Are you thinking about investing in the PuroClean franchise but have some worries? You’ve come to the right place. The PuroClean franchise is listed among the 10 best janitorial franchises to own and is one of the best for under $100k.
In this article, we’ll talk about the PuroClean Franchise and its profitability, fee, cost, and so on, and discuss if buying this franchise is a good choice. So, let’s start.
About PuroClean
In 2001, PuroClean was founded with the goal of providing cleaning service. It’s more than just a cleaning service; it also serves as an emergency service.
PuroClean is a leader in property emergency service and has become one of the largest restoration franchises in North America.
The franchise offers opportunities for entrepreneurs willing to help families and businesses with problems like water, mold, fire, and other biohazard conditions.
PuroClean is the fastest-growing franchise with an unlimited market for growth. The franchise opportunities do not require any prior experience.
They provide initial training to manage daily business activities. But they don’t offer direct financing. Third-party financing and veterans discounts are available to eligible candidates.
PuroClean ranked #179 in Entrepreneur magazine in 2019. It has a network of over 300 franchises in North America.
Additionally, PuroClean requires a low-cost investment and allows the flexibility to run the franchise from home or an office.
PuroClean Franchise Model
| Cost or Fee | Amount or Percentage |
|---|---|
| Initial Investment | $72,765 – $192,615 |
| Franchise-Fee | $55,000 |
| Liquidity | $50,000 |
| Royalty-Fee | 3%-10% |
| Training Expenses | $6,000 |
| Area Requirement | N/A |
| Total Outlet | 300 |
Training & Support Of PuroClean Franchise
New franchisees receive a three-week training program at the PuroClean Academy in Tamarac, FL. The program includes about 10 to 12 days of hands-on training and 3 days of online instruction.
It is mandatory for the franchisees to attend the initial training for the satisfaction of the franchisor.
PuroClean Franchise Revenue & Profit
The income of a PuroClean franchise owner may differ based on location, expenses, and demand. The company has not provided specific financial details.
According to industry averages, cleaning franchise owners usually earn between $31,000 and $100,000 annually. PuroClean franchise owners likely earn within this range.
Term Of Agreement & Renewal
The initial agreement lasts for 20 years. Renewal for another 20 years is available after that.
The renewal process isn’t simple, though. The franchisees must meet conditions required by the franchisor.
PuroClean Franchise Payback Period
With a total investment of $192,615 and a yearly profit of $100,000, we can calculate the payback period of the PuroClean franchise.
So, to find out how long it will take to earn back the initial investment:
Payback Period = Total Investment / Yearly Profit = $192,615 / $100,000 = 1.92 years
Based on these figures, it will take approximately 2 to 3 years to pay back the initial investment for PuroClean. This time period could be longer or shorter depending on your sales, revenue, and profit figures.
PuroClean Failure Rate
Franchised Outlets:
| Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|
| 2020 | 252 | 277 | +25 |
| 2021 | 277 | 311 | +34 |
| 2022 | 311 | 350 | +39 |
For the Franchised outlets:
- In 2020, the growth rate was (25)/252×100≈9.92%
- In 2021, the growth rate was (34)/277×100≈12.27%
- In 2022, the growth rate was (39)/311×100≈12.54%
According to the above-mentioned data, there is no failure rate for franchised outlets as the outlets at the end of the year increased during the span of 3 years.
We can see that the franchised outlets for PuroClean grew from 2020 to 2022, showing a growth rate between 9.92% and 12.54%.
The cleaning franchise market offers several opportunities for entrepreneurs, such as franchises from Vanguard Cleaning System, OpenWorks, Servpro, Ductz Franchise, and Stanley Steemer.
PuroClean Comparison
| Company | PuroClean | Jan-Pro Franchise |
| Founded In | 1990 | 1991 |
| Initial Investment | $72,765 – $192,615 | $50,000-$150,000 |
| Franchise-Fee | $55,000 | $2,520-$60,000 |
| Liquidity | $50,000 | $50,000 |
| Total Outlet | 300 | 10,475 |
| Annual Revenue | $38 Million | $587 million |
Frequently Asked Question
Is PuroClean a franchise?
Yes, PuroClean is the fastest-growing restoration franchise organization, and their franchise opportunity has been recognized year after year as one of the very best in the franchising sphere!
How much does a PuroClean franchise cost?
An initial investment required to open a PuroClean franchise is $72,765 – $192,615, with a franchise fee of $55,000.
Who is the founder Of PuroClean?
Puroclean was founded by Steve White in 2001 and is still growing today. It is a franchised business owned and operated by individual entrepreneurs.
How many locations does PuroClean have?
PuroClean has more than 400 independently owned and operated franchises throughout the United States and Canada.
Where is PuroClean headquartered?
PuroClean is headquartered in Tamarac, Florida.
Who owns PuroClean?
CEO and Chairman Mark W. Davis and Vice Chairman Frank Torre are the forces who purchased PuroClean in the year 2015, exponentially growing the company.
Amit Gupta is an experienced expert in digital marketing and co-founder of DrFranchises. With more than 11 years of knowledge in franchise digital marketing, SEO, email marketing, and social media marketing, Amit has helped many brands achieve incredible success online. As a passionate entrepreneur and owner of 7 franchises, he continues to study franchise models, looking at costs, revenue, and profitability to guide brands toward profitable growth. When he’s not working on digital marketing, Amit enjoys spending time playing with his beloved dog.