Grand Opening Advertising Fee
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When Franchisee Signs Franchise Agreement

OMEX

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our Take
5. Additional Resources

1. Franchise Snapshot

Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Commercial Cleaning
Investment Range
$52,400 - $82,600
Total US Locations
25
Franchise Units
24
Founding Year
1979
Started Offering Franchises
1991
Management Capacity
Owner Operator
Job Count
10
Prior E2 Investors?
Yes
Prior Visa Franchise Clients?
Yes
Royalty Fee
4%
Marketing Fee
1%
Franchise Fee
$30,000
Headquarters (City, State)
Camp Hill, PA
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.

*Information presented in these videos may change over time and may not reflect the most current franchise offering. Prospective franchisees should review the latest Franchise Disclosure Document (FDD) and consult directly with the franchisor for updated information.

2. Franchise Overview

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Overview

OMEX is a multi-million dollar, quality office cleaningfacility service organization established in 1979 with the capability to successfully perform services for many ofthe area's most prestigious facilities including corporateoffices, medical facilities, and manufacturing facilities. Omex business cleaning services management team represents a combined total of over 60 years of commercial cleaning experience in quality office cleaning. OMEX covers millions of square feet performing daily commercial cleaning services with more than 1000 employees with offices throughout North America. OMEX is a member of the BSCAI (Building Service Contractors Association International). OMEX is also a member of the Cleaning Management Institute. Each OMEX office is an independently owned and operated business cleaning service. The mission of an OMEX business is to provide first rate cleaning services to “Class A” office environments. OMEX businesses strive to maintain long term relationships with client accounts by solving unique cleaning situations rather than simply being another undistinguished alternative in the marketplace. The sterling reputation of OMEX businesses allows each franchise to be selective in the accounts it undertakes, targeting only niche prospects for the ease of operation and greatest profit yield. An OMEX business will strive for controlled growth to ensure ongoing client satisfaction.

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Management team / founders

Gerald Boarman began OMEX in 1979 with thedesire to control his own destiny.Boarman’s original operation employs hundreds of people who manage maintenance and cleaning services for millions of square feet of office space. OMEX has successfully supported the start-up of franchise offices throughout the United Statesand Canada by employing the OMEX Business Management System—a continually evolving and complete business model that is at the heart of every successful OMEX franchise operation. The company is also led by a very experienced and supportive management team that helps and trains franchisees so that they have all of the tools to success at their disposal.

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Focus of owner for daily business operations

As an OMEX operator, the main facets of the business entail: 1. Selling and marketing of cleaning services; 2. Management and hiring of cleaning staff; 3. Scheduling of staff to match cleaning contracts; 4. Review of financials

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
4%
6%
6%
Marketing Fee
1%
2%
2%
Franchise Fee
$30,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
initial Franchise Fee
$25,000
$35,000
When Franchisee signs Franchise Agreement
Equipment
$3,000
$4,000
As Arranged
Insurance
$1,500
$1,500
As Arranged
Training
$750
$2,000
As Arranged
Office Furniture, Equipment, Supplies
$2,000
$5,000
As Arranged
Vehicles
$1,400
$1,600
As Arranged
Real Estate/Rent
$2,250
$3,000
As Arranged
Lease and Utility Security Deposits
$1,000
$1,500
As Arranged
Initial Inventory
$1,500
$2,000
As Arranged
Signage
$0
$500
As Arranged
Grand Opening Advertising Fee
$4,000
$4,000
When Franchisee Signs Franchise Agreement
Leasehold Improvements
$0
$2,000
As Arranged
Legal/Accounting
$1,000
$1,500
As Arranged
Software
$1,000
$1,000
As Arranged
Additional Funds (3 months)
$8,000
$18,000
As Arranged
Total Estimated Initial Investment:
$52,400
$82,600
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
N/A
2021
22
26
+4
Franchised
2022
26
27
+1
N/A
2023
27
24
-3
N/A
2021
1
1
0
Company-Owned
2022
1
1
0
N/A
2023
1
1
0
N/A
2021
23
27
+4
Total Outlets
2022
27
28
+1
N/A
2023
28
25
-3
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
OMEX
0% / -7.7%
11.1% / 14.3%
0% / 4.2%
Industry median
3.4% / 11.8%
4% / 12.4%
1% / 5.6%
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
46,71%
10 Year Cumulative Defaults
50,00%
3 Year Predicted Default Rate
6,92%
*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
Franchisor company financial information, if disclosed by the franchisor.
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*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

In terms of low investment, operationally simplistic businesses, Omex is a solid option. The franchise has been established over 39 years and is the preferred commercial cleaning company of many regional, national, and Fortune 500 companies. The franchisor provides support in all facets of the business, from training to obtaining contracts.