Varsity Zone

Franchise Information

Analyzed filing: MN · File #2019969644

Filed: May 1, 2026

FDD Issued: Apr 20, 2026

Extracted: Aug 2, 2026

Verified family consensus outlets tie:family=mn:36150-202604|values=62,64,662|current=62

Franchisor Details

Name: HPB HVAC LLC

Parent: JEZ Investments LLC

Address: 2525 N. 117th Avenue, Third Floor, Omaha, Nebraska 68164

Phone: 1 (800) 490-8991

Website: www.varsityzone.com

Franchising Since: 2024

Industry & Qualifications

Industry

Home Services

Franchise Fee

$59,500

Royalty

5.0%

Total Investment

$225K - $291K

Initial Term

10 years

Renewable

Outlet Information

Total Outlets (2025)

Franchised

Opened (Last Year)

+56

Closed (Last Year)

-0

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Exclusive Territory

Yes

Defined protected territory (Protected Territory) per Item 12.

Item 19 (Financial Performance)

Disclosed

Data reflects performance of a single franchisee (the 'Reporting Business') oper...

Financial Performance (Item 19)

Avg Unit Volume (through Dec 2025)

$953,598

Sample Size

1 units

Unit Economics

Gross Margin

55.2%

Avg Ticket

$5,159.00

Legal History

Litigation: Yes

JMR Capital Holdings, INC., et al. v. MDR United LLC et al. (D.N.J No. 2:25-cv-18583-JKS-MAH) - Civi...

Bankruptcy: None

View filing:

Number	File name	Source State	Filing Date	Actions
2094622707	MN_36150-202604-02_hpb-hvac-llc.pdf Alternate source copy · newest filing	MN	May 1, 2026	Restricted
2019969644	MN_36150-202604-03_hpb-hvac-llc.pdf Canonical 2026 analysis · verified	MN	May 1, 2026	Restricted
1604941087	MN_36150-202604-09_hpb-hvac-llc.pdf Alternate source copy	MN	May 1, 2026	Restricted
1983893762	MN_35230-202601-07_hpb-hvac-llc.pdf Alternate source copy	MN	Jan 20, 2026	Restricted
1446106673	MN_35230-202601-08_hpb-hvac-llc.pdf Alternate source copy	MN	Jan 20, 2026	Restricted
2005699829	MN_35230-202601-06_hpb-hvac-llc.pdf Alternate source copy	MN	Jan 20, 2026	Restricted
390023904	MN_33912-202504-02_hpb-hvac-llc.pdf Alternate source copy	MN	May 21, 2025	Restricted
1853305074	MN_33912-202504-07_hpb-hvac-llc.pdf Alternate source copy	MN	May 21, 2025	Restricted
1367026731	MN_33912-202504-03_hpb-hvac-llc.pdf Alternate source copy	MN	May 21, 2025	Restricted
232609	523248_Franchise__HPB_HVAC_LLC_EFDID__523248_Virginia_232609.pdf Alternate source copy	VA	Apr 29, 2025 FDD issue date	Restricted
222772	523248_Franchise__HPB_HVAC_LLC_EFDID__523248_North Dakota_222772.pdf Canonical 2025 analysis	ND	Apr 29, 2025 FDD issue date	Restricted
262802	523248_Franchise__HPB_HVAC_LLC_EFDID__523248_Virginia_262802.pdf Alternate source copy	VA	Apr 29, 2025 FDD issue date	Restricted
232990	523248_Franchise__HPB_HVAC_LLC_EFDID__523248_Illinois_232990.pdf Alternate source copy	IL	Apr 29, 2025 FDD issue date	Restricted
639458	639458_hpb-hvac-llc.pdf Alternate source copy	WI	Apr 29, 2025 FDD issue date	Restricted
2035390637	MN_32887-202502-02_hpb-hvac-llc.pdf Alternate source copy	MN	Mar 3, 2025	Restricted
946001997	MN_32887-202502-03_hpb-hvac-llc.pdf Alternate source copy	MN	Mar 3, 2025	Restricted
636995	636995_hpb-hvac-llc.pdf Alternate source copy	WI	Feb 7, 2025 FDD issue date	Restricted
32879	CA_32879.pdf Alternate source copy	CA	Jan 16, 2025	Restricted
1362876559	MN_32548-202411-02_hpb-hvac-llc.pdf Canonical 2024 analysis · verified	MN	Nov 21, 2024	Restricted
1893135473	MN_32051-202407-08_hpb-hvac-llc.pdf Alternate source copy	MN	Nov 21, 2024	Restricted
1450321352	MN_32051-202407-06_hpb-hvac-llc.pdf Alternate source copy	MN	Nov 21, 2024	Restricted
1835768150	MN_32548-202411-05_hpb-hvac-llc.pdf Alternate source copy	MN	Nov 21, 2024	Restricted
872668423	MN_32548-202411-03_hpb-hvac-llc.pdf Alternate source copy	MN	Nov 21, 2024	Restricted
203351	523248_Franchise__HPB_HVAC_LLC_EFDID__523248_Virginia_203351.pdf Alternate source copy	VA	Jul 3, 2024 FDD issue date	Restricted
203370	523248_Franchise__HPB_HVAC_LLC_EFDID__523248_North Dakota_203370.pdf Alternate source copy	ND	Jul 3, 2024 FDD issue date	Restricted
192176	523248_Franchise__HPB_HVAC_LLC_EFDID__523248_Virginia_192176.pdf Alternate source copy	VA	Jul 3, 2024 FDD issue date	Restricted
188651	523248_Franchise__HPB_HVAC_LLC_EFDID__523248_North Dakota_188651.pdf Alternate source copy	ND	Jul 3, 2024 FDD issue date	Restricted
186072	523248_Franchise__HPB_HVAC_LLC_EFDID__523248_Virginia_186072.pdf Alternate source copy	VA	Jul 3, 2024 FDD issue date	Restricted

Showing 1–28 of 28 files.