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Monday
Jun072010

Hoodz Franchise

Restaurant hood cleaning

HOODZ is a Perfect Opportunity

HOODZ is proud to emerge as the first national brand backed by leading service industry providers. Poised for aggressive
growth, the HOODZ franchise opportunity will provide business owners with the proven system, brand equity, training
and support that no one else is offering. In consistently keeping commercial kitchens compliant with NFPA Standards,
HOODZ solidifies its position as a viable, and essential concept with unlimited expansion opportunities.

* Repeat, predictable business with repeat predictable revenue
* Nationwide accounts to complement local accounts
* Great complement to air duct cleaning and HVAC restoration
* Minimal equipment investment
* Recession-resistant needs-based business

Start-up Costs & Franchises Fees

What is the total cost to open a Hoodz Franchises?

Total Cost: $68,500-$88,500
Total Franchise Fees: $13,600-$44,900
Ongoing Royalty Fees: 10%
Ongoing Advertising Fees: Not Available

Contact Information for Hoodz

Hoodz
731 Fairfield Ct
Ann Arbor, MI
48108

Phone Number: 734-864-9799
Toll Free: 888.514.6639
Fax Number: 734.864.9798

Franchise Homepage:

Hoodz In the Press

No results at this time.

Historical Expansion

In what year did Hoodz begin operations? 2008
When did Hoodz begin selling franchises? 2009

Year United States Canada International Corporate
2009 40 0 0 1
2008 0 0 0 1

Future Expansion

United States: Nationwide

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee Yes No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Other Sources for Financing: Offering Financial Assistance: Up to $15,000 USD for Single Territory

Training & Support

Training
Available at headquarters:
One week Technical/ Business Administration
Support
Annual meetings
Advanced level training
Marketing
National advertising and public relations

Franchise Operation Restrictions

* Franchise can be run from home * 13% of all franchise business owners own more than one franchise location. * Number of employees needed to run franchised unit: Two * Absentee ownership of franchise is allowed

Qualifications & Business Experience

Business Experience:Net worth requirement: $100,000 USD Cash liquidity requirement: $10,000 USD - $30,000 USD

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.