Rapid Hose franchise fees for 2024:
Cash Investment: $50,000
Total Investment: $150,082 - $200,719 ($150k - 200k)
Minimum Net Worth: $150,000
Single Unit Franchise Fee: $45,000
Franchise Fee for Each Additional Unit: $85,000 for 2 unit,
$120,000 for 3 unit
Royalty: 6%
Ad Fees: 1% Brand Fund
Other Fees: 1% Local Marketing/Advertising
Average Number of Employees: 1 ("man in a van") // 3
Item 19: Yes
Visa Candidates: No
Passive Ownership: No
Semi-Passive Ownership: No
Home-Based: Yes
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes (5% discount of the initial franchise fee to
active members and honorably discharged Veterans of the US Armed
forces, including a spouse or widow of an active member or
honorably discharged Veteran)
No. Rapid Hose is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Yes. Rapid Hose is a home based franchise opportunity.
Click here to find out how much Rapid Hose franchisees make. Rapid Hose offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
No. Rapid Hose is not a master franchise opportunity.
Yes. Rapid Hose franchise does offer a veteran discount.
No. Rapid Hose franchise does not work with E2 Visa and EB-5 Visa candidates.
No. Rapid Hose franchise is not looking for Canada franchisees.
No. Rapid Hose franchise is not looking for International franchisees.
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.