In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:
Section I – Estimated initial investment (franchise costs) for a Fish Window Cleaning franchise, based on Item 7 of the company’s 2023 FDD
Section II – Initial franchise fee, royalty fee, and marketing fee for a Fish Window Cleaning franchise, based on Items 5 and 6 of the company’s 2023 FDD
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Section IV – News updates on the Fish Window Cleaning franchise opportunity
Section V – Presentation and analysis of Fish Window Cleaning’s financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2023 FDD, including information on the:
- 2022 average, median, highest, and lowest number of new customers and total revenue for the top 10%, top 50%, bottom 50%, and bottom 10% of the 255 Fish Window Cleaning franchised outlets that were open and operating for the 12-month period from January 1, 2022 until December 31, 2022
- 2022 average, median, highest, and lowest revenue from a residential window cleaning, commercial window cleaning, and annual price for a commercial route job for the 255 Fish Window Cleaning franchised outlets that were open and operating for the 12-month period from January 1, 2022 until December 31, 2022
Section VI – Key ratios, comparables, computations, and analyses for the Fish Window Cleaning franchise opportunity (exclusive content for Platinum subscribers)
Section I – Fish Window Cleaning Franchise Costs
- Fish Window Cleaning (standard package) franchise costs, based on Item 7 of the company’s 2023 FDD:
- Initial Franchise Fee: $59,900
- Travel and Living Expenses to Attend Training: $1,500 to $2,500
- Equipment Package: $9,000 to $10,500
- Office Package: $11,000 to $13,000
- Initial Business Development and Marketing: $13,500
- Vehicle: $1,000 to $2,000
- Vehicle Modification: $3,500
- Attorneys’ Fees: $500 to $2,000
- Office Space for 3 Months: $3,000 to $4,500
- Insurance Premiums: $1,800 to $2,800
- Business Licenses and Membership Dues: $100 to $900
- Additional Funds for 3 Months: $22,700 to $25,700
- Total Estimated Fish Window Cleaning Franchise Costs: $127,500 to $140,800
Section II – Fish Window Cleaning’s Initial Franchise Fee, Royalty Fee, and Marketing Fee
- Fish Window Cleaning’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2023 FDD:
- Initial Franchise Fee: $49,900 to $74,900
- Royalty: 6%-8% of greater of (i) Gross Sales or (ii) Applicable Minimum Performance Standard
- Brand Building Fee: 1% of greater of (i) Gross Sales or (ii) Applicable Minimum Performance Standard
Section III – Number of Franchised and Company-Owned Fish Window Cleaning Outlets
Franchised
2020
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When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code, and a territory specialist will walk you through the franchises still available near you, drawing on information that isn't publicly accessible, saving you months of wasted research.🔴Free Webinar: 6 Under-the-Radar Franchise Concepts That Serious Buyers Should Know
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- Outlets at the End of the Year: 279
- Net Change: 0
2021
- Outlets at the Start of the Year: 279
- Outlets at the End of the Year: 270
- Net Change: -9
2022
- Outlets at the Start of the Year: 270
- Outlets at the End of the Year: 263
- Net Change: -6
Company-Owned
2020
- Outlets at the Start of the Year: 1
- Outlets at the End of the Year: 1
- Net Change: 0
2021
- Outlets at the Start of the Year: 1
- Outlets at the End of the Year: 1
- Net Change: 0
2022
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When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code, and a territory specialist will walk you through the franchises still available near you, drawing on information that isn't publicly accessible, saving you months of wasted research.📈Dreaming of Multi‑Unit Success? Lock In Prime Territories Before They're Gone.
Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations, before someone else does. A franchise specialist will be in touch to present what's available.- Outlets at the Start of the Year: 1
- Outlets at the End of the Year: 1
- Net Change: 0
Section IV – News Updates on the Fish Window Cleaning Franchise
Section V – Financial Performance Representations (Average Revenues and/or Profits) for the Fish Window Cleaning Franchise (Item 19, 2023 FDD)
Part 1 – Number of New Customers and Total Revenue
- The information in the table below is a historical financial performance representation for a subset of Fish Window Cleaning businesses from January 1, 2022 until December 31, 2022.
- Fish Window Cleaning had 264 outlets in its system as of December 31, 2022, which number includes 1 affiliate-owned outlet. The information in the table below is based on information for the 255 franchised outlets that were open and operating for the 12-month period from January 1, 2022 until December 31, 2022.
- The remaining 6 franchised outlets that were open as of December 31, 2022 were not included in the table below for 2022 because they were not open and operating for the 12-month period ending December 31, 2022. 11 franchised outlets permanently closed during the 2022 fiscal year (0 of which had been open for less than 12 months) and were also excluded from this Item 19.
- The affiliate-owned outlet is excluded from the below table for the 2022 fiscal year.
- The information in the table below was prepared from sales records and reports from the franchised businesses. Fish Window Cleaning’s affiliate-owned business is not included in the tables below.
- Fish Window Cleaning does not know of an instance, nor does it have reason to believe, that a franchisee would overstate or understate the information in the table below. The information provided has not been audited or submitted as part of a financial statement reporting requirement.
- The Fish Window Cleaning businesses included in this financial performance representation share similar characteristics in that they are in similar locations, have similar degrees of competition, offer similar services, and are entitled to receive similar goods and services from Fish Window Cleaning.
Top 10%
- Average Number of New Customers in 2022: 652
- Median Number of New Customers in 2022: 631
- High Number of New Customers in 2022: 961
- Low Number of New Customers in 2022: 507
- Average Total Revenue in 2022: $1,150,446
- Median Total Revenue in 2022: $1,030,425
- High Total Revenue in 2022: $2,276,616
- Low Total Revenue in 2022: $802,183
Top 50%
- Average Number of New Customers in 2022: 402
- Median Number of New Customers in 2022: 361
- High Number of New Customers in 2022: 961
- Low Number of New Customers in 2022: 217
- Average Total Revenue in 2022: $665,763
- Median Total Revenue in 2022: $562,393
- High Total Revenue in 2022: $2,276,616
- Low Total Revenue in 2022: $367,350
Bottom 50%
- Average Number of New Customers in 2022: 128
- Median Number of New Customers in 2022: 137
- High Number of New Customers in 2022: 217
- Low Number of New Customers in 2022: 13
- Average Total Revenue in 2022: $217,960
- Median Total Revenue in 2022: $220,063
- High Total Revenue in 2022: $359,639
- Low Total Revenue in 2022: $54,646
Bottom 10%
- Average Number of New Customers in 2022: 55
- Median Number of New Customers in 2022: 49
- High Number of New Customers in 2022: 70
- Low Number of New Customers in 2022: 13
- Average Total Revenue in 2022: $104,252
- Median Total Revenue in 2022: $110,336
- High Total Revenue in 2022: $134,492
- Low Total Revenue in 2022: $54,646
- Number of New Customers. This number represents the number of new commercial customers and new residential customers that outlets provided service to in 2022.
- “Total Revenue” means the total revenues derived in and from the operation of the Business or Businesses referenced in each subgroup.
- Outlet Results. The outlets in the top 10% or top 50% for one category in the table above may not be in the top 10% or top 50% for any other category.
- Affiliate-Owned Business Results. The table above only includes information relating to franchised outlets. The one affiliate-owned business located in St. Louis, Missouri, had 1,139 new accounts and Total Revenue of $1,579,839 in 2022.
Part 2 – Average Revenue from a Residential Window Cleaning/Commercial Cleaning, and Average Annual Price for a Commercial Route Job
- The information in the table below is based on information for the 255 franchised outlets that were open and operating for the 12-month period ended December 31, 2022.
Average Revenue from a Residential Window Cleaning
- Average for Reporting Outlets 2022: $329
- Median for Reporting Outlets 2022: $318
- Lowest for Reporting Outlets 2022: $111
- Highest for Reporting Outlets 2022: $731
Average Revenue from a Commercial Window Cleaning
- Average for Reporting Outlets 2022: $69
- Median for Reporting Outlets 2022: $65
- Lowest for Reporting Outlets 2022: $33
- Highest for Reporting Outlets 2022: $262
Average Annual Price for a Commercial Route Job
- Average for Reporting Outlets 2022: $957
- Median for Reporting Outlets 2022: $852
- Lowest for Reporting Outlets 2022: $471
- Highest for Reporting Outlets 2022: $4,264
- Average Revenue from a Residential Window Cleaning. This average represents the average revenue received by the applicable outlets from a residential window cleaning in the respective calendar year.
- Average Revenue from a Commercial Window Cleaning. This average represents the average revenue received by the applicable outlets from a commercial window cleaning in the respective calendar year.
- Average Annual Price for a Commercial Route Job. A commercial route job is a recurring commercial window cleaning job that an outlet performs at least eight times in at least one of the franchisor’s 13 four-week accounting periods (the franchisor has 13 four-week accounting periods, not 12 monthly accounting periods).
- This average represents the average annual price scheduled in the franchisor’s proprietary software application to be charged for all of the window cleanings associated with a commercial route job in the respective calendar year. This average does not represent the average revenue that was received as a result of the window cleanings for a commercial route job in the respective calendar year.
- Affiliate-Owned Business Results. This chart only includes information relating to franchised outlets.
- In 2022, the one affiliate-owned business located in St. Louis, Missouri had $401 in Average Revenue from a Residential Window Cleaning, $71 in Average Revenue from a Commercial Window Cleaning, and $731 in Average Annual Price for a Commercial Route Job.
- Some outlets have earned the amounts set forth in this financial performance representation. Your individual results may differ. There is no assurance that you will earn as much.
Section VI – Fish Window Cleaning Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️
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