The Jani-King Franchise is now available for potential franchise owners. Whether you are new to franchising or an experienced franchisee, Jani-King is an excellent choice for anyone looking for dependable, successful, and successful business possibilities. Jani-King has over 35 years of expertise in providing cleaning solutions to businesses all over the world and has developed a comprehensive franchising structure that offers reasonable fees, great earnings, and total investments.
According to Ibisworld, the home cleaning franchise market size is $1.2 billion in the United States with a growth rate of 3.2% in 2013-2018. Cumulative Market growth for 2018 to 2023 is anticipated at 1.7%.
What is the Jani-King?
Jani-King International, Inc. is a cleaning service franchise company based in the United States. The company cleans public venues like offices, retail stores, hotels, and stadiums. Jani King claims to be the biggest business cleaning franchise organization, with over 120 support offices in ten countries.
To establish a business that inspires everyone to thrive and realize their full potential.
They aim to provide exceptional service to our clients in the flooring industry, to promote a collaborative atmosphere in which the character of a lucrative, active, and passionate business may be expressed in all areas. Additionally, it provides every Jani-King franchises owner with a chance to grow their business.
In addition to low-investment options, Jani-King provides unparalleled training, company growth, and administrative support in the cleaning sector.
Is Jani-King a Franchise Opportunity?
Yes, Jani-King is a franchise opportunity. They offer two types of franchise opportunities for potential franchise owners:
- Unit Franchise
The unit franchise offers a proven plan and training to help an individual franchise business create a successful journey. It is a home-based business that is fully supported by the regional office. The unit franchise is mostly offered new accounts for services. It is also determined by their amount of investment.
- Master Franchise
Jani-King Master Franchise owns exclusive area rights and the authority to sell franchisees. The franchise is established in a regional office and provides local unit franchisees with sales, administration assistance, operation, and training.It is a huge investment opportunity. It is aimed at entrepreneurs that desire to develop an entire territory.
|Jani-King Franchise Review and Information|
|Industry Type||Services Franchises|
|Sub Category||Home Cleaning Franchises|
|Company Name||Jani-King International, Inc.|
|Founder/Management Head||Jim Cavanaugh|
|Employees at Company H.O||1341|
|Franchise Expansion Plan||US and worldwide|
|Number of Units||7345|
|Number of Franchise Units||–|
|Social Media Handles|
|Company Office location||Addison, Texas|
How much does a Jani-King franchise cost
As far as the franchise requirements to own a Jani-King franchise are concerned, the initial franchise fee is $ $16,750-$33,000. This amount is generally coupled with an initial investment ranging somewhere between $20,354 to $51,840 and a royalty fee of 10%. However, any information regarding the net worth and cash requirement is not available in their FDD.
|Jani-King Franchise Price and Costs|
|Jani-King Franchise Fee||$16,750-$33,000|
|Jani-King Franchise Cost||$20,354-$51,840|
|Term of Agreement||10 years|
|Is franchise term renewable?||Yes|
How much do Jani-King franchise owners make?
With retained earnings of $1.278 million in 2020, Jani-King is an extremely profitable business for a franchisor. It will take between one and three years to recover your investment based on the median sales supplied by Jani-King’s locations at a 50% profit margin. You might not achieve a profit margin of 50%, which would delay getting a return on your investment.
What is Jani-King franchise profit?
Projecting the profit and years to recoup the investment (ROI) of a franchise of Jani-King is a little difficult as there fails to be enough relevant information available pertaining to the franchise profit of Jani-King. However, it has been analyzed that franchising its operations can end up with the franchisor earning $1.278 as retained earnings.
According to industry standards, getting a return on the franchise investment will take a very long time.
Jani-King Training to Franchises
Franchisees must attend and successfully complete the initial training program, to the franchisor’s satisfaction, within six months of the signing of the franchise agreement. The franchisor will provide initial training on how to operate the franchise business to franchisees.
Training is provided at one or more authorized local customer locations as well as a nearby regional office. The given training program will typically involve at least eight training sessions spread over a two-week period, usually in the evenings and on weekends, and will total about 40 hours of instruction, including self-study.
Franchisees may choose to attend extra training, seminars, and refresher courses offered by the franchisor, but unless an account was transferred or canceled as a result of inappropriate franchise management, attendance is not necessary.
How is Jani-King Territory Granted to Franchises
Franchisees are unlikely to receive a territory that is exclusive in nature. Franchisees may encounter rival franchisees, locations owned by the franchisor, additional channels of distribution, or rival brands owned or under the franchisor’s control. Regional franchisors may grant franchisees the authority to carry out the obligations of their franchise agreement within a particular, non-exclusive geographic area.
In certain circumstances, franchisees are prohibited from intentionally interfering with, soliciting, or otherwise contacting an existing customer or potential client of another Jani-King franchisee of a regional office unless specifically requested to do so by the regional franchisor in writing.
What is the Franchise Term of Agreement and Renewal?
The franchise term is generally ten years long. Franchisees may renew or extend the term for three additional 10-year periods if they are in good standing and agree to the franchisor’s then-current terms.
Does Jani-King provide Financial Assistance to Franchises?
Although the franchisor is not required to do so, financing may be made available in the future to cover the initial franchise fee. Much of the equipment that franchisees would use in their business may be subject to lease arrangements. Each lease agreement’s terms and conditions are subject to modification by the franchisor as necessary.
Pros & Cons of owning a Jani-King Franchise
Pros of owning a Jani-King Franchise
- Global brand
- Credible partners
- Different franchise plans
- Green cleaning
- Increased awareness and demand
Cons of Owning a Jani-King Franchise
- Bad reviews
- No corporate units
What is Jani-King franchise reviews
Jani-King is more than just a worldwide American brand. They are known to provide their services in a number of countries. Prospective customers may recognize a brand name with a global presence and are more willing to trust the brand to start caring for and cleaning a property.
Jani-King is a low-cost franchise business, which is why they are so popular. But, given their mixed evaluations, you should have a lawyer and a financial counselor examine them before signing anything with them. Make sure to read their most recent FDD to get a sense of their recent performance.
Be extremely cautious before signing a contract with this company. At the very least, a history of online complaints and lawsuits should raise red flags. Frankly, I would be concerned about the company’s track record.
Jani-King Franchise Rankings
As per the Franchise Direct Ranking of the 100 Global Franchises, Jani-King is ranked first for cleaning franchises and fourteenth overall. Jani-King was placed third among the magazine’s Top 200 Franchises. For further information regarding their rankings, click here.
Franchise Deck Analysis and Overview
Jani-King is consistently ranked as the best commercial cleaning franchise. In addition to low-investment choices, Jani-King provides unparalleled training, company growth, and administrative support in the cleaning industry.
However, with the low cost and large profits, everything looks to be going very well for the business and its franchisees. However, it does not give the whole story. Several lawsuits have been filed against the franchisor. This is awful news for the business and should raise serious concerns for any potential franchisees. People are no longer purchasing these franchises.
The company has been slipping for the past three years. Franchise businesses and company-run retailers have both declined. For the past three years, franchises have closed at a rate of 164 each year. This may be a sign that the stores are underperforming or that the franchisees are not renewing their agreements once the current term has expired.
Potential Risks to consider before investing in a Jani-King franchise
It is important to weigh the pros and cons of starting a franchise. One of the most enticing features of establishing a business is the possibility of making a lot of money while having full control over it. Others, on the other hand, may consider the risks of a new venture to be excessive.
The individual must still make a decision at the end of the day. The answers are acceptable as long as you comprehend the risks and benefits.
Franchise often offers a level of earnings that franchisees may expect to make, ensuring that you are receiving the best value possible for your money.
Entering a franchise is complex and difficult, but it is well worth it with proper research and thoughtful consideration.
Is the Jani-King Franchise Profit worth the Franchise Cost?
A Jani-King franchise is, without a shadow of a doubt, worth the franchise cost as provided in the previous sections of the blog.
You must make yourself cognized of the fact that your earning potential increases when you own more franchises since private equity firms, rather than individual owner-operators, are more likely to be interested in your company.
Jani-King Franchise Success and Failure Rate
The below table will highlight the Jani-King franchise success and failure rate for the last 3 years. This will supplement your decision-making process.
Competition Analysis of Jani-King Franchises
|Jani-King||Cost to Franchise||Franchisee Fees||Royalty + Ad fees||Expected Profit||Recoup of Capital||FD Rating|
|Jan Pro Franchise||$4830-$58070||$2520-$44000||10%+1%||$ 76,625||2.8-4 years||3.7/5|
|Mr. HandymanFranchise||$117,500 – $154,100||$59,500||7%+2%||–||5 years||4/5|
|Decorating DenFranchise||$43,813 – $70,400||$29,900 – $39,900||7-9%+1-4%||40%||4/5|
|Handyman ConnectionFranchise||$98,922 – $149,874||$60,000||5%+3%||12%||5 years||4.8/5|
The Franchise Deck rating for the Jani-King franchise is 4.2/5
Conclusion: Is the Jani-King franchise a good choice?
Jani-King has formed alliances with major sports organizations and leagues in order to increase awareness of the Jani-King company. Jani-King currently has over 40 professional partnerships, with their franchisees serving stadiums, college athletic facilities, arenas, and ballparks as part of those partnerships.
As a Jani-King franchise owner, you will not only be a part of an industry that has shown constant development and is predicted to exceed $110 billion in the coming years, but you will also be starting with an investment that succeeds in any economy, whether today or tomorrow.
Investing in a franchise of Jani-King is considered to be a lucrative opportunity. It is important that you consider putting in the effort to know about the brand and analyze its reviews, costs, and profit before you choose to franchise its operations.
Entrepreneurs who want to open a franchise in the category franchise opportunities categories can look at
- Jan Pro Franchise
- 1-800-GOT-JUNK Franchise
- Mr. Handyman Franchise
- Handyman Connection Franchise
- Pillar to Post franchise
- Decorating Den Franchise
- Dave And Buster
- Cruise Planner Franchise
- Costco franchise
- CMIT Solutions Franchise
- Aldi franchise
Frequently Asked Questions (FAQs)
- Is the Jani-King franchises profitable?
Yes, it is a profitable franchise.
- Can you make money owning a Jani-King?
Yes, you can make a considerable amount of money by owning a franchises of Jani-King.
- Is Jani-King a franchises?
They do not franchise their operations.
- How much is a Jani-King franchises?
They do not provide franchises so there is no such information regarding the costs.
- How do Jani-King franchises make money?
The company makes money by cleaning public spaces like offices, retail stores, stadiums, and hotels.