How to Start an Oxi Fresh Franchise in Canada
- Initial Franchise Fee: The initial franchise fee for an Oxi Fresh franchise is typically around $35,000 CAD. This fee grants you the right to use the Oxi Fresh brand name and systems.
- Total Initial Investment: The total cost to start an Oxi Fresh franchise can range from $75,000 to $150,000 CAD. This includes the franchise fee, equipment, marketing, and other start-up expenses.
- Royalty Fees: Oxi Fresh charges a royalty fee of 8% on gross sales. This fee is paid to the franchisor in exchange for ongoing support and the right to operate under the Oxi Fresh brand.
- Advertising Fee: There is also an advertising fee of 2.5% of gross sales. This fee helps fund national and regional advertising efforts to promote the Oxi Fresh brand.
- Training and Support: Oxi Fresh offers a comprehensive training program, which includes both classroom and in-field training. They also provide ongoing support through marketing, operational guidance, and access to a large network of fellow franchisees.
- Territory Size: Franchisees are provided with an exclusive territory, typically based on population density. The size and cost of the territory will vary depending on location.
- Ongoing Costs: Aside from the royalty and advertising fees, ongoing costs include vehicle expenses, insurance, employee salaries (if applicable), and supplies necessary to operate the business.
- Revenue Potential: The revenue potential can vary widely depending on location, the franchisee’s business management skills, and the local market. Franchisees have the opportunity to earn significant revenue, but success largely depends on the franchisee’s ability to execute the business model.
- Financing: Financing options may be available through third-party lenders or the franchisor’s recommended financial partners.
Disclaimer: This information has no guarantee of accuracy. Please verify details with the official Oxi Fresh Franchise team.