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Rapid Recovery
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%
Geographic Distribution:
U.S.:
13
100%
In 4 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
13
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. California
5
2. Illinois
1
3. Maryland
2
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:
$169-290K
Average Total Investment:
$230K
Fees:
Initial Franchise Fee:
$60-150K
Average Franchise Fee:
$105K
On-Going Royalty:
6%
Average Royalty:
6%
Advertising Fee:
NR
Average Number of Employees:
NR Full-time, NR Part-time
Space Needs (in square footage):
N/A
Preferred Sites:
Other Sites:
Light Industrial/Heavy Commercial Storage
Encourage Conversions?
Not Applicable
Earnings Claims Provided?
No
Listed in the SBA Registry?
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
