Grand Opening Advertising Fee
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When Franchisee Signs Franchise Agreement

OMEX

1. Franchise Snapshot

Why this franchise?
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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?
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Prior Visa Franchise Clients?
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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.

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
Franchise Fee
$30,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
initial Franchise Fee
$9,761
$9,471
When Franchisee signs Franchise Agreement
Equipment
$9,761
$9,471
As Arranged
Insurance
$9,761
$9,471
As Arranged
Insurance
$9,761
$9,471
As Arranged
Office Furniture, Equipment, Supplies
$9,761
$9,471
As Arranged
Vehicles
$9,761
$9,471
As Arranged
Real Estate/Rent
$9,761
$9,471
As Arranged
Lease and Utility Security Deposits
$9,761
$9,471
As Arranged
Initial Inventory
$9,761
$9,761
As Arranged
Signage
$9,761
$9,471
As Arranged
Leasehold Improvements
$9,761
$9,471
As Arranged
Legal/Accounting
$9,761
$9,471
As Arranged
Software
$9,761
$9,471
As Arranged
Additional Funds (3 months)
$9,761
$9,471
As Arranged
Total Estimated Initial Investment:
$9,761
$9,471
$9,761
$9,471
$9,761
$9,471
$9,761
$9,471
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
2021
+4
22
26
Franchised
2022
26
26
-3
2023
26
24
-3
2021
1
1
-3
Company-Owned
2022
1
1
0
2023
1
1
0
2021
23
27
+4
2022
27
28
+1
2023
28
25
-3
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
0
0
0
0
0
0
0
0
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
Historical financial performance representations
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

*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.