Oxi Fresh Carpet Cleaning Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$53,775 - $83,830
Franchise Fee
$43,110
Total US Locations
489
Business Summary
Oxi Fresh Carpet Cleaning specializes in cleaning commercial and residential carpets, rugs, and upholstery. Oxi Fresh Businesses also provide tile and grout cleaning services, hardwood floor cleaning services, and other related services. Franchisees operate these businesses using Oxi Fresh's unique system and licensed methods.
Corporate History
Oxi Fresh Franchising Co., Inc. was incorporated in Colorado on August 17, 2006. The company began offering Oxi Fresh Carpet Cleaning franchises in 2006. An affiliate, Oxi Fresh of Denver, Inc., has operated a similar business since 2006. Another affiliate, Elephant in the Room, has offered men's grooming lounge franchises since 2018, and Fresh Sweeps Franchising Co., Inc. intends to begin offering chimney cleaning franchises.
Financial Overview
Investment Range
$53,775 - $83,830
Franchise Fee (Low)
$43,110
Franchise Fee (High)
$47,900
Marketing %
3%
Equipment Costs (Low)
$160
Equipment Costs (High)
$7,000
Working Capital
$4,500
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Oxi Fresh Franchising Co., Inc. has a total stockholder's deficit, meaning its liabilities exceed its assets, which was approximately $(2,037,496) at the end of 2024. The company also has substantial long-term debt, including a $2,105,275 note payable to a bank as part of a joint loan where Oxi Fresh Carpet Cleaning could be liable for its parent's portion if the parent defaults. However, Oxi Fresh Carpet Cleaning reported positive operating income of $1,015,747 and net income of $365,794 for 2024. The company's financial statements have received an unqualified opinion from independent auditors, indicating that the financial statements are presented fairly in all material respects.
Financing Details
Oxi Fresh Franchising Co., Inc. does not offer any direct or indirect financing to its franchisees. This means that Oxi Fresh Carpet Cleaning franchisees will need to secure their own funding for the initial franchise fee, equipment, and other startup costs through third-party lenders or personal funds. Oxi Fresh Carpet Cleaning also does not guarantee any notes, leases, or other obligations of its franchisees.
Performance Metrics
Total US Locations
489
Franchised Units
477
Corporate Units
12
Franchising Since
2006
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Oxi Fresh Franchising Co., Inc. has no litigation history that is required to be disclosed in Item 3 of its Franchise Disclosure Document. This means Oxi Fresh Carpet Cleaning has not been involved in any material litigation or legal disputes within the last three fiscal years.
Bankruptcy History
Oxi Fresh Franchising Co., Inc. has no bankruptcy history to report in Item 4 of its Franchise Disclosure Document. This indicates that neither Oxi Fresh Carpet Cleaning nor its predecessors or affiliates, nor any of its current executive officers, have filed for bankruptcy.
Agreement Terms
Initial Term
7 years
Renewal Term
7 years
Renewal Conditions
To renew an Oxi Fresh Carpet Cleaning franchise, franchisees must provide written notice between 120 days and one year before the agreement expires. They must be in full compliance with their current Franchise Agreement, have satisfied all monetary obligations owed to Oxi Fresh Franchising Co., Inc., and execute the then-current form of Franchise Agreement, which may have different terms. Franchisees are also required to meet current qualification and training requirements, update their Oxi Fresh Business operations to conform with the latest Operations Manual, sign a general release of claims, and pay a successor franchise fee equal to 10% of the then-current initial franchise fee.
Training & Support Program
Franchisor Assistance
Oxi Fresh Carpet Cleaning provides franchisees with comprehensive support, both before and after opening. Pre-opening assistance includes designating a protected territory, reviewing and approving the chosen business site (if not residential), providing an initial package of equipment and supplies at no extra cost, and identifying approved suppliers for necessary items. Franchisees also receive initial business training for up to two people, access to an 'Inner Circle' website for resources, membership to a central scheduling center, and a local telephone line (Co-Op Line) for appointments. Ongoing support involves additional training programs, including an Advanced Training Program (reimbursed for travel/lodging) and an optional Commercial/Pull System Training Program. Oxi Fresh Franchising Co., Inc. provides updated lists of approved suppliers and offers continuous consultation and advice on business, financial, operational, technical, sales, and marketing matters. The franchisor also schedules appointments through its scheduling center, provides a national toll-free number, offers access to advertising materials, and permits the use of its licensed methods and trademarks.
Initial Training Hours
18
Training Location
Lakewood, Colorado
Ongoing Support
After opening, Oxi Fresh Carpet Cleaning franchisees receive continuous training courses, including an Advanced Training Program and an optional Commercial/Pull System Training Program (for a fee), held at the franchisor's headquarters. Oxi Fresh Franchising Co., Inc. may inspect the franchisee's business and customer work and provides updated lists of approved equipment and suppliers. Franchisees also get ongoing advice and guidance on business, financial, operational, technical, pricing, sales, and advertising matters through meetings, calls, and an online 'Inner Circle' website. The central Scheduling Center continues to schedule appointments, managing Co-Op and Market Expansion Lines, and a national Toll-Free Number. Franchisees also have access to advertising and promotional materials developed by Oxi Fresh Franchising Co., Inc. and are permitted to use the licensed methods and marks, which may be updated by the franchisor.
Franchise Requirements
Ideal Candidate Profile
Oxi Fresh seeks qualified purchasers who meet current qualification and training requirements. Ideal Oxi Fresh franchisees demonstrate strong personal and financial reputation and stability. While not required to participate in the direct operation of their business daily, they must appoint an Operations Manager who does. They must also show a willingness and ability to devote their best efforts to the business.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Absentee Allowed
Territory Type
Protected
Territory Size Requirements
Each Oxi Fresh Carpet Cleaning franchise receives a protected territory that contains approximately 110,000 households. The territory boundaries are defined by county, city, zip codes, street boundaries, or other designated geographical boundaries based on Census Bureau statistics. Franchisees can acquire franchises for additional Oxi Fresh Businesses if they desire a larger territory with more households.
Staffing Notes
Oxi Fresh Carpet Cleaning franchisees are responsible for recruiting, hiring, firing, and supervising their own employees, independent agents, and an Operations Manager. If the franchisee chooses not to personally manage the business daily, an Operations Manager must be appointed and actively involved. Franchisees are solely responsible for training their staff on legal, safe, and proper work performance, though Oxi Fresh Franchising Co., Inc. provides advice and training programs. All employees must adhere to specific standards regarding training, dress, appearance, and demeanor as outlined in the Operations Manual. Franchisees may employ multiple technicians, which allows for multiple job schedules.