PlumbingPro
PlumbingPro franchises offer comprehensive plumbing services for both commercial and residential properties. Known for reliable repairs and installations, PlumbingPro operates in the plumbing services industry.
PlumbingPro franchise FAQ
How much does it cost to open one — the total initial investment?
The total initial investment necessary to begin operation of a PlumbingPro franchise is estimated between $406,738 and $425,337. This includes an initial franchise fee of $147,500, among other costs for equipment and space [p.1, p.18].
What is the initial franchise fee?
The initial franchise fee is $147,500 and it is not refundable [p.12, p.58, p.17].
What are the ongoing royalty and advertising fees?
The ongoing fees include monthly royalty payments based on a percentage of franchisee sales, as well as continuing marketing fees also based on a percentage of franchisee sales. These fees are used exclusively for advertising the Pop-A-Lock System, Temperature ProSystem, and Plumbing Pro System to the general public. The specific percentages or amounts are not detailed in these excerpts. Advertising expenses are expensed by the company as incurred; the amounts vary annually, with $241,412 in 2022, $432,501 in 2023, and $464,629 in 2024. [p.177, p.154, p.133]
How long is the initial franchise agreement, and can I renew it?
The initial term of the franchise agreements is typically 10 years [p.176]. Subject to the Company's approval, a franchisee may generally renew the franchise agreement upon its expiration [p.131].
Can I sell or transfer my franchise, and what does that require?
According to [p.108], under Minnesota law, your ability to transfer the franchise is subject to the franchisor's consent, which cannot be unreasonably withheld. This isn't specified in the excerpts for other states.
On what grounds can the franchisor terminate the agreement?
The franchisor may terminate the agreement on any grounds available by law, as stated on [p.97]. However, specific grounds are not detailed in these excerpts.
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts.
Do I get an exclusive or protected territory?
Yes, you will be granted an exclusive right to operate within a defined Franchise Area, which must be approved by the Franchisor and is delineated by geographic ZIP code areas. [p.32]
What training and ongoing support does the franchisor provide?
The franchisor provides franchise rights, pre-opening services such as franchisee and sales training, and ongoing support. These are considered one performance obligation covered by the initial franchise fee paid. Revenue from this fee is recognized on a straight-line basis over the duration of the agreement. Additionally, the franchisor offers sales/employee training for an additional cost, which revenue is recognized upon completion of the training [p.132, p.153, p.176].
How many franchised outlets are there, and how many have closed or been terminated?
This isn't specified in the excerpts. The provided FDD does not give a specific number of franchised outlets or those that have closed or been terminated. However, it does mention that a list of all franchisees and their contact information is available on Exhibit H [p.33], while a separate list of terminated franchises from fiscal year 2025 can be found on Exhibit I [p.52].
Does the franchisor share any financial performance or earnings information?
The franchisor is permitted to provide financial performance information if there is a reasonable basis for it and if such information is included in the disclosure document [p.43]. However, they do not make representations about future financial performance or past performance of company-owned or franchised outlets, nor authorize their employees or representatives to do so [p.43]. If different financial performance information is provided, it must be based on actual records from an existing outlet or additional information about specific circumstances [p.43].
What am I restricted to selling, and where must I buy supplies?
You are not restricted from soliciting or accepting orders for service inside your defined territory [p.33]. However, you may have to buy or lease items from the franchisor or a limited group of suppliers the franchisor designates, which may be more expensive than similar items you could buy on your own [p.3] [p.17].