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Description

How to Open a Buildingstars Franchise?

To start your journey as a Buildingstars franchisee, you will need to become familiar with the franchise application process. This typically begins with an application form, followed by a review of the Buildingstars franchise opportunity, including their operations manual. After a series of interviews and possibly a discovery day at their headquarters in St. Louis, Missouri, you may receive approval to open a franchise location. This process allows you to engage with current franchisees and gain insights into the business model.

What Makes Buildingstars a Good Franchise Choice?

Before committing to a Buildingstars franchise, it's essential to conduct thorough due diligence. This involves analyzing the initial investment, which includes a franchise fee and startup costs, as well as ongoing fees such as royalties and advertising costs. Engaging with a financial advisor and a franchise attorney can provide additional clarity. Additionally, assessing the local market demand for cleaning services is crucial, as Buildingstars thrives in areas with a solid commercial base.

Why Consider Becoming a Buildingstars Franchisee?

Buildingstars offers a proven business model in the commercial cleaning industry, which is growing due to increasing demand for janitorial services. They provide extensive training and support, ensuring that franchisees are well-equipped to operate their business effectively. The franchise system allows for scalability, meaning you can start small and expand as you gain experience and revenue. If you enjoy managing a team and delivering quality service, this opportunity could align well with your passions.

Is Owning a Buildingstars Franchise Right for You?

The cleaning industry can be competitive, but Buildingstars has established itself as a reputable brand since its inception in 1994, with over 1,060 franchises as of December 2023. This franchise opportunity is designed for individuals who are ready to take on the responsibility of managing a cleaning business, including acquiring customer accounts and maintaining service quality. If you're prepared for the operational demands and the potential for growth, Buildingstars may be a beneficial venture for you.

Buildingstars Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

A broad sector defining similar types of franchise businesses.

Industry

Cleaning Franchises
A more specific division within the broader industry.

Category

Commercial Cleaning
Available financing options to help start the franchise.

Funding Year

2008
The main organization that owns the franchise brand.

Parent Company

Buildingstars International, Inc.
The key individuals guiding the franchise’s strategy and growth.

Leadership

Christopher J. Blasé
The official business address of the franchisor’s headquarters.

Corporate Address

33 Worthington Access Drive, St. Louis, Missouri 63043
The total amount required to launch the franchise.

Initial Investment

$113,700 - $287,500
The initial fee paid to join the franchise system.

Franchise Fee

$50,000
Ongoing percentage of revenue paid to the franchisor.

Royalty Fee

1%
Regular contribution toward the franchise’s advertising fund.

Marketing Fee

1%
The minimum liquid capital you must have on hand.

Cash Required

$60,000
The minimum total assets (minus liabilities) you must possess.

Net Worth Required

$60,000 - $150,000
The typical yearly revenue generated per franchise location.

Average Revenue

$5,800,447
The middle value of yearly revenue among franchise locations.

Median Revenue

$1,946,358
The smallest reported annual revenue among franchisees.

Lowest Revenue

$401,041
The largest reported annual revenue among franchisees.

Highest Revenue

$31,969,943
The estimated timeframe to recover your initial costs.

Breakeven Time

12 Months
The estimated period to recoup your total investment.

Investment Payback

24 Months

Buildingstars Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes shown in the chart and table.

The overall number of operating franchise locations.

Total Units

15
The number of locations owned by independent franchisees.

Franchised Units

2
The number of locations owned and run by the franchisor.

Corporate Units

13
Units 2021 2022 2023
Total Units 12 14 15
Net Change YoY 2 1
Franchised Units 3 2 2
Net Change YoY -1 0
Corporate Units 9 12 13
Net Change YoY 3 1

Company Background

Buildingstars International, Inc., originally incorporated as Advantage Building Services, Inc. in 1994, has established itself as a leader in the commercial cleaning franchise sector. With a principal office in St. Louis, Missouri, Buildingstars operates under the "Buildingstars" brand and has been offering subfranchises since 2009. By the end of 2023, the company boasted over 1,060 franchises, showcasing a robust growth trajectory in the cleaning service industry.

Franchise Opportunity

Investing in a Buildingstars franchise presents a lucrative opportunity for entrepreneurs interested in the cleaning industry. Franchisees can choose from various subfranchise programs, including the Technician Program, On-Site Manager Program, and Corporate Program, allowing for scalability based on individual business goals. The initial investment ranges from $113,700 to $287,500, making it accessible for many aspiring business owners.

Corporate Structure

Buildingstars operates under a well-defined corporate structure, with Buildingstars International, Inc. as the franchisor and Buildingstars Management, Inc. managing the day-to-day operations. This structure supports franchisees through dedicated training, marketing, and operational assistance, ensuring compliance with brand standards and operational efficiency. The company’s focus on franchisee support is a cornerstone of its business model.

Royalties

Franchisees are required to pay an ongoing royalty fee based on their gross sales, which is crucial for maintaining brand support and resources. While specific rates may vary, the franchise agreement typically includes a structured fee system that aligns with the franchisee's success, ensuring mutual growth.

Company Mission

Buildingstars is committed to providing exceptional cleaning services while fostering a culture of integrity and reliability. The company's mission focuses on delivering high-quality service to customers and supporting its franchisees in building successful businesses. Buildingstars emphasizes community engagement and sustainability in its operations, aligning its practices with modern environmental standards.

Brand Story

The journey of Buildingstars began in 1994, providing cleaning services in the St. Louis area. Over the years, the brand evolved significantly, transitioning into a franchise model that has expanded its reach across the United States. Buildingstars has become synonymous with quality and professionalism in the cleaning industry, utilizing innovative systems and training programs to empower its franchisees.

Frequently Asked Questions

The estimated total initial investment for a Buildingstars franchise ranges from approximately $113,700 to $287,500. This includes franchise fees, equipment, supplies, and other startup costs necessary for launching your cleaning business.