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Enviro-Master Services Franchise ProfileCleaning Franchises > Commercial Cleaning |
What is the Initial Investment for an Enviro-Master Services Franchise?
The initial investment for an Enviro-Master Services franchise ranges from $96,260 to $220,260. This includes a franchise fee of $50,000, which is part of the overall startup costs. Additionally, franchisees should be prepared for ongoing expenses, including a royalty fee of 6% and a marketing fee of 2% based on their unit's revenue.
What Are the Financial Performance Metrics for Enviro-Master Services?
Enviro-Master Services reports an average annual revenue of approximately $1,094,098 per unit, with a median annual revenue of around $321,496.62. The lowest reported annual revenue is $89,713, while the highest reaches $3,451,572.02. Franchisees can expect to break even within 12 months and achieve an investment payback period of about 24 months.
How Many Units Does Enviro-Master Services Operate?
As of 2023, Enviro-Master Services operates a total of 93 units, with 91 being franchised and 2 corporate-owned. The franchise has seen steady growth, increasing from 80 units in 2021 to 85 in 2022, and then to 93 in 2023, indicating a robust expansion strategy.
What Are the Average Operating Expenses for Enviro-Master Services Franchisees?
Franchisees can expect average annual operating expenses to range between $4,383,874 and $4,385,874. Key expenses include payroll and payroll taxes at approximately $3,386,705, advertising and promotion costs around $431,213, and insurance expenses totaling about $85,001. Proper financial planning is essential to manage these costs effectively.
Enviro-Master Services 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.
The minimum total assets (minus liabilities) you must possess.
Net Worth Required:
The estimated period to recoup your total investment.
Investment Payback:
The initial fee paid to join the franchise system.
Franchise Fee:
Ongoing percentage of revenue paid to the franchisor.
Royalty Fee:
Regular contribution toward the franchise’s advertising fund.
Marketing Fee:
The estimated timeframe to recover your initial costs.
Breakeven Time:
The total amount required to launch the franchise.
Initial Investment:
The minimum liquid capital you must have on hand.
Cash Required:
The typical yearly revenue generated per franchise location.
Average Revenue:
The middle value of yearly revenue among franchise locations.
Median Revenue:
The largest reported annual revenue among franchisees.
Highest Revenue:
The smallest reported annual revenue among franchisees.
Lowest Revenue:
A broad sector defining similar types of franchise businesses.
Industry:
A more specific division within the broader industry.
Category:
The key individuals guiding the franchise’s strategy and growth.
Leadership:
The official business address of the franchisor’s headquarters.
Corporate Address:
Available financing options to help start the franchise.
Funding Year:
The main organization that owns the franchise brand.
Parent Company:
Enviro-Master Services Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes.
Total Units
Franchised Units
Corporate Units
| Units | 2021 | 2022 | 2023 |
|---|---|---|---|
| Total Units | 80 | 85 | 93 |
| Net Change YoY | 5 | 8 | |
| Franchised Units | 80 | 85 | 91 |
| Net Change YoY | 5 | 6 | |
| Corporate Units | 0 | 0 | 2 |
| Net Change YoY | 0 | 2 |
Franchise Overview
Enviro-Master Services is a leading provider of commercial cleaning and sanitation services, specializing in restroom hygiene and infection control. With a commitment to health and safety, Enviro-Master aims to create cleaner, healthier environments for businesses across various industries. The franchise has seen consistent growth, expanding its footprint from 80 units in 2021 to 91 units in 2023, reflecting its strong market demand and brand reputation.
Investment Requirements
The initial investment to open an Enviro-Master Services franchise ranges from $96,260 to $220,260, including a franchise fee of $50,000. Potential franchisees should have a net worth between $250,000 and $500,000 and be prepared to cover ongoing costs such as a 6% royalty fee and a 2% marketing fee. This investment structure supports a solid foundation for franchisees to build their business.
Revenue Potential
Enviro-Master Services franchises have an average annual revenue of approximately $1,094,098, with a median revenue of $321,496.62. Revenue can vary significantly, with the lowest reported annual revenue at $89,713 and the highest reaching $3,451,572.02, indicating strong earning potential for dedicated franchisees.
Breakeven and Payback
Franchisees can expect to reach breakeven within 12 months of operation, providing a relatively quick return on investment. The investment payback period is estimated at 24 months, allowing franchisees to recoup their initial costs and start generating profit within a reasonable timeframe.
Operational Structure
As of 2023, Enviro-Master Services operates 91 franchised units and 2 corporate units. This structure allows the brand to maintain a strong connection with franchisees while also having a direct presence in the market. The corporate units provide valuable insights and support to franchisees, enhancing overall brand performance.
Ongoing Support and Training
Enviro-Master Services offers comprehensive training and ongoing support for franchisees, ensuring they are equipped with the necessary tools and knowledge to succeed. This includes operational training, marketing assistance, and access to a network of experienced franchisees. The brand's commitment to franchisee success is a key factor in its growth and sustainability.
Frequently Asked Questions
The initial investment for an Enviro-Master Services franchise ranges from $96,260 to $220,260, which includes a franchise fee of $50,000.