MRCOOL FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for a MRCOOL® Distribution Center, a warehouse distribution center that distributes “MRCOOL” branded heating, ventilation, and air conditioning (“HVAC”) products, provides HVAC installation services, HVAC equipment servicing, and other products and services. They offer individual unit Center franchises and area development franchises for the development of multiple Centers within a designated territory.
Corporate Information
MRCOOL Franchising, LLC is a Kentucky limited liability company established on August 20, 2021. Their principal place of business is 64 Remington Way, Hickory, Kentucky 42051. They began offering franchises as of February 28, 2023.
Investment
The total investment necessary to begin operation of a MRCOOL Center under a franchise agreement is $1,177,676 to $6,933,902. This includes $723,486 to $5,927,119 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of a MRCOOL Center under a Multi-Unit Development Agreement is $1,222,676 to $7,098,902. This includes 723,486 to $5,927,119 that must be paid to the franchisor or its affiliates, along with a $40,000 to $45,000 development fee for each additional Center established under the Multi-Unit Development Agreement.
