factual

What is the estimated purchase cost range for trucks and vans for a Benjamin Franklin Plumbing franchise?

Benjamin_Franklin_Plumbing Franchise · 2025 FDD

Answer from 2025 FDD Document

er equipment. The estimate is based on the list of recommended machinery, tools, and other equipment in our Operations Manual.

  • (9) You must own, lease or buy at least two vehicles (one service vehicle and one installation vehicle) that are operable and meet the requirements in the Operations Manual and are less than seven years old. 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. 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 vehicle

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, franchisees must own, lease, or buy at least two vehicles that meet specific requirements outlined in the Operations Manual and are less than seven years old. These vehicles include one service vehicle and one installation vehicle. The document provides estimated costs if a franchisee chooses to purchase these vehicles.

The FDD states that if a franchisee chooses to purchase the required vehicles, the estimated cost for trucks ranges from $30,000 to $60,000 each, while the estimated cost for vans ranges from $20,000 to $45,000 each. These vehicles must also be able to accommodate the basic inventory list, including shelving. Benjamin Franklin Plumbing must approve the vehicle design, and specific vehicle designs are required.

These figures are estimates based on Benjamin Franklin Plumbing's experience. Actual costs may vary. Franchisees with larger or multiple territories may need additional vehicles, which would increase the overall investment. The FDD also mentions approved vendors who can lease approved vehicles and signs at competitive prices, offering an alternative to purchasing.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.