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Oxi Fresh Carpet Cleaning

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Residential Cleaning
Investment Range
$50,685 to $80,740
Total US Locations
493
Franchise Units
481
Founding Year
2006
Started Offering Franchises
2006
Management Capacity
Owner Operator
Job Count
4
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
N/A
Marketing Fee
3%
Franchise Fee
$47,900
Headquarters (City, State)
Lakewood, CO
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

Oxi Fresh refuses to rely on outdated methods that have proven ineffective for years. Recognizing the absence of a viable solution, they took it upon themselves to develop one. This proactive approach has positioned them as pioneers in the evolution of the carpet cleaning industry. Their substantial growth can be attributed to the combination of an exceptional cleaning system and a steadfast dedication to the success of their carpet cleaning franchise owners, providing them with a lucrative franchise opportunity. The carpet cleaning franchise distinguishes itself through innovative technology and potent yet non-toxic cleaning solutions. This approach has successfully won over numerous skeptics, as customers discover the effectiveness of Oxi Fresh's oxygenated cleaning system in breaking down stains and facilitating their easy removal from carpets. It's important to note that without the investment in their Oxi Fresh franchise owners, customers wouldn't have had the opportunity to experience this superior cleaning service.

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Management team / founders

Founded by Jonathan Barnett in August 2006, Oxi Fresh Carpet Cleaning began as a single location in Denver, Colorado. Remarkably, within less than six months, the company expanded to include 17 locations spanning five states. Recognizing the importance of brand protection, Oxi Fresh secured the registered mark for their logo, the name Oxi Fresh Carpet Cleaning®, and the slogan ""The Way Mother Nature Cleans"" in 2007. By the close of 2007, Oxi Fresh had experienced substantial growth, boasting 87 territories across 23 states. Customers were drawn to the company's environmentally-friendly and effective deep carpet cleaning service. What originated as Jonathan Barnett's venture in 2006 had now proliferated to nearly every state, earning acclaim and awards from esteemed publications such as Entrepreneur Magazine, the Franchise Business Review, and the Franchise Times.

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Focus of owner for daily business operations

As a Oxi Fresh operator, the main facets of the business entail: 1. Manage day-to-day bookings; 2. Interacting with clients and being the face of the company; 3. Hiring and managing staff; 4. Marketing and advertising locally; 5. Making sure safety standards and protocols are being met

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
N/A
6%
6%
Marketing Fee
Franchise Fee
$47,900
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
Franchised
Total Outlets
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
% of Franchisees with Completed Litigation
Number of Bankruptcies Disclosed
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.