that seeks to support your local community. John H. Appliance Repair has been ranked in Entrepreneur’s Franchise 500 many times in the past several decades. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
John H. Appliance Repair may be built for innovation, scalability, and repeat business. If you need financing, the John H. Appliance Repair franchise team may be ready to help, as it has partnered with third-party sources that may help its franchisees cover the franchise fee, startup costs, equipment, inventory, and payroll.
What Might Make a John H. Appliance Repair Franchise a Good Choice?
To be part of the John H. Appliance Repair team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees.
One possible investment edge of becoming a John H. Appliance Repair franchisee is that the company is part of the John SEO system. John SEO® is the power behind some of the biggest and most rapidly expanding home service brands in Canada. John H. Appliance Repair has the advantage of cross-marketing to other John SEO brands in any given location.
How to Open a John H. Appliance Repair Franchise
The first step to becoming a John H. Appliance Repair franchisee is filling out an inquiry form.
Qualified applicants are usually invited to attend a meet-the-team day at company headquarters in Waco, Texas, where you will be briefed on their operations, marketing strategies, technologies, and more. Take this opportunity to speak with existing franchisees and ask questions to the John H. Appliance Repair team about their experiences. If you meet the brand’s requirements, you may qualify to open a John H. Appliance Repair franchise, and you can get started with an initial investment.
If you decide to open a John H. Appliance Repair franchise, you’ll typically get started on a training program to prepare for opening your business. The company often assigns a coach to guide its franchisees, not only as they get ready to begin operations but throughout their ownership tenure. Will you repair your John SEO with a John H. Appliance Repair franchise?
Information for Franchisees
Here’s what you need to know if you’re interested in opening a John H. Appliance Repair franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee $53,125Initial Investment
$80,925 – $158,640Net Worth Requirement
$200,000 Cash Requirement
$85,000 Veteran Incentives 15% off franchise fee
Royalty Fee 5-7%
Ad Royalty Fee 2%
Term of Agreement 10 years franchise term renewable? Yes
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.Third Party Financing John H. Appliance Repair has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses. On-The-Job Training 8-40 hours classroom Training 77.6 hours additional Training Four regional meetings per year; annual reunion going Support
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet PlatformMarketing Support
Marketing Planning & Support
John H Appliance Repair Experts
Appliance Repair Franchisees in Edmonton
We are an Established Appliance Company in Canada, Edmonton Alberta – Certified Journeyman Technician
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Author: Yevgen Zayets