Coverall Cleaning Services offers a lucrative business opportunity for individuals looking to enter the commercial cleaning industry in the UK. The franchise has a proven business model and operates across multiple locations, offering cleaning services to offices, medical facilities, and industrial spaces. Here’s a breakdown of the cost involved in starting a Coverall Cleaning Franchise in the UK.
Investment Range
The cost to start a Coverall Cleaning franchise in the UK generally falls within the range of £12,000 to £30,000. The exact cost depends on several factors, including the specific location, scale of the business, and the type of package selected. The investment can be broken down into the following key areas:
- Franchise Fee: The initial franchise fee is typically around £10,000 to £15,000. This fee grants you access to the Coverall brand, training, and support.
- Equipment and Supplies: An additional cost is required for cleaning equipment and initial inventory. This can range between £2,000 and £5,000.
- Marketing and Advertising: Marketing materials and promotional campaigns can cost between £500 and £2,000 to help promote your new franchise.
- Working Capital: As with any business, having some working capital on hand is essential. This may range between £2,000 and £5,000, depending on your local market.
What’s Included in the Investment?
- Training and Support: Comprehensive training programs and ongoing support to help you succeed.
- Exclusive Territory: Coverall grants franchisees exclusive rights to a specific territory.
- Brand Recognition: Benefit from the established reputation of Coverall in the commercial cleaning industry.
- Ongoing Guidance: Continued business development and operational support.
Additional Considerations
- Royalty Fees: Franchisees are typically required to pay royalty fees, which are a percentage of revenue, usually around 5-10%.
- Marketing Fees: Some franchise models require contributions to a national marketing fund, typically around 1-2% of monthly revenue.
Bullet Points:
- Investment Range: £12,000 to £30,000.
- Initial Franchise Fee: £10,000 to £15,000.
- Additional Costs: Equipment, marketing, and working capital.
- Royalty Fees: 5-10% of monthly revenue.
- Marketing Fees: 1-2% of monthly revenue.
- Training and Support: Comprehensive training and ongoing operational assistance.
Disclaimer
Please note that the figures above are indicative and can vary depending on factors such as location, size of the business, and the specific needs of the franchisee. It is advisable to reach out directly to Coverall for the most accurate and up-to-date information on franchise costs and terms.