LINC SERVICE

LINC SERVICE

Linc Service franchises enable the operation of businesses specializing in the maintenance, repair, and replacement of heating, ventilating, and air conditioning (HVAC) systems, equipment, and controls, using a proprietary Linc System that includes management methods, marketing techniques, software tools like LincWare, and trademarks. The business model grants franchisees rights to operate service establishments within defined primary or shared marketing areas, targeting owners and managers of commercial, industrial, institutional, and multifamily residential buildings. Primarily offered to existing HVAC professionals or qualified newcomers, franchisees compete in a developed market against independent contractors and manufacturers' service offices.

78
Locations
$67K–$140K
Investment
Since 2003
Franchising
ServicesCanonsburg, PAABM Industries Incorporatedwww.lincservice.comDisclaimer

Franchise Costs


Franchise Fee
$75,000
Item 5 of FDD
Initial Investment Range
$66,530 $140,050
Low: $66,530High: $140,050
Item 7 of FDD
Royalty Rate
4.50%
of gross sales
Brand Fund
N/A
Item 6 of FDD
Fixed Monthly Fees
$1,300
Item 6 of FDD

Tiered royalty 4.5% to 2.5% of gross revenues (starting at 4.5% for first $700k) with annual minimums + $0-$1,300/mo computer software maintenance fees

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: 75 Linc Service franchises in operation for the entire 12-month period of FY 2023

* Average gross revenue is taken directly from the 'ALL LSC AVG' column in the 'TOTAL' row of Table 1. Revenue top quartile is taken from the 'Revenue' for the '>7M' million revenue segment, and revenue bottom quartile is taken from the 'Revenue' for the '$0-3M' million revenue segment, as these represent the highest and lowest revenue segments respectively. Gross Profit is provided, but the document explicitly states that it does not reflect all costs needed to determine net income or profit, and no further information on operating expenses is provided to estimate a profit range. Therefore, net income, net profit, EBITDA, and best guess profit ranges are null.

Extracted Item 19 Section

How LINC SERVICE Compares


Key Insights

  • Lower investment than 90% of Home Services franchises
  • Higher than average SBA loan default rate in Home Services
FranchiseInvestmentFeeRoyaltyLocations
LINC SERVICE
Current
$67K – $140K$75K4.5%78
MERRY MAIDS$127K – $166K$55K7.0%933
HOLIDAY LIGHTING HEROES$150K – $177K$127K10.0%653
SIGN GYPSIES$4K – $5K$1KN/A587
MOSQUITO AUTHORITY$54K – $128K$45K10.0%546
Culligan$130K – $814K$40K2.0%460
Home Services Average
130 franchises
$144K – $289K$53K7.0%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 130 Home Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1TX
8
2NC
6
3NY
6
4CA
4
5GA
4
6WA
4
7SC
4
8LA
3
9MO
3
10MI
3
11OH
3
12TN
3
13OR
3
14AL
3
15OK
2

+25 more states

SBA Loan History


Historical SBA 7(a) loan data for LINC SERVICE franchisees (20182020)

Total Loans
4
Average Loan
$1,744,500
Total Volume
$7.0M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


38 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

38 Contacts Available

Unlock all LINC SERVICE franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
4
Non-Renewals
8
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
4

Frequently Asked Questions


The total initial investment to open a LINC SERVICE franchise ranges from $66,530 to $140,050. This includes a franchise fee of $75,000. Ongoing royalty fees are 4.5% of gross sales.

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