What does a Harding’s® Franchise cost?
A major benefit of investing in a franchise is getting the acumen of the entire franchise family. You get to receive the benefit of skipping passed mistakes made by previous business owners and get right to business. A Harding’s Franchise Partner is part of the #DitchtheDiY revolution family. It’s a support network like none other.
Harding’s works with you to achieve the lowest possible opening cost. After all, it is about making you profitable, there is no need to bloat your opening costs on unnecessary capital costs. We get you where you need to be efficiently, so you can start making money as soon as possible.
Start Up Costs and Franchise Investment
NOTE: These are estimated costs for an individual only, Harding’s Services Inc. cannot guarantee the exact costs of opening each individual painting and or handyman franchise. Multiple franchises purchased together will vary in cost. Estimates are compiled using previous Harding’s licenses or franchises. Your franchise may vary based on, the present-day economy and various other factors beyond Harding’s Services Inc. control.
Ongoing costs to consider with your franchise…
There are few banking fees to consider. HSI accepts all payments on behalf of the franchise partners, therefore HSI recovers these bank fees from the franchise partners. These include credit card fees and transfer fees to accept and process Electronic Fund Transfers (“EFT”). Ask us for details.
HSI utilizes third party software systems to integrate our lead funnel directly into the estimating and CRM funnels. Software charges range from $50CAD to $200 CAD per month depending on the number of users in your system.
The Hardings system is unique compared to other franchise systems and utilizes a flat franchise royalty fee of 12% of gross sales. Royalties are calculated and paid weekly. All payments received by HSI are paid out to the franchise partners every Wednesday* at the difference of the total of gross sales collected less the franchise royalties. All payment made to the franchise partners are directly by EFT to their financial institution.
There are various local market initiatives that are encouraged, such as; local signage, door knockers, bus benches, vehicle decals. To name a few. Ask for details..
You will be using a vehicle with HSI graphics and will require the proper insurance through your company with HSI listed as an additionally insured party.
A cellular telephone is a necessity in this business to be able to connect with clients quickly and efficiently. We also suggest a data plan that is sufficient to either include tethering for a laptop or tablet in order to do real-time estimates with your clients
NOTE: These are estimated costs for an individual only, Harding’s Services Inc. cannot guarantee the exact costs of operating each individual painting and or handyman franchise. Estimates are compiled using previous Harding’s licenses or franchises operations. Your franchise may vary based on, the present-day economy and various other factors beyond Harding’s Services Inc. control.
*Subject to change based on market conditions. Regardless, payments are made weekly but may be changed to adjust for such things as holidays and/or month end dates.