The Coverall (Commercial Cleaning) Franchise Business Model
1. Coverall sells franchises as packages. The Franchise Package is described as a specified amount of Initial Business, which Coverall must offer to you within a certain amount of time.
2. These Franchise Packages are described in terms of gross monthly dollar volume (i.e. a P-1500 Franchise Package means $1,500 in gross monthly dollar volume).
3. In addition, under the Franchise Agreement, Coverall will guarantee your Initial Business for up to a maximum of 12 months, subject to conditions specified in Item 11 of their FDD.
4. The Franchise Package purchased is not a guarantee that you will earn an equivalent amount of gross revenue each month; neither does it mean that Coverall is obligated at any time to replace lost customers to enable you to maintain that level of revenue.