Get Franchise Bundle
Get Full Bundle:
$99 $79
$79 $49
$49 $29

TOTAL:

Description
Investment Icon

What Are the Initial Investment Requirements for an Anago Franchise?

To open an Anago franchise, you will need to prepare for an initial investment ranging from $219,000 to $339,000. This includes a franchise fee of $98,000. Additionally, you should have a net worth of between $250,000 and $500,000 to qualify. It's important to assess your financial readiness, as this investment will cover various startup costs and working capital needed to launch your business successfully.

Fees Icon

What Are the Ongoing Fees Associated with Anago Franchise Ownership?

As an Anago franchisee, you will be responsible for ongoing fees, including a royalty fee of 5% of your revenue and a marketing fee of 2.20%. These fees are essential for maintaining brand standards and supporting marketing initiatives that help drive customer traffic to your unit. Understanding these costs will help you plan your financial strategy and ensure that you can sustain profitability over time.

Revenue Icon

What Is the Average Revenue Potential for Anago Franchise Units?

Anago franchise units have demonstrated impressive revenue potential, with an average annual revenue of $3,029,925 per unit. The median annual revenue stands at $2,485,498, showcasing a solid earning capacity for franchisees. However, revenue can vary significantly, with the lowest reported revenue at $332,846 and the highest at $8,185,855. This variability highlights the importance of location, market demand, and operational efficiency in maximizing your franchise's financial performance.

Breakeven Icon

How Quickly Can You Expect to Break Even with an Anago Franchise?

Franchisees can anticipate breaking even within approximately 12 months of operation. Moreover, the investment payback period is around 24 months, indicating a relatively quick return on investment. This timeline can be influenced by factors such as effective management, marketing efforts, and the ability to control operating expenses. Understanding these metrics can help you set realistic financial goals as you embark on your franchise journey.

Anago Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

Net Worth Required icon The minimum total assets (minus liabilities) you must possess.

i Net Worth Required:

$250,000 - $500,000
Investment Payback icon The estimated period to recoup your total investment.

i Investment Payback:

24 Months
Franchise Fee icon The initial fee paid to join the franchise system.

i Franchise Fee:

$98,000
Royalty Fee icon Ongoing percentage of revenue paid to the franchisor.

i Royalty Fee:

5%
Marketing Fee icon Regular contribution toward the franchise’s advertising fund.

i Marketing Fee:

2.20%
Breakeven Time icon The estimated timeframe to recover your initial costs.

i Breakeven Time:

12 Months
Initial Investment icon The total amount required to launch the franchise.

i Initial Investment:

$219,000 - $339,000
Cash Required icon The minimum liquid capital you must have on hand.

i Cash Required:

$219,000 - $339,000
Average Revenue icon The typical yearly revenue generated per franchise location.

i Average Revenue:

$3,029,925
Median Revenue icon The middle value of yearly revenue among franchise locations.

i Median Revenue:

$2,485,498
Highest Revenue icon The largest reported annual revenue among franchisees.

i Highest Revenue:

$8,185,855
Lowest Revenue icon The smallest reported annual revenue among franchisees.

i Lowest Revenue:

$332,846
Industry icon A broad sector defining similar types of franchise businesses.

i Industry:

Cleaning Franchises
Category icon A more specific division within the broader industry.

i Category:

Commercial Cleaning
Leadership icon The key individuals guiding the franchise’s strategy and growth.

i Leadership:

Adam Povlitz
Corporate Address icon The official business address of the franchisor’s headquarters.

i Corporate Address:

20 SW 27thAve. Suite300Pompano Beach, FL 33069
Funding Year icon Available financing options to help start the franchise.

i Funding Year:

1995
Parent Company icon The main organization that owns the franchise brand.

i Parent Company:

Anago Franchising, Inc.

Anago Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes.

The overall number of operating franchise locations.

Total Units i

45
The number of locations owned by independent franchisees.

Franchised Units i

45
The number of locations owned and run by the franchisor.

Corporate Units i

0
Units 2021 2022 2023
Total Units 44 46 45
Net Change YoY 2 -1
Franchised Units 42 45 45
Net Change YoY 3 0
Corporate Units 2 1 0
Net Change YoY -1 -1
Investment About

Initial Investment

The Anago franchise requires a low to moderate initial investment ranging from $219,000 to $339,000. This includes a franchise fee of $98,000, which is a one-time payment for the rights to operate under the Anago brand. Aspiring franchisees should also consider additional costs such as equipment, leasehold improvements, and working capital to ensure a successful launch.

Potential About

Financial Performance

Anago franchises report impressive financial metrics, with an average annual revenue of approximately $3,029,925 per unit. The median annual revenue stands at $2,485,498, showcasing the potential for profitability in this franchise model. Units have recorded annual revenues ranging from $332,846 to as high as $8,185,855, indicating a strong revenue potential depending on location and market conditions.

Metrics About

Royalty and Marketing Fees

Franchisees are subject to a royalty fee of 5% of gross sales, which contributes to the ongoing support and brand development provided by Anago. Additionally, a marketing fee of 2.20% is required to help fund national and local advertising initiatives aimed at driving customer traffic and brand recognition.

Fees About

Breakeven and Payback Period

Anago franchises typically experience a breakeven period of around 12 months, allowing franchisees to recoup their initial investment relatively quickly. The investment payback period is estimated at 24 months, providing a clear timeline for financial recovery and profitability, which is crucial for new business owners.

Breakeven About

Franchise Growth

Anago has shown steady growth in its franchise unit count, with 42 franchised units in 2021, increasing to 45 in both 2022 and 2023. This consistent expansion reflects the brand's appeal and the successful support provided to franchisees, positioning Anago as a promising opportunity in the franchise sector.

Units About

Corporate Structure

Anago operates as a well-structured franchise system, providing comprehensive support to its franchisees. With a focus on commercial cleaning services, the company has built a reputation for high-quality service delivery. Anago’s corporate headquarters is dedicated to assisting franchisees with training, marketing, and operational guidance, ensuring they are equipped for success in their local markets.

Frequently Asked Questions

The initial investment for an Anago franchise ranges from $219,000 to $339,000, which includes the franchise fee of $98,000 and other startup costs.