JAN PRO Franchise offers regional master franchises that have the ability to start unit franchises within their territory. JAN PRO sells and supports unit franchises that will operate janitorial and building maintenance service businesses. JAN PRO Master was incorporated in Massachusetts in 1995 and started selling franchises in 2005.
Russell Reynolds has been the President and Chief Executive Officer since October 2018. From July 2001 to October 2018, Russ was the Chief Executive Officer of Batteries Plus, L.L.C. and was a member of its Operating Committee from February 2000 to October 2018.
There are over 7,664 Unit Franchises which are controlled under 96 Regional Master Franchises, and no company owned locations.
The information provided below is from Indiana’s Regional Master Franchise, other regional master franchises information could be different.
The company offers 10 Franchise plans “FP”, they are listed in the chart below.
|Initial Plan||Account Gross Billings||Total Fee||If You Pay All Cash||Down Payment||Amount Financed||Monthly Payment (24)|
|FP-12||Accounts totaling $1,000- per month||$7,500||$6,500||$1,350||$6,150||$283.79|
|FP-18||Accounts totaling $1,500- per month||$10,500||$9,450||$2,200||$8,300||$383.00|
|FP-24||Accounts totaling $2,000- per month||$13,000||$11,700||$2,750||$10,250||$472.99|
|FP-36||Accounts totaling $3,000- per month||$15,300||$13,770||$3,300||$12,000||$553.74|
|FP-48||Accounts totaling $4,000- per month||$18,500||$16,650||$7,000||$11,500||$530.67|
|FP-60||Accounts totaling $5,000- per month||$21,500||$19,350||$10,000||$11,500||$530.67|
|FP-72||Accounts totaling $6,000- per month||$24,600||$22,140||$12,500||$12,100||$558.35|
|FP-90||Accounts totaling $7,500- per month||$29,625||$26,663||$16,000||$13,625||$628.72|
|FP-120||Accounts totaling $10,000- per month||$38,000||$34,200||$20,500||$17,500||$807.54|
|FP-180||Accounts totaling $15,000- per month||$52,500||$47,250||$30,000||$22,500||$1,038.26|
The total investment ranges from:
$9,875 – $66,495
|Initial Franchise Fee||$6,750 – $52,500|
|Travel and Living Expenses (Certification Program)||$50 – $300|
|Office and Related Expenses||$150 – $550|
|Vehicle||$500 – $2,500|
|Initial Equipment Package||$925|
|Real Estate||$0 – $550|
|Floor Buffing Machine||$50 – $900|
|Carpet Cleaning Machine||$50 – $2,000|
|Insurance||$200 – $620|
|Legal & Organizational Costs||$1,000 – $2,000|
|Criminal Background Check||$50 – $100|
|Billing Services Deposit (If applicable)||$0 – $2,500|
|Mediation / Arbitration Waiver Fee||$0 – $500|
|Additional Funds (3 Months)||$150 – $550|
Royalty Fee: 10% of Gross Billings (Monthly)
Support Fee: 5% of Gross Billings (Monthly)
The Regional Master Franchise in Indiana does not disclose sales figures of their 59 total units. They did include that they added 17 new JAN PRO Unit franchisees in the fiscal year of 2019.
However, we can make an estimate based on JAN PRO of Central Indiana‘s Income Statement:
JAN PRO of Central Indiana had royalty fee revenues of $199,676 and charged 10% of gross billing for the previous month.
Therefore, in total, all 59 JAN PRO units in 8 months made around $2 million. So $2 million divided by 59 units, has an average Gross Billings on a year adjusted average of roughly:
Please note this is just an estimate and actual figures are likely higher because 17 new locations opened in the fiscal year of 2019.
|Franchise fee revenues:|
|Interest on financing||$7,085|
|Business protection fees||99,838|
|Other fees and reimbursements||39,267|
|Total franchise fee revenues||681,643|
|Sale of janitorial supplies||96,280|
|Cost of sales||(93,846)|
|Net supply revenue||2,434|
|Payroll and related expenses||231,274|
|Selling, general and administrative||140,519|
|Total operating expenses||490,572|
|Income from operations||195,223|
|Depreciation and amortization||57,516|
|Total other expenses||57,516|
|Retained earnings, beginning|
|Retained earnings, ending||77,707|
JAN PRO of Central Indiana posted a Net Income of $138k in 2019. The company distributed $60k of these profits and ended the year with retained earnings of $78k.
It had $682k of revenue from their 59 locations, and 17 of these locations were opened in that fiscal year.
JAN PRO Unit Franchises are an opportunity to own a franchise in a very established cleaning service. JAN PRO has 96 Regional Master Franchisees which control 7,664 Unit Franchises. Cleaning services and maintenance services will continue to be in high demand because of the COVID-19 pandemic and its lasting effects.
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