Jani-King Franchise
Tuesday, April 27, 2010 at 12:46AM Commercial cleaning
As a student at the University of Oklahoma in 1968, Jim Cavanaugh worked as a night auditor at a hotel chain. While there, he realized that there would always be a strong need for janitorial services as long as there were office buildings. He began marketing janitorial services by day and cleaning buildings with his friends by night. Within a year, Cavanaugh established Jani-King and in 1974 he started franchising. A commercial cleaning service, Jani-King sets up franchise business owners with a customer base and charges fees depending on the size of that initial base.
Start-up Costs & Franchises Fees
What is the total cost to open a Jani-King Franchises?
Total Cost: $11,300-$34,100
Total Franchise Fees: $8,600-$16,300
Ongoing Royalty Fees: 10%
Ongoing Advertising Fees:
Term of Agreement: 20 years
Contact Information for Jani-King
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Jani-King |
Phone Number: (972) 991-0900 |
Jani-King In the Press
No results at this time.Historical Expansion
In what year did Jani-King begin operations? 1969
When did Jani-King begin selling franchises? 1974
Year United States Canada International Corporate 2005 9023 540 1369 22 2004 9023 540 1369 22 2003 8506 524 1319 25 2002 7843 465 1286 33 2001 6991 440 1223 31
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment Yes Yes Inventory No No Accounts Receivable Yes No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.
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