Humitech Franchise

Humidity control products

Start-up Costs & Franchises Fees

What is the total cost to open a Humitech Franchises?

Total Cost: $18,000 USD -$93,000 USD
Total Franchise Fees: $12,500-$75,000 USD
Ongoing Royalty Fees: 0
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $1K

Contact Information for Humitech

Humitech Franchise Corp. 15851 Dallas Pkwy., #410 Addison, TX 75001

Phone Number: (972)490-9393 Fax Number: (972)490-9220 Franchise Homepage:

Humitech In the Press

No results at this time.

Historical Expansion

In what year did Humitech begin operations? 2001
When did Humitech begin selling franchises? 2002

Year	United States	Canada	International	Corporate
2004	56	1	7	1
2003	44	0	5	1
2002	25	0	1	1
2001	Not Available	Not Available	Not Available	0
2000	Not Available	Not Available	Not Available	Not Available

Future Expansion

Countries of Interest:

Franchise Financing Information

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

3rd Party Financing Available? Financing Source(s): local banks

Training & Support

Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Safety and Security procedures, Field support and site evaluation

Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support

Franchise Operation Restrictions

This franchise can be run as a home based business franchise.

International franchise business owners required to buy multiple units/master licenses; 5% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 1 - 10

Absentee ownership of franchise is allowed. (95% of current franchise business owners are owner/operators)

Qualifications & Business Experience

Business Experience:

General business experience

Sales & marketing experience

Sales experience

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

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