What does the estimate for vehicle equipment for a Benjamin Franklin Plumbing franchise based on?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
her office furniture and equipment. The low end of the range assumes that you already have most of the necessary equipment.
- (8) You will need to equip your vehicles with machinery, tools and other equipment. The estimate is based on the list of recommended machinery, tools, and other equipment in our Operations Manual. The low end of the range in the table assumes that you have most of the necessary equipment.
- (9) You must own, lease or buy at least two vehicles (one service vehicle and one installation vehicle) that are operable, meet the requirements in the Operations Manual, and are less than seven years old. The low end of the range in the table assumes that you already own two suitable vehicles; the high end of the range in the table assumes you have one vehicle but that you have to lease an additional vehicle. The vehicles must be able to accommodate the basic inventory list, including shelving. Only specific vehicle designs will be allowed and we must approve your vehicle design. We have approved vendors who can lease approved vehicles and signs at competitive prices. Franchisees with a larger territory or multiple territories may require additional vehicles.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 28–37)
What This Means (2025 FDD)
According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, the estimate for vehicle equipment is based on a list of recommended machinery, tools, and other equipment found in their Operations Manual. The FDD states that franchisees must equip their vehicles with the necessary machinery, tools, and other equipment to operate their Benjamin Franklin Plumbing franchise.
The estimate also considers whether a franchisee already possesses some of the necessary equipment. The low end of the estimated range assumes that the franchisee already has most of the required equipment. Franchisees must own, lease, or buy at least two vehicles (one service vehicle and one installation vehicle) that are operable, meet the requirements in the Operations Manual, and are less than seven years old.
The vehicles must accommodate a basic inventory list, including shelving, and Benjamin Franklin Plumbing must approve the vehicle design. The document also mentions approved vendors who can lease approved vehicles and signs at competitive prices. Franchisees with larger or multiple territories may need additional vehicles. The estimate in the table assumes that you lease two vehicles and covers the up-front lease costs and the first month's lease payment. If you choose to purchase, truck costs may range from $30,000 to $60,000 each, and van costs may range from $20,000 to $45,000 each.