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Below is an in-depth analysis and side-by-side comparison of BearCom Building Services vs Parker Finch Management including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $12,800 - $39,300 | $43,300 - $82,900 |
Franchise Fee | $9,990 - $14,990 | $25,000 |
Royalty Fee | 6-8% | 3% |
Advertising Fee | - | - |
Year Founded | 1979 | 1993 |
Year Franchised | 1990 | 2006 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | varies |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | Yes/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Toll-free phone line, Internet, Field operations/evaluations | - |
Marketing | - | - |
Operations |
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 |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
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.
Parker Finch Management is a community association management company. We are the only current franchise in this large and highly profitable industry. Our proprietary business methods combine the stengths of a local franchise presence with the efficiencies of a centralized accounting, legal, and information technology operation. A Parker Finch Management franchise has three attributes: 1) it helps people create a sense of belongingness and helps enhance people's financial security; 2) it is a high prestige management business; and 3) can provide an excellent income for its franchisees. Parker Finch Management is looking for people who: * Have a Passion & Desire to Help Others and Want to be Involved in Their Community * Have Good Presentation and Communication Skills * Desire Flexible, Non-Retail Working Hours * Enjoy Managing and Coaching Others * Enjoy Dealing with People - Not Paperwork! * Have the Ability to Invest Approximately $100,000