OpenWorks Franchise Cost, Requirements & Failure Rate 2024

OpenWorks Franchise

Are you considering an OpenWorks franchise but unsure if it’s a good investment?

Don’t worry; in this article, we’ll cover everything you need to know about OpenWorks Franchise, including its profitability, cost, investment, and more. Let’s dive in.

About OpenWorks

Founded in 1983, OpenWorks started as a full-service commercial cleaning company.

Now, with nearly four decades of experience, they provide cleaning services to over 1,500 clients across 30 million square feet of office space. OpenWorks is also committed to “green” solutions to help clients meet environmental goals.

OpenWorks offers a franchise opportunity to those eager to manage commercial services with full effort and strong leadership skills.

It is a low-cost franchise that offers financial support and a veteran discount. OpenWorks also provides a training program and additional support to franchisees, including customer service, supervision, and safety guidance.

OpenWorks Franchise Model

Cost or FeesAmount
Initial Investment$18,500 to $72,000
Franchise-Fee$15,200, $67,500
Royalty- FeeN/A
Area RequirementN/A
Total Outlets800

Failure Rate Of OpenWorks

Franchised Outlets:

YearOutlets at the Start of the YearOutlets at the End of the YearNet Change

For the Franchised outlets:

  • In 2020, the failure rate was (3)/644×100≈0.47%
  • In 2021, the growth rate was (85)/641×100≈13.26%
  • In 2022, the failure rate was (72)/726×100≈9.92%

According to the above-mentioned data, we can see that the franchised outlets for OpenWorks declined in the years 2020 and 2022, showing a failure rate of 0.47% and 9.92%. The company managed to increase the number of outlets in 2021, showing a growth rate of 13.26%.

Training Of OpenWorks

OpenWorks offers an initial training program to all new franchisees, covering all janitorial operations under OpenWorks’ system.

The training takes place at OpenWorks headquarters and includes 24 classroom hours and 19 hours of on-the-job training.

Any employee can attend the training free of charge. Participation in the training program is mandatory for franchisees and business employees to satisfy the franchisor.

Term of Agreement & Renewal

Openworks Term of Agreement & Renewal

The OpenWorks franchise agreement lasts for ten years. After completing this period, the franchisee may renew the term if they choose to do so.

However, this renewal is contingent upon meeting specific conditions. If the requirements are not met, the franchisor may decline the renewal.

Entrepreneurs considering a venture into the cleaning franchise sector might explore options such as The Maids, Buildingstars, Voda Cleaning And Restoration, Stanley Steemer, and Servpro franchises.

OpenWorks Franchise Comparison

Founded In19831990
Initial Investment$18,500 to $72,000$72,765 – $192,615
Total Outlets800300
Annual Revenue$65 million$38 Million

Frequently Asked Question

How many OpenWorks franchises are there?

OpenWorks has more than 800 units across the U.S.

How much does it cost to own the OpenWorks franchise?

An initial investment required to open an OpenWorks Franchise is $18,500 to $72,000.

Is OpenWorks a low-cost investment franchise?

Yes, OpenWorks is a low-cost investment franchise and is also listed in the section for Franchises under $10k.

Is OpenWorks a franchise?

Yes, OpenWorks is a franchise, and it operates more than 800 units nationwide.

Where is OpenWorks headquartered?

The headquarters of OpwnWorks is located in Phoenix, Arizona, United States.

Who owns OpenWorks?

OpenWorks is a leader in facilities management and delivering quality customer services. It was acquired by Mansueto Ventures, Inc in 2005.

Who founded OpenWorks?

OpenWork was founded in 1983 by Eric Roudi. He is also the current CEO of the company.

Leave a Comment