iNITIAL iNVESTMENT
The total investment necessary to begin operation of an HHO Carbon Clean Systems within a single territory is $87,750 to $154,000. Here is a list including the largest startup expenses for an HHO Carbon Clean System franchise. A more complete list is found in our Franchise Disclosure Document.
|
Type of Expenditure
|
Amount
|
When Due |
To Whom Payment is Made
|
|
Initial Franchise Fee (Note 1)
|
$30,000 | When Franchise Agreement is signed | Us |
|
Service Vehicle (Note 2)
|
$5,100 – $41,000 | As incurred | Suppliers |
|
Service Vehicle Initial Equipment Package
|
$29,450 – $37,950 | As incurred | Us or Affiliates |
| Initial Equipment Installation | $3,000 – $6,000 | As incurred | Us or Affiliates |
| Service Vehicle Wrap | $1,500 – $2,500 | As incurred | Us or Affiliates |
| Additional Funds – 3 months | $18,700 – $36,500 | As incurred |
Us, employees, suppliers, landlord, utility suppliers
|
| Total Estimate | $87,750 – $154,000 | ||
Note 1: Initial Franchise Fee (IFF) – The Initial Franchise Fee is $30,000 for a single franchise to operate a HHO Business within a designated Operating Territory for a ten year term. We do not offer direct or indirect financing.
Note 2: Service Vehicle – Typical service vehicles we approve include cargo vans with a model year of 2019 or later, such as Ford Transit or Ram ProMaster cargo vans, or other vehicles as designated by us in the Manuals. This estimate includes the cost of shipping of your service vehicle. If the franchisee elects to finance or lease the service vehicle, we estimate that the initial upfront expenses including initial down payment, taxes and expenses to be approximately $5,100 with a down payment and three estimated monthly finance or lease installments on a 60-month repayment plan or lease.
FINANCIAL DETAILS
- Franchise Fee: Single: $30,000
- Providing earnings guidance in Item 19 in FDD: No
- Total investment range: $87,750 – $154,000
- Net worth requirement: $150,000
- Royalty: 6-8%
- Brand Development Fund: 2%
- Financial assistance available: Yes
- VetFran program: No but we do offer a 10% discount to Veterans
READY TO GET STARTED?
Provide hydrogen energy solutions by beginning with HHO Carbon Clean Systems.
Give us a call at (703) 944-1382.
Send us an e-mail: franchiseinfo@hhocarboncleansystems.com