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360clean

2012 Franchise 500
#475
At a Glance

Products & Services: Commercial cleaning

Number of Locations: 40

Total Investment: $13.1K - 23.6K

Founded: 2005

Began Franchising: 2008

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2012 40 0 0 0
2011 32 0 0 0
2010 23 0 0 1
2009 12 0 0 1
2008 6 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $13,100 - $23,600
Franchise Fee: $8,500
Ongoing Royalty Fee: 9%
Term of Franchise Agreement: 12 years, renewable
Financial Requirements
Net Worth: $25,000
Liquid Cash Available: $3,500
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).
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®: #475 (2012),

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Entrepreneur Magazine's Entrepreneur of 2012 - Presented by The UPS Store