- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$99K - $198K
- Units as of 2020
-
19 26.7% over 3 years
Company Overview
About Apex Energy Solutions
| Industry | Home Improvement |
|---|---|
| Related Categories | Miscellaneous Home-Improvement Businesses, Building & Remodeling, Miscellaneous Maintenance Businesses |
| Founded | 1998 |
| Leadership | Michael Foit, Founder and CEO |
| Corporate Address |
11644 N. Michigan Rd. Zionsville, IN 46077 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 2015 (9 years) |
|---|---|
| # of employees at HQ | 11 |
| Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: |
| # of Units | 19 (as of 2020) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Apex Energy Solutions franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$25,000 |
|---|---|
|
Initial Investment
|
$98,850 - $197,500 |
|
Cash Requirement
|
$50,000 |
|
Royalty Fee
|
7% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Apex Energy Solutions has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 32 hours |
|---|---|
| Classroom Training | 88 hours |
| Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Social Media
SEO
Website Development
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
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