- 2023 Franchise 500 Rank
-
N/R Ranked #381 last year
- Initial investment
-
$111K - $164K
- Units as of 2023
-
131 27.2% over 3 years
As one of the globe’s only crime scene clean-up franchises, Bio-One, which was founded in 2008, offers premiere decontamination and biohazard cleaning services at reasonable costs, restoring homes, buildings, and other spaces to livable conditions following an incident. Since beginning to franchise in 2011, the company has expanded with over 100 franchised locations all across the U.S.
If you’re seeking a franchise opportunity that will make a difference in people’s lives, Bio-One could be the brand for you. As a franchisee, you have the chance to change customers' lives for the better.
Why You May Want to Start a Bio-One Franchise
There are far too many violent crimes committed in America each year. While we are incapable of controlling these numbers, there is a way to help the victims and their families move on with their lives. Nobody dreams of a crime scene market, but as a present-day reality, you can choose to respond productively for the people in your community.
Entering this market with no concrete track record is very difficult. But with Bio-One’s ten-plus years of experience, you can leverage the company’s long-standing national contracts, insurance partners, TPA networks, and proven marketing strategies. You may be poised to become the next big thing in your business circuit with your brand new Bio-One franchise.
What Might Make a Bio-One Franchise a Good Choice?
Multiple times in the past few years, Bio-One has ranked in Entrepreneur’s Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
A key benefit of choosing the brand is that you can usually get your franchise up and running as soon as you finish training. Other physical store-based franchise models typically require much more money and time—sometimes up to a year before you can set up shop.
To be part of the Bio-One team, you should make sure you’re financially ready for an initial investment that will include a franchise fee and other startup costs. You should also be prepared for ongoing fees, which will include advertising, royalty, and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How Do You Open a Bio-One Franchise?
Biological waste cleanup is a complicated term, but franchising with Bio-One may be simple. To learn more about the franchise opportunity, submit an inquiry form. Bio-One may reach out to you and provide the information you need about the business, as well as an overview of your role as a franchisee. All these details will come in a Franchise Disclosure Document, and you must take time to go through it as closely as possible to avoid surprises later on.
Once you have read the Franchise Disclosure Document, Bio-One has reviewed your information, and you both decide to commit to a partnership, you may sign the franchise agreement and pay the initial fees. After that, the company will put you through biohazardous waste disposal training before you are allowed to begin your business. The franchise team will be with you as you prepare for the challenging responsibilities that come with your new Bio-One franchise.
Company Overview
About Bio-One
Industry | Maintenance |
---|---|
Related Categories | Miscellaneous Maintenance Businesses, Miscellaneous Services, Cleaning/Restoration, Crime-Scene Cleaning |
Founded | 2008 |
Parent Company | Five Star Franchising |
Leadership | Danessa Itaya, President |
Corporate Address |
6251 Greenwood Plaza Blvd., #170 Greenwood Village, CO 80111 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 2011 (12 years) |
---|---|
# of employees at HQ | 9 |
Where seeking |
This company is offering new franchisees throughout the US. |
# of Units | 131 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Bio-One franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$55,000 |
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Initial Investment
|
$110,695 - $164,195 |
Net Worth Requirement
|
$125,000 |
Cash Requirement
|
$55,000 |
Veteran Incentives
|
$10,000 off franchise fee |
Royalty Fee
|
7% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Bio-One has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 10 hours |
---|---|
Classroom Training | 30 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
Yes |
# of employees required to run | 2 |
Are exclusive territories available?
|
No |
Franchise 500 Ranking History
Compare where Bio-One landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Bio-One ranked on other franchise lists? Find out below.
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