- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$100K - $189K
- Units as of 2016
-
98
Company Overview
About Tegg Service
| Industry | Maintenance |
|---|---|
| Related Categories | Electrical Services, Home Repairs/Handyman Services, Miscellaneous Maintenance Businesses, Miscellaneous Services |
| Founded | 1993 |
| Parent Company | ABM Franchising Group LLC |
| Leadership | Scott Giacobbe, CEO |
| Corporate Address |
501 Technology Dr., #3000 Canonsburg, PA 15317 |
Business Overview
| Franchising Since | 1993 (31 years) |
|---|---|
| # of employees at HQ | 60 |
| Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: |
| # of Units | 98 (as of 2016) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Tegg Service 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
|
$65,000 - $75,000 |
|---|---|
|
Initial Investment
|
$100,280 - $188,932 |
|
Royalty Fee
|
2.5-4.5% |
|
Term of Agreement
|
6 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.
| In-House Financing | Tegg Service offers in-house financing to cover the following: franchise fee |
|---|
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 | Varies |
|---|---|
| Classroom Training | Varies |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Security & Safety Procedures
Field Operations
|
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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