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360clean

2014 Franchise 500
#448
At a Glance

Products & Services: Commercial cleaning

Number of Locations: 74

Total Investment: $10.4K - $15.95K

Founded: 2005

Began Franchising: 2008

About 360clean

Barry Bodiford and his wife Allison launched 360clean in 2005, focusing their commercial cleaning company's efforts on serving medical offices-- places Bodiford was familiar with due to his work as a pharmaceutical sales representative. He developed JaniMed, a cleaning system for use in medical facilities that could be applied to other commercial facilities as well. The Bodifords began franchising 360clean in 2008.

Franchise Units

Year U.S. Canadian International Company Owned
2014 74 0 0 0
2013 70 0 0 0
2012 57 0 0 0
2011 32 0 0 0
2010 23 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $10,350 - $15,950
Franchise Fee: $8,500
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 12 years, renewable
Veteran Incentives: 10% off franchise fee & $1,000 business-development credit
Financial Requirements
Net Worth: $25,000
Liquid Cash Available: $5,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 5. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: At franchisee's location: 30 hours. Ongoing training at franchisee's location
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #448 (2014), #448 (2013), #475 (2012),
Low-Cost: #83 (2014), #83 (2013),
Top New: #41 (2013),

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