What Are My Startup Costs & Fees?
HOODZ is an affordable franchise opportunity in an underserved segment of the thriving restaurant industry
The restaurant industry is far more than serving up food to hungry customers, and restaurant owners aren’t the only ones who can earn a great living in the $838 billion restaurant industry. Because health, safety, food quality and cleanliness are involved, the restaurant industry is tightly regulated. The more than 60,000 restaurants in the United States have to comply with local, state and federal regulations that make the restaurant cleaning industry a wise choice for entrepreneurs who want to own a business that is recession-resistant.
This is why HOODZ, the nation’s leading restaurant cleaning franchise, is such a compelling brand. Restaurant owners are mandated by law to have their kitchen hoods routinely cleaned, and the fact that HOODZ is a nationally recognized brand known for exceptional service means that our franchise owners can form long-lasting relationships with their clients. This compliance-based business model is not only in-demand, it is also recurring, as restaurant owners want to rely on one provider to get the job done right.
HOODZ also benefits from being a part of BELFOR Franchise Group, the largest network of restoration and cleaning brands in the nation. BELFOR Franchise Group exists to help entrepreneurs thrive in business, and because of this commitment, we kept the initial and ongoing costs of ownership low. The total investment for owning a HOODZ franchise ranges from $183,838 to $231,992, and because our business model is effectively turn-key, you can launch operations and begin generating revenue quickly.
Our commitment to you doesn’t stop with the low costs of ownership. Your franchise fee gives you access to a comprehensive training and support platform unlike anything else in the industry. We will help you with everything from learning how to restore items using our methodology, how to work with the insurance companies to win business, ongoing marketing support, and ongoing financial coaching to ensure that your business continues to grow.
Financing is a great way to make franchising affordable. While BELFOR Franchise Group doesn’t offer financing directly, we do have relationships with third-party lenders to help make owning a business affordable. Being a part of BELFOR Franchise Group has the added advantage of making lenders feel comfortable and loaning money to a brand with a track record of success.
We offer discounts for military veterans. We value our military veterans and believe that they make exceptional franchise owners. Their proven ability to follow systems, processes and demonstrate leadership makes them ideal candidates for HOODZ. Because of this, we offer military veterans a discount on franchise ownership.
For a detailed overview of all of the costs and fees associated with owning a HOODZ franchise, please review Item 7 from our most recent Franchise Disclosure Document:
| Type of Expenditure | Low | High | ||
|---|---|---|---|---|
| Initial Franchise Fee | $59,900 | $59,900 | ||
| Initial Package Fee | $23,300 | $23,300 | ||
| Vehicle with Upfitting* | $79,000 | $87,000 | ||
| Food and Lodging While Training, Not Including the Cost of Your Transportation | $1,800 | $2,500 | ||
| Full Time Service Technician for 3 Months | $7,010 | $13,219 | ||
| Business Telephone Fee | $0 | $150 | ||
| Mobile Phone or Tablet | $120 | $360 | ||
| High Speed Internet, Anti-Virus Software and Electronic Mail | $267 | $477 | ||
| Computer System | $0 | $2,875 | ||
| Uniform Cleaning/Delivery | $0 | $540 | ||
| Insurance for the First 3 Months | $2,300 | $4,750 | ||
| Global Positioning System/Data Communications Services Fee | $60 | $111 | ||
| International Kitchen Exhaust Cleaners Association (IKECA) Annual Membership Fee | $0 | $1,175 | ||
| International Kitchen Exhaust Cleaners Association (IKECA) Certification Fee | $0 | $350 | ||
| Rent - 3 Months | $0 | $2,400 | ||
| Leasehold Improvements | $0 | $1,200 | ||
| Security Deposits/Utility Deposits | $0 | $950 | ||
| Accounting Software Fees | $81 | $135 | ||
| Licenses and Permits | $0 | $600 | ||
| Additional Funds - First 3 Months | $10,000 | $30,000 | ||
| TOTALS | $183,838 | $231,992 | ||
| *Can finance up to 50% of franchise fee | ||||
Ready to bring HOODZ franchise to your community?
If you’re ready to open an affordable kitchen exhaust cleaning franchise in your community, simply fill out the form on this site and begin a conversation. We can’t wait to learn more about you!
