OpenWorks Franchise
Tuesday, April 27, 2010 at 02:40AM Commercial cleaning services
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.
Start-up Costs & Franchises Fees
What is the total cost to open a OpenWorks Franchises?
Total Cost: $15,000 USD -$150,000 USD
Total Franchise Fees: $14,000 USD -$67,500
Ongoing Royalty Fees: 5-10%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for OpenWorks
|
OpenWorks |
Toll Free: (800)777-6736 |
OpenWorks In the Press
No results at this time.Historical Expansion
In what year did OpenWorks begin operations? 1983
When did OpenWorks begin selling franchises? 1983
Year United States Canada International Corporate 2005 406 0 0 0 2004 406 0 0 0 2003 392 0 0 0 2002 389 0 0 0 2001 323 0 0 3
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes No Initial Start-up Capital Yes No Plant, Property, and Equipment Yes No Inventory Yes No Accounts Receivable Yes No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.0% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 3
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
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