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4EverCharge is an electric vehicle charging franchise based in Newport News, Virginia. Franchisees hold the rights to place EV chargers at multifamily, commercial and fleet properties within a territory and earn revenue from each charging session. The company works with an electrical contractor, Bay Electric Co., the charger manufacturer EverCharge and The Franchise Consulting Company, and provides site selection, installation, maintenance and customer support.
Franchisees identify host properties such as apartments, condos, hotels and commercial sites, arrange charger installation through the company's turnkey process, and collect revenue from charging sessions once the chargers are operating.
The brand hasn't published who does well as an owner. Ask your coach on your intro call.
| Fee | Amount | When it's paid | Source |
|---|---|---|---|
| Initial franchise fee | From the FDD | Once, at signing | Item 5 |
| Royalty | From the FDD | Ongoing | Item 6 |
| Marketing fee | From the FDD | Ongoing | Item 6 |
| Total initial investment | $103K to $623K | Before opening | Item 7 |
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