Bonus Building Care Franchise
Friday, April 30, 2010 at 05:24AM Commercial cleaning services
In 1969, Arleen Cavanaugh and then-husband Jim Cavanaugh founded Jani-King, a commercial cleaning franchise. When the couple divorced in the mid-'90s, Jim maintained control of the business.
Using the experience she gained with Jani-King, Arleen started her own commercial cleaning business, Bonus Building Care. The company currently serves businesses throughout the South and Midwest.
Start-up Costs & Franchises Fees
What is the total cost to open a Bonus Building Care Franchises?
Total Cost: $8,800-$14,700
Total Franchise Fees: $7,500
Ongoing Royalty Fees: 10%
Ongoing Advertising Fees: 1%
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $2K
Contact Information for Bonus Building Care
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Bonus Building Care |
Phone Number: (918)823-4990 |
Bonus Building Care In the Press
No results at this time.Historical Expansion
In what year did Bonus Building Care begin operations? 1996
When did Bonus Building Care begin selling franchises? 1996
Year United States Canada International Corporate 2005 1011 0 0 3 2004 830 0 0 3 2003 494 0 0 3 2002 377 0 0 4 2001 284 0 0 3
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming,
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes Yes Initial Start-up Capital Yes Yes Plant, Property, and Equipment Yes Yes Inventory No No Accounts Receivable Yes Yes Payroll No Yes 3rd Party Financing Available? Financing Source(s): banks
Other Sources for Financing: Growth financing
Training & Support
Training
Unlimited
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.International franchise business owners required to buy multiple units/master licenses; 0% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 1 - 5
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes