Liquid Assets
Many franchise owners finance start-ups using cash and savings—personal stocks, liquidated assets, or money from family members. This avoids debt and interest and can accelerate your launch so you’re up and running faster.
Initial Franchise Fee: $45,000
Startup Cost Range: $80,400 – $126,600
We recommend that franchisees set aside six to nine months’ worth of personal living expenses. The exact amount will depend on your monthly expenses and the growth rate of your business.
As a five-star VetFran franchisor, we offer a 25% discount on the franchise fee to honorably discharged U.S. military veterans. Additionally, spouses of first responders (including Law Enforcement, Paramedics, Firefighters, and Emergency Medical Technicians) with at least two years of continuous service who become franchisees will also receive a 25% reduction in the Initial Franchise Fee.
Expenditure Type | Expenditure Amount | Payment Recipient |
---|---|---|
Initial Franchise Fee | $45,000 | Office Pride |
Lead Generation | $2,500 – $5,000 | At Franchisee Discretion |
Cleaning Supplies, Materials, & Ancillary Goods | $3,000 – $7,000 | Approved Suppliers |
Office Equipment & Supplies | $500 – $3,500 | Approved Suppliers |
Computer System | $0 – $2,000 | Third Parties |
Insurance | $4,000 – $7,000 | Insurance down payment to the insurance company |
Other Deposits | $100 – $2,700 | Estimated for leased equipment, telephone, utilities, vehicle, etc. |
Professional Fees | $200 – $2,000 | For accountants and attorneys |
Training Expenses | $0 – $2,100 | Estimated expenses for attending the initial training |
Licenses and/or Bonds | $100 – $300 | Fees paid to government agencies and/or insurance or bonding companies |
Additional Funds | $25,000 – $50,000 | Needed for various operating expenses like payroll, supplies, cleaning equipment, marketing, bank fees, etc. and is dependent on how fast you grow |
Total Expenditures | $80,400 – $126,600 |
For complete information, see our Franchise Disclosure Document (FDD)
One of the biggest benefits of joining a cleaning franchise like Office Pride is the support you receive. From initial training to ongoing marketing and operational assistance, franchisees are set up for success. This support system is especially valuable for those new to commercial cleaning services. It helps franchise owners handle the challenges of running their own business while maintaining high service standards.
If you are looking for more information on costs and financing for a commercial cleaning franchise. Contact us to get started.
Deciding how to finance your start-up is a crucial early step for every entrepreneur. While some have enough personal funds to start a franchise, many need external financing. Office Pride works with preferred partners who can offer financial assistance, such as loans, to new franchise owners. Here’s an overview of the most common funding options.
Many franchise owners finance start-ups using cash and savings—personal stocks, liquidated assets, or money from family members. This avoids debt and interest and can accelerate your launch so you’re up and running faster.
Use 401(k) or IRA funds to buy a franchise without a taxable distribution or loan. The Rollover for Business Start-ups (ROBS) structure rolls retirement funds into your business, avoiding interest and debt while investing in yourself.
Government-backed small business loans up to $5M with competitive rates and flexible terms. Applications can be involved, but lower rates and longer repayment often outweigh the effort. Funds may cover fees, equipment, or working capital.
Need more information or want to speak with a representative? Give us a shout. We’d be happy to speak with you.