Cleanest Restaurant Group logo

Cleanest Restaurant Group Franchise

Audited Financials
Cleaning & JanitorialEst. 2022New York, NY
cleanestrestaurantfranchise.com

Risk Score

Pending analysis

Investment Range

$102,686 - $374,174

Franchise Fee

$48,333

Total US Locations

11

Business Summary

Cleanest Restaurant Group offers professional restaurant cleaning services, including overnight cleaning, and other related services and products. These services are provided on-site at customer locations within the designated operating territory.

Corporate History

Cleanest Restaurant Group Franchise Inc. was established in New York on January 26, 2022, and began offering franchises on March 25, 2022. The franchisor conducts business under its corporate name, Cleanest Restaurant Group Franchise Inc. and Cleanest Restaurant Group. It operates the Cleanest Restaurant Group franchise system by granting franchises. An affiliate, Cleanest Restaurant Group, Inc., was established in April 2017 and operates a similar business using the same brand marks. Another affiliate, Cleanest Restaurant Group IP, Inc., was established in January 2022 and owns the Licensed Marks.

Financial Overview

Investment Range

$102,686 - $374,174

Franchise Fee (Low)

$48,333

Franchise Fee (High)

$60,000

Royalty %

8%

Marketing %

1%

Equipment Costs (Low)

$2,500

Equipment Costs (High)

$5,850

Working Capital

$22,407

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

The franchisor's financial condition, as noted in the Special Risks section of its Franchise Disclosure Document, calls into question Cleanest Restaurant Group's financial ability to provide services and support to franchisees. The auditor's report on Cleanest Restaurant Group's financial statements for 2022, 2023, and 2024 does not include a going concern qualification and states that the financial statements present fairly in all material respects.

Financing Details

Cleanest Restaurant Group does not offer any direct or indirect financing to its franchisees. The franchisor also does not guarantee any franchisee's notes, leases, or other obligations.

Performance Metrics

Total US Locations

11

Franchised Units

10

Corporate Units

1

Franchising Since

2022

Agreement Terms

Initial Term

5 years

Renewal Term

5 years

Renewal Conditions

To renew their franchise, Cleanest Restaurant Group franchisees must be in compliance with their Franchise Agreement, provide 180 days prior written notice of their intent to renew, and sign the then-current form of Franchise Agreement and related agreements for the renewal term. Franchisees must also sign a general release in favor of Cleanest Restaurant Group, pay a renewal fee, and meet all other renewal requirements outlined in the Franchise Agreement. Owners and their spouses must also comply with their agreements and personally guarantee the terms of the new renewal Franchise Agreement, which may have materially different terms.

Training & Support Program

Franchisor Assistance

Cleanest Restaurant Group provides pre-opening assistance including granting the franchise, reviewing and approving the operating territory, providing access to confidential manuals, listing approved suppliers and distributors, and approving signs, equipment, furniture, and fixtures. The franchisor also identifies and locates the franchisee's business on its website and provides initial training to the franchisee or managing owner and one manager. Post-opening, Cleanest Restaurant Group communicates operating standards, provides marketing standards and approval, lists approved vendors, and may coordinate an annual conference. They also offer supplemental training, initial training for replacement operating managers, administer marketing funds, and may suggest pricing levels. They will also provide two to three days of in-market support after the pre-opening process concludes.

Initial Training Hours

45

Training Location

New York, New York

Ongoing Support

After opening, Cleanest Restaurant Group provides ongoing support through communication of operating standards, marketing standards, and approved vendors. The franchisor may also coordinate an annual system conference that franchisees are required to attend. Supplemental training is available upon request or if performance standards are not met, with a fee. Initial training is also available for replacement operating managers. The franchisor administers marketing funds, suggests pricing levels, and requires franchisees to participate in designated customer review tracking and reputation management services. Cleanest Restaurant Group provides two to three days of in-market support following the pre-opening process, and franchisees are also required to upgrade computer systems and software.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Hybrid

Owner Participation

Full-Time

Territory Type

Non-Exclusive

Territory Size Requirements

Cleanest Restaurant Group territories are defined as a geographic area with an approximate population of 300,000 people. Additional territories can be purchased, each also encompassing around 300,000 people, with population calculated based on raw data without demographic or age considerations.

Staffing Notes

Cleanest Restaurant Group franchisees are solely responsible for hiring, training, and managing their employees. They must ensure all employees wear approved uniforms and maintain proper System Supplies. An approved Managing Owner must be personally responsible for daily management and work full-time in the business, or an approved Operating Manager must fill this role. All employees who access confidential information must sign a confidentiality agreement.