7.3 / 10 · Established in 2010, 25 Franchisees currently, Headquartered in Mumbai
|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|
|Expected Monthly Sales||USD 9 thousand||USD 9 thousand||USD 9 thousand|
|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 LocationsBangalore, 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.
Earlier than 15 daysOwner, Electrical Products, Kanpur, Individual Investor / Buyer connected with this business
Earlier than 15 daysRestaurant Manager, Restaurant, Hyderabad, Individual Investor / Buyer connected with this business
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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.