About One Hour Heating and Air Conditioning Franchise
One Hour Heating & Air Conditioning is an HVAC franchise under One Hour Air Conditioning Franchising SPE LLC, part of the AB Assetco brand portfolio.
The franchise provides professional heating and air conditioning services including system installation, repair, maintenance, and emergency service calls for residential and commercial clients.
The franchise fee ranges from $28,839 to $71,052 depending on the territory and market.
One Hour Heating and Air Conditioning Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $28,839 to $71,052 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | The purpose of the Brand Fund is to support general development and recognition | National brand fund |
| Total Investment Range | $61,392 – $137,776 | Includes build-out, inventory, working capital |
The investment range of $61K–$138K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Revenue) and marketing fee (The purpose of the Brand Fund is to support general development and recognition ) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Franchise Fee(2) | $0 | $0 |
| Rent/Lease of Real Estate(3) | $0 | $12,000 |
| Leasehold Improvements(4) | $2,500 | $4,000 |
| Computer and Technology Systems(5) | $0 | $2,000 |
| Software(6) | $2,992 | $4,676 |
| Office Furniture and Equipment(7) | $1,000 | $2,500 |
| Machinery, Tools and Equipment(8) | $1,000 | $5,000 |
| Vehicles(9) | $3,600 | $7,200 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 |
| Renewal Fee | $5,000 |
| Technology Fee | $1,197 |
| Audit Fee | Payable only if: (a) you did not submit Gross Revenue statements; (b) you did no |
| Local Marketing (“LM”) and/or Cooperative | $36,000 |
| Territory Infringement Fee | First Violation: Written Warning Second Violation: 15% of the Gross Revenue of t |
| Additional Opening Support Fee | $500 |
| Training Fees – Pre- opening | $1,000 |
| Training Fees – Remedial and Optional Training | $1,500 |
| Non-attendance Fee | $2,000 |
| Call Center Fee | All telephone calls to the Franchised Business must be answered by a “live” voic |
| Change of Ownership Fee | $500 |
| Procurement of Insurance | Cost of insurance, plus reasonable fee of up to 25%of total insurance premium co |
| Management Fee | $500 |
| Step In Fee | $500 |
| Interest | 12% per annum or the maximum rate permitted by applicable law, whichever is less |
| Late Fee | $100 |
| Insufficient Funds Fee | $50 |
| Non-compliance Fee | 1% of Gross Revenue |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | You can renew the Franchise Agreement for one additional term of 10 years if you meet certain conditions. |
| Termination for Cause | See g. and h. below. In addition, your default under any other agreement that you or an affiliate has with us or our affiliates will constitute a default, subject to any applicable provisions for noti |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
One Hour Heating and Air Conditioning Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
One Hour Heating and Air Conditioning Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
One Hour Heating and Air Conditioning System Growth
One Hour Heating and Air Conditioning currently operates 33 franchised locations and 321 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 321 | ||
| 2020 | 33 | ||
| 2020 | 354 | ||
| 2021 | 340 | ||
| 2021 | 33 | ||
| 2022 | 351 | ||
| 2022 | 33 |
One Hour Heating and Air Conditioning Franchise — FAQ
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