Cleanovo (SB Fabcare) - Laundry Business Franchise Opportunity

7.3 / 10  ·  Established in 2010, 25 Franchisees currently, Headquartered in Mumbai

This Company is on a Premium Plan

All Formats

Format Investment Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
FOFO USD 18.9 - 29.7 thousand USD 5.4 thousand 150 - 300 Sq Ft 3 USD 9 thousand 34% 6% royalty and 2% marketing fees
FOCO USD 18.9 - 29.7 thousand USD 4 thousand 150 - 300 Sq Ft 3 USD 9 thousand 34% We pay back 50%% of EBITDA directly to the franchisee and manage the business top line & bottom line
Direct Investment Model USD 20.2 - 29.7 thousand USD 0 150 - 300 Sq Ft 3 USD 9 thousand 22% 12%-14% fixed return on investment without any downside of the business operations or any business risk.
Format Name FOFO FOCO Direct Investment Model
Investment USD 18.9 - 29.7 thousand USD 18.9 - 29.7 thousand USD 20.2 - 29.7 thousand
Brand Fee USD 5.4 thousand USD 4 thousand USD 0
Space 150 - 300 Sq Ft 150 - 300 Sq Ft 150 - 300 Sq Ft
Staff 3 3 3
Expected Monthly Sales USD 9 thousand USD 9 thousand USD 9 thousand
Profit Margin 34% 34% 22%
Royalty / Commission 6% royalty and 2% marketing fees We pay back 50%% of EBITDA directly to the franchisee and manage the business top line & bottom line 12%-14% fixed return on investment without any downside of the business operations or any business risk.

About Cleanovo (SB Fabcare)

We are India's most trusted dry cleaning company with over 500K customers across 6 cities. We operate 25 profitable & successful stores (16 company-owned & 9 franchisees) in India and seek partners to grow with franchisees and investors. We are one of the well-known service providers in this field. Promoter has extensive experience managing many businesses. We have already accomplished the mentioned sales and profit figures across all formats so these sales and profit margins are achievable.

Products and Services

Premium Professional European style dry-cleaning, laundry services, alterations & fabric care.

Preferred Locations

Bangalore, Hyderabad, Delhi, Surat, Gurgaon, Noida, Ahmedabad, Kochi, Vadodara, Mumbai, Kollam, Telangana.

How to get Cleanovo (SB Fabcare) Franchise?

Connect with us on SMERGERS and we will guide you through the process.

What are some of the things we look for in a Franchisee?

Invest in the business set-up, choose a suitable format as per the requirement, the prior experience would be an advantage for FOFO format, marketing, oversee the operations of the business.

Support you can expect from the company

Help with complete set-up, professional training, supply of all raw materials, regular maintenance, marketing & lead generation. R&D, app development, POS software for business analytics.

Recent Activity

Profile Stats

  • 900+ Page Views
  • 400+ Investor Views

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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Frequently
Asked
Questions

  • When was Cleanovo established?
    Cleanovo was established in 2010 in Mumbai and is reported to have 25 Franchisees currently
  • What is the investment required to take up Cleanovo Franchisee?
    Investment required ranges from INR 14 lakh - 22 lakh depending on the format offered.
  • What is the space requirement for taking up Cleanovo Franchisee?
    Space required ranges from 150 - 300 sq ft depending on the format.
  • What Franchisee formats does Cleanovo offer?
    Cleanovo offers 3 formats, i.e FOFO,FOCO,Direct Investment Model.
  • How to get Cleanovo Franchisee?
    Connect with us on SMERGERS and we will guide you through the process.
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