Benjamin Franklin Plumbing Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$43,000
Investment required
$74,000 - $274,000
Benjamin Franklin Plumbing: Leading the Way in Punctual Plumbing Services
Benjamin Franklin Plumbing, founded in 2000, is a well-established name in the plumbing industry. Headquartered in Sarasota, Florida, the franchise began offering franchising opportunities in the same year it was founded.
The franchise stands out for its commitment to punctuality and customer satisfaction, which are core elements of its brand identity. Known as "The Punctual Plumber," Benjamin Franklin Plumbing guarantees timely service, ensuring that customers' schedules are respected, and any delays are compensated.
This unique selling point, along with a comprehensive service offering that includes emergency plumbing, repairs, installations, and maintenance, helps differentiate the brand from its competitors. Benjamin Franklin Plumbing is part of Authority Brands, a leading provider of in-home services.
The franchise's success can be attributed to its strong focus on service quality and customer experience. Each location is locally owned and operated, allowing franchisees to offer personalized services while benefiting from the credibility and support of a national brand.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Benjamin Franklin offers 2 types of franchises:
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| Franchise | Type | Initial Investment |
| BENJAMIN FRANKLIN PLUMBING | Conversion franchise | $73,992 to $188,476 |
| BENJAMIN FRANKLIN PLUMBING | Start up Franchise | $130,392 to $274,076 |
We are summarizing below the main costs associated with opening a Benjamin Franklin Start up franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Benjamin Franklin Start up franchise
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| Type of Expenditure | Amount |
| Franchise Fee | $43,000 |
| Rent/Lease of Real Estate | $3,000 - $9,000 |
| Leasehold Improvements | $1,000 - $4,000 |
| Computer Systems | $800 - $3,000 |
| Software | $2,992 - $4,676 |
| Office Furniture and Equipment | $1,500 - $4,000 |
| Machinery, Tools and Equipment | $3,000 - $10,000 |
| Vehicles | $8,000 - $15,000 |
| Vehicle Upfitting | $0 - $5,000 |
| Signage for Vehicles | $0 - $8,000 |
| Office Signage | $1,000 - $5,000 |
| Travel Expenses for Initial Training | $2,500 - $5,000 |
| Initial Vehicle Inventory | $2,500 - $8,000 |
| Insurance | $4,000 - $8,000 |
| Start-up Supplies | $2,500 - $5,000 |
| Professional Fees and Licensing | $4,500 - $20,000 |
| Vehicle Registration Fees | $2,200 - $4,400 |
| Decals for Consumer Units | $300 - $500 |
| Telephone Services | $300 - $500 |
| Personal Tools for Technicians | $1,000 - $3,000 |
| Full Time General Manager / Operations Manager | $0 - $25,000 |
| Initial Marketing Funds | $12,000 - $24,000 |
| Additional Funds (3 months) | $35,000 - $60,000 |
| TOTALS | $131,092 - $274,076 |
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Franchise Disclosure Document
Training
Benjamin Franklin Plumbing Franchise offers comprehensive training programs designed to equip franchisees with the necessary skills and knowledge to run a successful plumbing business. These training programs cover both technical and business aspects, ensuring that franchise owners are well-prepared to handle the demands of the industry.
1. Technical Training:
- Hands-On Training: Franchisees and their teams undergo extensive hands-on training to master various plumbing techniques and services. This training includes everything from basic plumbing repairs and installations to advanced diagnostics and problem-solving skills.
- Certification Programs: The franchise provides certification programs to ensure that all technicians meet industry standards and are qualified to perform high-quality work. This includes training on the latest tools, technologies, and best practices in the plumbing industry.
2. Business Training:
- Operational Training: Franchisees receive detailed training on the day-to-day operations of running a plumbing business. This includes managing appointments, customer service protocols, and efficient use of business management software.
- Marketing and Sales: The franchise offers training on effective marketing strategies and sales techniques. This includes local marketing campaigns, online advertising, customer retention strategies, and leveraging the Benjamin Franklin Plumbing brand to attract and retain customers.
- Financial Management: Training also covers financial aspects such as budgeting, financial planning, and managing expenses. Franchisees learn how to maintain profitability and achieve long-term financial stability.
Territory Protection
Benjamin Franklin Plumbing franchise provides territory protection to its franchisees, ensuring that each franchisee has a defined geographical area where no other franchisee can operate.
This exclusive territory is designed to maximize the franchisee's market potential and reduce direct competition from other franchise locations within the same brand. By offering territory protection, Benjamin Franklin Plumbing helps franchisees build a loyal customer base and establish a strong presence in their designated areas.
This protected territory allows franchisees to focus on growing their business without the concern of overlapping service areas. It also ensures that marketing efforts are more effective, as franchisees can target their advertising and promotional activities within a specific region.
