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AdvantaClean

2014 Franchise 500
#194
At a Glance

Products & Services: Environmental services

Number of Locations: 175

Total Investment: $204.3K - $218.3K

Founded: 1994

Began Franchising: 2006

About AdvantaClean

AdvantaClean franchisees offer light environmental services and indoor air quality solutions, including mold removal, emergency water removal, air duct and dryer vent cleaning and coil cleaning. The Huntersville, North Carolina-based company was founded in 1994 and began franchising in 2006.

Franchise Units

Year U.S. Canadian International Company Owned
2014 175 0 0 0
2013 159 0 0 0
2012 125 0 0 0
2011 96 0 0 0
2010 35 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $204,300 - $218,300
Franchise Fee: $45,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $2,500 off franchise fee
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $75,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 4 - 6. 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: Available at headquarters: 2 weeks. At franchisee's location: 16 hours.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Other marketing support: Online, social media, marketing materials

Franchise Ranking History

Franchise 500®: #194 (2014), #206 (2013), #257 (2012), #291 (2011),
Fastest-Growing: #44 (2013), #69 (2012),
Top New: #16 (2011),
Top Home-Based: #50 (2014), #51 (2013), #75 (2012), #92 (2011),