Linc Service

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources

    Linc Service is a franchise network of commercial HVAC contractors that provides preventive maintenance, repair, and replacement services for heating, ventilation, and air conditioning systems. Its customers include commercial, industrial, institutional, and multifamily building owners and operators seeking building systems maintenance and HVAC services.

    Headline figures

    Linc Service quick facts

    Is Linc Service a franchise?
    Yes. Linc Service offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 71 franchised and 32 company-owned outlets (2026 FDD, Item 20, PDF p. 47).
    How much does it cost to open a Linc Service franchise?
    The Linc Service Franchise Disclosure Document reports an estimated initial investment of $66,530 (2026 FDD, Item 7, PDF p. 17). This is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does Linc Service charge?
    The disclosed ongoing royalty is 2.5% (2026 FDD, Item 6, PDF p. 12). Other recurring fees are listed in Item 6. Details
    Does Linc Service disclose financial performance (Item 19)?
    Yes. The Linc Service FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 45). Figures apply only to the locations and period each one covers. Details
    How many Linc Service locations are there?
    The FDD reports 103 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 47). Existing locations do not indicate territory availability. Details
    Is Linc Service a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 lists every recurring fee beyond royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $66,530 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 5 separate groups: adjusted operating results for 76 Mixed:57 independent third-party franchises and19 affiliate-held franchises locations; adjusted operating results for 14 Mixed:57 independent third-party franchises and19 affiliate-held franchises locations; adjusted operating results for 8 Mixed:57 independent third-party franchises and19 affiliate-held franchises locations; adjusted operating results for 14 Mixed:57 independent third-party franchises and19 affiliate-held franchises locations; adjusted operating results for 40 Mixed:57 independent third-party franchises and19 affiliate-held franchises locations. They are not combined.
    3. 3Outlets declined by 7 in 2025, to 103 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Linc Service head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2026 FDD · Item 7 · PDF p. 17

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty schedule lowest rate — 2.5% of Gross Revenues, subject to minimumsMain ongoing fee

    57 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    5 separate populations, shown apart. Revenue is not owner income.

    76 locations

    Adjusted operating results · 76 locations

    Adjusted company-owned results: the franchisor adjusted these centers' expenses to estimate franchisee costs. They are not observed franchisee results or owner take-home income.

    Who is counted
    Linc Service franchises, domestic and specified foreign countries — All
    Period
    All percent
    Excluded
    28 domestic franchises:13 terminated in FY2024,15 did not supply financial statements/equivalent data. Main Table1 page44 has no extracted cells.
    Method
    Unaudited franchisee data; adjusted for differing reporting calendars. Gross profit revenue minus total cost of sales including allocated burden; other overhead not deducted. FY2025 data not yet available.

    These groups are never combined. Adjusted company-owned operating results cannot be divided by franchised revenue to calculate a franchisee profit margin.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of FY ending October31,2025 of each year.

    2026 FDD · Item 20 · PDF p. 47

    Net −18 outlets, 2023–2025

    0121202311020241032025−11−7

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($66,530) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units decreased from 110 to 103 in 2025. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 17
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Linc Service franchises, domestic and specified foreign countries — All · PDF p. 45
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Linc Service franchises, domestic and specified foreign countries — $0-3M milli… · PDF p. 45
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Linc Service franchises, domestic and specified foreign countries — $3-5M milli… · PDF p. 45
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Linc Service franchises, domestic and specified foreign countries — $5-7M milli… · PDF p. 45
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Linc Service franchises, domestic and specified foreign countries — > $7M milli… · PDF p. 45
    7. [7]Outlet counts — Item 20, Table 1 · PDF p. 47

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    107 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025costs incurred in excess of amounts billed$194
    2025prepaid expenses$91
    2025other current assets$79
    2025total current assets$1,939
    2025right-of-use assetsMore than one value recorded for this year — open the FDD source before comparing$95
    2025goodwill$2,591
    2025other noncurrent assetsMore than one value recorded for this year — open the FDD source before comparing$176
    2025total assets$5,270
    2025equity current liabilities current portion of debt, net$29
    2025trade accounts payable$401
    2025accrued compensation$195
    2025deferred revenue$75

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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