#265

Initial Investment

LOW: $17,000
HIGH: $124,450

Change in Units

+8.4% +28 UNITS (1 Year)
+7.5% +25 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1983

Franchising Since

1983 (33 Years)

Corporate Address

4742 N. 24th St., #450 Phoenix, AZ 85016

CEO

Eric Roudi

Parent Company

O.P.E.N. America Inc.

About OpenWorks

Founded in 1983, OpenWorks provides cleaning; carpet and upholstery service; hard floor maintenance; pressure washing; window cleaning; day porter; and handyman services for large and small offices, medical facilities, hotels, restaurants and financial institutions. Master franchises are also available nationwide.

Financials

Financial Requirements

Initial Investment

$17,000 - $124,450

Net-worth Requirement

$15,200 - $120,000

Liquid Cash Requirement

$7,000

Ongoing Fees

Initial Franchise Fee

$15,200 - $72,000

Ongoing Royalty Fee

15%

Ad Royalty Fee

1%

Financing Options

OpenWorks offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 122

Lowest Rank: 301

  • 2006 - 301
  • 2007 - 288
* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 4 days

Ongoing Support
Meetings
Toll-Free Line
Grand Opening
Security
Field Operations

Marketing Support
Regional Media
National Media

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 28th, 2016

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Previous Years Rankings

2016 2015 2014 2013 2012