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Initial Investment and Start-up Costs

Owning an Office Pride franchise can be both affordable and manageable

We at Office Pride understand that starting your own business is a large undertaking that involves careful financial planning. You will need a set amount of investment capital and approximately six to nine months of personal living expenses.

On average, the initial investment for an Office Pride franchise ranges from $85,000 to $107,200. To make sure you have a full understanding of the startup costs involved, following is a breakdown from our Office Pride FDD (Franchise Disclosure Document) Item 7.

Type of Expenditure Expenditure Amount Method of Payment When Due To Whom Payment Is To Be Made
Initial Franchise Fee $35,000 lump sum When you sign the franchise agreement Us
Leasehold Improvements $0 Not Applicable Not Applicable Not Applicable
Signs $0 Not Applicable Not Applicable Not Applicable
Cleaning Equipment Supplies, Materials and Ancillary Goods $3,000 - $7,000 As Arranged As Arranged Approved Suppliers
Office Equipment and Supplies $500 - $3,500 As Arranged As Arranged Approved Supplies
Computer System $0 - $1,500 As Arranged As Arranged Third Parties
Insurance $600 - $2,000 As Arranged As Arranged Insurance down payment to insurance company
Other Deposits $100 - $2,700 As Arranged As Arranged Estimated for leased equipment, telephone, utilities, vehicle, etc
Professional Fees $200 - $2,000 As Arranged As Arranged For accountants and lawyers
Training Expenses $0 - $2,100 As Arranged As Arranged Estimated expenses for attending initial training,,i.e. travel and living expenses
Licences and/or Bonds $100 - $300 As Arranged As Arranged Fees paid to government agencies and/or insurance or bonding companies
Additional Funds (3 months) $25,500 - $51,100 As Arranged during the first three months of operations As Arranged during the first three months of operations Needed for various operating expenses like payroll, supplies, marketing, bank fees, etc and is dependent on how fast you grow
TOTAL $85,000 - $107,200

The above information has been compiled from the FDD of Office Pride Commercial Cleaning Services. For additional information, refer to our 2019 FDD.

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