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Home >> Building & Construction >> Construction & Remodeling
| Rapid Recovery 8971 W. Bloomfield Rd. Peoria, AZ 85381 |
Submit an online form to receive information from Rapid Recovery.
|
Business Description
Rapid Recovery is the nation's leading refrigerant abatement company. We provide refrigerant abatement services for the HVAC, refrigeration, demolition, and marine industries. Projects range in size from single residential split systems to chilling systems operating on tens of thousands of pounds, to projects with thousands of units. Rapid Recovery's franchise owners are dedicated to high-speed EPA compliant refrigerant abatement as a value added service to their customers.
Franchisor Background
Year Established: 2002
Franchising Since: 2004
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Average Number of Employees: NR Full-time, NR Part-time
Space Needs (in square footage):
Preferred Sites:
Other Sites: Light Industrial/Heavy Commercial Storage
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
Rapid Recovery is the nation's leading refrigerant abatement company. We provide refrigerant abatement services for the HVAC, refrigeration, demolition, and marine industries. Projects range in size from single residential split systems to chilling systems operating on tens of thousands of pounds, to projects with thousands of units. Rapid Recovery's franchise owners are dedicated to high-speed EPA compliant refrigerant abatement as a value added service to their customers.
Franchisor Background
Year Established: 2002
Franchising Since: 2004
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 12 | 92.3% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 7.7% | |||||||||||||||||||||||||||||
Total Operating Units: | 13 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. California | 5 |
| 2. Maryland | 2 |
| 3. Illinois | 1 |
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $100K |
| Cash Investment: | $60-150K |
| Total Investment: | $85-325K |
| Average Total Investment: | $205K |
| Fees: | |
| Initial Franchise Fee: | $60-150K |
| Average Franchise Fee: | $105K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | NR |
Space Needs (in square footage):
Preferred Sites:
Other Sites: Light Industrial/Heavy Commercial Storage
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 2 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 5 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 0 | ||||||||
| Site Selection Assistance? | Not Applicable | ||||||||
| Lease Negotiation Assistance? | Not Applicable | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | Yes | ||||||||
| National Advertising: | Yes | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | Ad Slicks, Brochures, Direct Mailers, Promotional Items | ||||||||
| Additional Services: | Online Extranet, Press Releases, Sales Strategies | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Not Applicable | ||||||||
| Field Training: | At Additional Cost | ||||||||
| Initial Store Opening: | Not Applicable | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Not Applicable | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Peoria, AZ | 2 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Rapid Recovery.
|
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