🍟 2/1/2024 – Lawn Care Franchise With $2.1M Avg Revenue

FRANCHISES OF THE WEEK

1) Office Pride

Fast Facts

Background

  • HQ: Palm Harbor, FL
  • Founded in 1992, franchising since 1995
  • Office Pride sells and performs janitorial services, related services and ancillary goods in office buildings, retail buildings, medical buildings, commercial buildings, churches and other commercial facilities

Franchise Fees

Financial Overview

  • The below table discloses information on 126 Office Pride franchisees in operation during the entire 2022 fiscal year

The Wolf’s Take 🍟

Office Pride is one of the OG commercial cleaning franchises that has held steady on growth since the pandemic.

Commercial cleaning is a competitive industry but if you can build a client roster, has benefits over the residential space, mainly:

  • Higher dollars per customer invoice 
  • Less price sensitive customer (spending business money vs personal)
  • Stickier customer base as businesses always need their facilities cleaned 

Check em’ out below if this is for you!

Resources

2) NaturaLawn of America

Fast Facts

Background

  • HQ: Frederick, MD
  • Founded in 1987, franchising since 1989
  • NaturaLawn of America is a franchise that provides lawn care services, focusing on natural and environmentally friendly approaches to lawn maintenance

Franchise Fees

  • Royalty: 7%
  • Brand Fund: 1%
  • Franchise Fee: $9,500 – $29,500

Financial Overview

  • The below table discloses information on 37 franchised locations in operation for 5 years or more for the 12-month period ending December 31, 2022

The Wolf’s Take 🍟

NaturaLawn of America shows very impressive AUV’s, especially considering the initial investment is just under $123k.

Note: the revenue statistic is based on 37 franchisees who have been operating 5 years or more, so it can be considered what a mature business looks like.

In recent past newsletters I’ve written about how some franchise investors are targeting the home services sector in 2024 as retail investments have become more expensive. 

If that’s your thesis, NaturaLawn could be a business to look at.

Resources

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