COIT Carpet Cleaners

Delving into the 2024 FDD, Item 7 outlines an initial investment of $63,188 to $191,988, covering the $25,000 franchise fee plus equipment and vehicles for core services like carpet, upholstery, and air duct cleaning. Ongoing fees include a 7% royalty, 1.5% brand/ad fund (capped at 2%), plus fixed costs like $200/month software base, $60/user/month, and $20/month intranet—totaling a predictable but notable bite from revenues. Item 19 shines here, reporting average gross revenues of $1,066,887 and median $446,690 across comparable outlets, suggesting top performers crush it while half land under $450K; no direct profits disclosed, but these figures beat many cleaning peers.

System vitality shows 40 franchised and 9 corporate locations, up 5% from 38 in 2022, with 4 projected new units and just 2 transfers—signaling stability over explosive expansion. Five SBA loans averaging $786,400 underscore lender confidence for scaling. For buyers eyeing recession-proof services, COIT's data paints a solid mid-tier play, but probe territory household counts, disaster restoration add-ons, and local competition via FDD Items 11-12 to gauge true ROI.