MINT CONDITION

MINT CONDITION

Mint Condition Franchise Group, LLC offers master franchises that grant the right to sell unit franchises for operating janitorial and building maintenance service businesses under the Mint Condition brand. Master franchisees recruit and support unit franchisees who provide commercial, industrial, and institutional cleaning and maintenance services, along with ancillary products, to customers in a designated territory. The business model focuses on recurring service contracts for daily, weekly, or monthly cleaning, targeting commercial building owners and managers.

14
Locations
$118K–$719K
Investment
Since 1996
Franchising
ServicesFort Mill, SCMint Condition Holdings, LLCwww.mintconditioninc.comDisclaimer

Franchise Costs


Franchise Fee
$84,000
Item 5 of FDD
Initial Investment Range
$117,595 $718,820
Low: $117,595High: $718,820
Item 7 of FDD
Royalty Rate
4.00%
of gross sales
Brand Fund
0.75%
Item 6 of FDD
Fixed Monthly Fees
$3,050 – $4,950
Item 6 of FDD

4% royalty + 0.75% national advertising fund + $1,250/mo marketing for individual franchised businesses + $1,800/mo marketing for new commercial accounts

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0
Average Gross Profit
$0

Data Based On: 11 Master Franchisees (1 company-owned, 10 franchised) were included in the financial data sample. Each master franchise represented has been operating for at least one year as of December 31, 2024. Three master franchises operating for less than one year were excluded from the overall sample.

* Calculated from the 10 franchised master franchisees listed in the 'System-Wide' tables on pages 1 and 2. The company-owned unit (Charlotte, NC*) was excluded from all calculations. Average Gross Revenue is the sum of 'Total Gross Billings' for all 10 franchised units ($14,250,879) divided by 10. Median Gross Revenue is the median of 'Total Gross Billings' for the 10 franchised units. Revenue Top Quartile is the average of 'Total Gross Billings' for the top 5 performing franchised units ($11,277,523 / 5). Revenue Bottom Quartile is the average of 'Total Gross Billings' for the bottom 5 performing franchised units ($2,973,356 / 5). Average Gross Profit is the sum of 'Total Gross Profit' for all 10 franchised units ($4,178,213) divided by 10. No data for net income, net profit, or EBITDA was provided.

Extracted Item 19 Section

How MINT CONDITION Compares


FranchiseInvestmentFeeRoyaltyLocations
MINT CONDITION
Current
$118K – $719K$84K4.0%14
THE MAIDS$82K – $160K$57K6.9%1,517
Chem-Dry$119K – $265K$36K7.0%1,099
MERRY MAIDS$127K – $170K$55K7.0%802
OpenWorks$4K – $134K$25K15.0%615
OXI FRESH CARPET CLEANING$54K – $105K$48KN/A481
Cleaning Services Average
72 franchises
$187K – $374K$45K7.1%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 72 Cleaning Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1FL
2
2TX
2
3NC
2
4PA
1
5SC
1
6TN
1
7UT
1
8GA
1
9KS
1
10AZ
1
11MO
0

Franchisee Contacts


18 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

18 Contacts Available

Unlock all MINT CONDITION franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases5

Primarily breach of contract, fraud, unjust enrichment, unfair and deceptive trade practices, and tortious interference claims brought by individual franchisees or groups of franchisees; most cases settled, one resulted in mutual jury awards.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
1
Sold to Franchisees
0
Projected New
4

Frequently Asked Questions


The total initial investment to open a MINT CONDITION franchise ranges from $117,595 to $718,820. This includes a franchise fee of $84,000. Ongoing royalty fees are 4.0% of gross sales.

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