Bonus Building Care
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Founded in 1996, BONUS Building Care has emerged as the nationally recognized leader of the commercial cleaning franchise industry. In this recession-resistant business, franchisees take advantage of managed growth by meeting the increasing demand for professionals in the building cleaning industry.
As one of Entrepreneur magazine’s Franchise 500 companies, as well as ranking among the Fastest-Growing Franchises and Low-Cost Franchises, BONUS provides franchisees with the opportunity to render a necessary service that is always in demand with training, insurance, financing, and opportunities for expansion.
| |
Operating Units |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised |
2,297 |
2,573 |
1,711 |
| | % Change | -- |
12.0% |
-33.5% |
| | Company-Owned | 0 | 0 | 0 |
| | % Change | -- |
-- |
-- |
| | Total |
2,297 |
2,573 |
1,711 |
| | % Change | -- |
12.0% |
-33.5% |
| | Franchised as % of Total |
100.0% |
100.0% |
100.0% |
Investment Required
The fee for a Bonus Building Care franchise is $7,500. BONUS offers financing for the initial franchise fee and certain new account fees for qualifying franchisees.
BONUS Building Care provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item | Established Low Range | Established High Range |
| |
Initial Franchise Fee | $7,500 | $7,500 |
| |
Expenses While Training |
$30 | $600 |
| | Equipment | $285 | $2,394 |
| | Miscellaneous Opening Costs | $525 | $1,325 |
| | Insurance | $120 | $1,500 |
| |
Additional Fund (3 Months) | $500 | $3,000 |
| | Additional Opening Accounts | $0 |
$25,575 |
| | Cell Phone | $60 | $600 |
| |
Total Initial Investment | $9,020 | $41,919 |
Ongoing Expenses
BONUS Building Care franchisees pay a support fee equal to 22% of pre-tax revenue each month, as well as an insurance fee equal to 6% of gross revenue per month. Other fees payable by the franchisee include leased equipment fees, new account fees, and one-time work contract fees.
What You Get—Training and Support
BONUS provides the necessary training on a host of procedures and skills required to run a successful commercial cleaning franchise; no previous business or sales experience is needed. BONUS franchisees benefit from the initial five hours of classroom training and extended and special services training, all designed to accommodate the franchisee’s schedule with flexible, mutually convenient times. Supplemental home-study sections complement and strengthen the hands-on training, allowing the franchisee to progress through the course material at a pace suited to their lifestyle.
BONUS provides marketing assistance on national, regional, and local levels in maintaining a full sales staff and telemarketers who work to obtain business for its franchisees. In addition, BONUS offers franchisees the opportunity to lease-purchase quality, commercially rated, earth-friendly janitorial equipment
Territory
Bonus Building Care does not grant exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2011 FDD. The 2011 write-ups will be incorporated into the 2012 Edition of Bond’s Top 100 Franchises publication.
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