AdvantaClean is a business offering restoration and remediation services for residential and commercial properties. The franchise specializes in water damage, mold removal, air duct cleaning, and other environmental services.
Key Insights
- AdvantaClean has a long-standing presence in the restoration and cleaning sector, evolving its service offerings to meet the needs of property owners. The business began with a vision to provide specialized solutions for various property challenges, growing its operational footprint and expertise over time.
- The franchise operates a comprehensive service model, addressing water damage, mold remediation, air duct cleaning, and fire and smoke damage. Franchisees receive support in marketing, operations, and training to deliver these essential services to residential and commercial clients.
- The industry AdvantaClean serves is characterized by its consistent demand driven by property maintenance and unexpected events. This sector encompasses critical environmental services aimed at preserving property integrity and promoting healthier living and working spaces.
Franchise Fee and Costs to Open
Exploring the financial picture of AdvantaClean gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $116,880 - $197,400, along with a franchise fee of $5,000 - $5,000.
Financial Performance and Revenue
Yearly gross sales of $326,527 and estimated earnings of $39,184 - $48,980 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 4.1-6.1 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
AdvantaClean provides comprehensive training for new franchisees. This initial training, lasting two weeks, is held at AdvantaClean's corporate headquarters. AdvantaClean also offers ongoing support and a variety of resources to aid in business development. These resources are designed to help franchisees build their operations effectively.
Legal Considerations
Legal considerations for a AdvantaClean franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Franchisees may encounter challenges with establishing brand presence amidst existing local service providers. Managing day-to-day operations, from scheduling technicians to ensuring quality control, presents ongoing demands. Dependence on specific equipment and cleaning product suppliers could also influence operational flow and cost management.
Franchise Datasheet
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