|
Below is an in-depth analysis and side-by-side comparison of OpenWorks vs BearCom Building Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $15,000 - $150,000 | $12,800 - $39,300 |
Franchise Fee | $14,000 - $67,500 | $9,990 - $14,990 |
Royalty Fee | 5-10% | 6-8% |
Advertising Fee | - | - |
Year Founded | 1983 | 1979 |
Year Franchised | 1983 | 1990 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | Yes/No |
Start-up Costs | Yes/No | No/No |
Equipment | Yes/No | No/No |
Inventory | Yes/No | No/No |
Receivables | Yes/No | Yes/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Toll-free phone line, Internet, Field operations/evaluations |
Marketing | Regional advertising | - |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home. Franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit - 2
Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
Founded in 1983, OpenWorks provides cleaning; carpet and upholstery service; hard floor maintenance; pressure washing; window cleaning; day porter; and handyman services for large and small offices, medical facilities, hotels, restaurants and financial institutions. Master franchises are also available nationwide.
Dennis and Jill Jenkins, parents of nine children, started their first cleaning business in Billings, Montana, in 1971. Eight years later, after expanding their business through Montana, Missouri, Utah and Kansas, the Jenkins officially founded Laser Chem Commercial Cleaning. In 2004, the company changed its name to BearCom Building Services.
Today the company, now lead by son Michael, offers janitorial services to commercial customers across the United States.