To start an Oxi Fresh franchise, follow these steps:
- Research the Franchise: Understand the brand, services offered, and business model of Oxi Fresh, a cleaning service franchise specializing in eco-friendly carpet cleaning.
- Initial Investment: The initial franchise fee generally ranges from $40,000 to $50,000. The total initial investment (including equipment, marketing, and initial setup) can range between $100,000 to $150,000.
- Net Worth Requirement: Franchisees are typically required to have a net worth of at least $250,000, with $50,000 in liquid assets.
- Royalty Fees: Oxi Fresh charges a royalty fee, which is typically 8% of gross revenue. There might also be a marketing fee of around 3%.
- Training and Support: Oxi Fresh provides an initial training program that covers everything from business operations to marketing strategies. Ongoing support is also provided.
- Location and Territory: Oxi Fresh operates on an exclusive territory model, which means franchisees will receive the rights to a specific geographic area.
- Ongoing Costs: Franchisees will need to budget for operational expenses such as marketing, staff wages, insurance, and inventory.
- Application Process: To apply, you will need to submit an application form and go through an interview process with Oxi Fresh representatives.
- Legal Requirements: Be prepared to sign a Franchise Disclosure Document (FDD) and other legal agreements. Legal counsel is recommended before proceeding.
Disclaimer: This information is not guaranteed to be accurate and should be verified with the franchise company before making any decisions.