Are you passionate about cleanliness and deep desire to create a positive impact in the business world? Have you been considering yourself to embark on a thrilling journey towards entrepreneurship?
Look no further! Starting a Coverall Cleaning Franchise might be the perfect opportunity for you. In this all-inclusive piece, we will further explore about the Coverall Cleaning, including its cost, fees, profits, and address some frequently asked questions about the chain.
- Brand: Coverall
- Founded: 1985
- Key People: Charlie Daniel
- Industry: Cleaning
- No. of Franchisee: 8000+
- Area served: Nationwide
- Franchise Fee: $9,350 to $38,000
- Royalty Fee: 5%
- Support Fee: 10%
- Model: Franchise
- Est. Initial Investment: $16,500 – $51,360
Table of Contents
Overview of Coverall Cleaning Franchise
Founded in 1985 as a three-person company headquartered in San Diego, Calif, Coverall has emerged as a well-established and reputable cleaning franchise that has been offering its exceptional services and operating in the commercial cleaning industry for several years.
The franchise provides an extensive range of cleaning services , including office cleaning, healthcare facility cleaning, and more at an affordable pricing across the United States.
Having renowned for its commitment to using environmentally friendly & high-quality cleaning practices, Coverall has built a strong reputation as a trusted and reliable partner for businesses seeking professional cleaning solutions.
The successful expansion ultimately enabled the chain to reach a wider audience, establishing a strong and sustainable revenue-generating stream. Overall, Coverall has irrefutably positioned itself as a prominent player in the commercial cleaning industry.
Over the years, Coverall continued its growth strategy and expanded its presence throughout the states via franchising. Coverall went beyond traditional services and expanded its range to include specialized cleaning solutions for various industries, including healthcare facilities, educational institutions, and office spaces.
At present, The franchise boasts over 8000 Coverall business in the U.S. and internationally, servicing approximately 50,000 customers, cleaning over 2 million square feet of space each day.
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The Journey of Coverall Cleaning
Their humble beginning started in 1985, when its founders, who recognized the need for a professional cleaning service that not only provided high-quality cleaning but also focused on environmental sustainability and customer satisfaction.
It is noteworthy to mention that the company’s commitment to innovation and continuous improvement played a significant role in its growth, which led an enormous franchise base of over 8000 across the globe.
Over the years, Coverall expanded its operations throughout the U.S. and international market and with dedication to excellence and customer satisfaction has allowed to chain to position itself as a prominent player in the industry.
Key Facts on Coverall Cleaning
Sr No. | Type | Private |
---|---|---|
1 | Trade Name | Coverall Cleaning |
2 | Industry | Cleaning |
3 | Year | 1985 |
4 | Founders | Charlie Daniel, CEO |
5 | Headquarters | Deerbeach Field, Florida, U.S. |
6 | Number of locations | Over 8000+ |
7 | Area served | U.S. and International locations |
8 | Franchise model | Franchise |
9 | Services | office cleaning, healthcare facility cleaning |
10 | Revenue | $510 million in FY22 |
11 | Website | https://www.coverall.com/ |
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Why Consider Owning a Coverall Cleaning Franchise?
- Strong foundation with comprehensive experienced team:
- Coverall has firmly established itself in the cleaning industry with a team of experienced professionals who possess in-depth knowledge and expertise.
- It may offer a rewarding business venture for ambitious individuals, who wanted to foray into the cleaning industry with a minimum background experience.
- Coverall has firmly established itself in the cleaning industry with a team of experienced professionals who possess in-depth knowledge and expertise.
- Affordable startup cost:
- Unlike many other business ventures, Coverall offers a cost-effective opportunity for aspiring entrepreneurs to enter the cleaning industry without the burden of exorbitant initial expenses.
- Coverall provides comprehensive cleaning tools and supplies, eliminating the need for large upfront purchases.
- Unlike many other business ventures, Coverall offers a cost-effective opportunity for aspiring entrepreneurs to enter the cleaning industry without the burden of exorbitant initial expenses.
- Low overhead costs:
- The chain allows for a home-based business setup, which further cuts down on overhead expenses like rent and utilities.
- One can operate from the comfort of their own homes, saving significant costs associated with leasing commercial space.
- The chain allows for a home-based business setup, which further cuts down on overhead expenses like rent and utilities.
- Diversified service offerings:
- Coverall is widely known for its comprehensive range of cleaning solutions tailored to various industries.
- This way, as a franchisee, you may caters to wide array of clients, including healthcare facilities, educational institutions, offices, retail establishments, and more.
- Coverall is widely known for its comprehensive range of cleaning solutions tailored to various industries.
- Growing market size and presence across the globe:
- Overall, the chain has been experiencing substantial growth, and its presence is expanding across the globe thanks to the growing awareness and importance of maintaining clean and hygienic spaces.
- So, as a Coverall Franchise, you may leverage proven business model and expand its operations to multiple countries, and cater to a diverse range of clients.
- Overall, the chain has been experiencing substantial growth, and its presence is expanding across the globe thanks to the growing awareness and importance of maintaining clean and hygienic spaces.
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How much does Coverall Cleaning Franchise Cost?
The initial cost for acquiring a Coverall Cleaning location may vary depending on the location, size of the business, equipment & supplies, and the package size you choose.
Nevertheless, To start a Coverall Cleaning Franchise, one may at least require an initial investment of minimum of $16,500 – $51,360. This initial investment of Coverall does cover the franchise fee, marketing fee, and other necessary expenses.
How much is the Coverall Cleaning Franchise Fee?
The franchise fee for Coverall may range between $9,350 to $38,000. Certainly, while the franchisor may not have disclosed specific information on its mandate net worth and liquidity requirements, aspiring entrepreneurs with the necessary initial funding are in a good position to explore this franchise opportunity.
Additional Cost for Coverall Cleaning
The franchise may charge an on-going royalty fee of 5% and support fee is 10%, which will be calculated based on the monthly gross sales.
Type of Fee | Cost & Other Details |
---|---|
Initial Franchise Fee | $9,350 to $38,000 |
Royalty Fee | 5% |
Support Fee | 10% |
Initial equipment and Supply Package | $1,000 to $1,700 |
Office supplies & equipment | $0 – $100 |
Apparel | $0 – $100 |
Vehicle | $500 – $1,000 |
Veteran Discount | 8-10% of initial franchise fee |
Discount to other individuals | 8% of initial fee(if paid in cash) |
Total Initial Investment | $16,500 – $51,360 |
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How much is Coverall Cleaning Franchise Profit Margin?
The profit margin of a Coverall Cleaning business is subject to variability based on various factors, such as the location, market competition, growth potential in the proposed area, and the owner’s managerial skills.
Although the franchisor has not explicitly provided the profit margin figures for its franchisees, considering Coverall’s extensive experience, competitive pricing, widespread presence across the country, and expanding customer base, achieving a reasonable profit margin is plausible.
It is worthwhile to mention that the profit margins may typically range between 5% to 20% for the cleaning industry.
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How does Coverall Cleaning offer support to its franchisee?
- Site selection and layout planning
- Marketing support including social media and other awareness avenues
- Extensive training program
- Financial management and payroll support
- On-going support
How to Get Coverall Cleaning Franchise?
Owning a Coverall Franchise requires a relatively low investment and in return may offers an impressive profit. Nevertheless, Coverall chain may offer several benefits, and interested candidates can take up franchise outlet locally through their endless support systems.
One can avail this franchise using below mentioned steps;
- Visit Coverall’ official website and fill in the necessary details by navigating to the franchising tab;
- You may require to fill in the details like Name, Email ID, Phone Number, city, and more.
Contact number: +1 800-537-3371
Final Takeaway – Conclusion
Undoubtedly, Coverall Cleaning is one of American’s popular cleaning franchise that offers a unique and promising franchise opportunity for individuals seeking a venture in the cleaning industry.
Franchise aspirants can certainly leverage Coverall Cleaning’s well-established reputation, extensive experience, and diversified service offerings, which may contribute to their continuous and consistent growth.
Currently, the chain operates over 8000 franchisee across the 90+ locations and has certainly planned to expand further in the upcoming year.
To become an authorized Coverall Cleaning business owner, one should buckle up to make an investment of at least $16,500 – $51,360, and in return may expect a profit margin of 5-20%.
Source: – Coverall FDD 2013, PRNewswire
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FAQ
How much does it cost to start a Coverall Cleaning Franchise?
Ans: The average cost required to become a Coverall Cleaning location owner may range between $16,500 and $51,360.
How much does a Coverall Franchise owner make?
Ans: The income potential of a Coverall unitholder may vary depending on the location, market condition, and the franchisee’ capabilities to run a cleaning business.
However, According to the industry standards, a franchisee may anticipate a profit margin of 5-20% from a cleaning business.
Does Coverall Cleaning offer financing?
Ans: According to its FDD-2013, Coverall does offer financing support to its franchisees for the initial franchise fee at 12%, making it more accessible to passionate individuals with the required funding.
For the latest information on financing support, you may need to refer the latest FDD documents and talk with the official representative.
Who is the biggest franchise owner of the Coverall Cleaning?
Ans: According to the post published by verified source, Specialized Cleaning Services, Inc. was named as 2017 Franchised Business Owners of the Year. The franchisee is owned and operated by Cory and Joan Blake.
Since its inception in 2006, Cory and Joan was quick to recognize the best cleaning franchise and opted for Coverall. Since them, they haven’t looked back and currently operates in majority party of Florida market.