What does the high end of the vehicle cost range assume for a Benjamin Franklin Plumbing franchise?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
- (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 high end of the vehicle cost range assumes that a prospective franchisee already owns one suitable vehicle but needs to lease an additional vehicle to meet the minimum requirement of two vehicles (one service vehicle and one installation vehicle). The vehicles must be less than seven years old, operable, and meet the requirements outlined in the Operations Manual.
Benjamin Franklin Plumbing requires specific vehicle designs and approval of the franchisee's vehicle design. Approved vendors can lease approved vehicles and signs at competitive prices. The vehicles must also accommodate the basic inventory list, including shelving, and conform to Benjamin Franklin Plumbing's specifications, including shelving, bins, storage drawers, and other items to support the machinery, tools, and equipment needed for the franchise operation.
Franchisees with larger or multiple territories may need additional vehicles, which would further increase the vehicle-related costs. Benjamin Franklin Plumbing also provides a vehicle wrapping allowance, covering up to $5,000 on a maximum of four vehicles at the time of signing the Franchise Agreement. Franchisees must purchase artwork for vehicle signage bearing the Marks from an approved vendor before opening their business, and once artwork proofs are approved, the cost is non-refundable.