1/10

Franchimp Summary Rating

1 /10
Higher than 95% of peers

Franchise Summary

Description
The franchisee will offer odor removal and indoor air and surface decontamination services using BIOSWEEP technology
Company Background
BIOSWEEP is a franchisee network that offers odor removal and indoor air and surface decontamination services. The company was founded in 1996 as a subsidiary of Thermal Sciences, Inc., which specializes in the design, manufacture, installation and service of industrial heating systems for commercial enterprises across North America. In 2015 BIOSWEEP introduced their patented BiOswEEP technology to remove odors from homes and businesses with an environmentally-friendly solution. The BiOswEEP process uses ozone gas mixed with water vapor to eliminate strong odors such as pet urine or smoke from clothes or furniture without harming people or pets. BIOSWEEP has grown into a network of more than 70 franchises located throughout the United States
Franchise Opportunity
Odors and bacteria are a problem in every home, office or building. They can cause health issues, allergies and even trigger asthma attacks. The traditional methods of odor removal are ineffective because they don't eliminate the source of the odor. If you have ever used an air freshener to cover up bad smells, you know that it doesn't last long. You need a solution that is effective and will remove odors on contact--not mask them with another scent! BIOSWEEP(R) is an innovative technology that uses electrostatic attraction to pull contaminants from surfaces while also neutralizing harmful bacteria on contact without chemicals or fragrances. This revolutionary system removes odors at their source instead of just covering them up for a short period of time! It works by using negative ions (the same ones found in nature) to create charged particles which attract positively charged contaminants like smoke particles, dust mites & pet dander as well as neutralize harmful
Corporate Structure
Phocatox Technologies, LLC is an Indiana limited liability corporation organized on February 16, 2007. They maintain our principal business address at 1555 W. Oak Street, Suite 100, Zionsville, IN 46077.
Investment and Franchisee Fees
The total investment necessary to begin operation of a BIOSWEEP Franchise is $88,986. This includes $73,554 that must be paid to the franchisor or affiliate.
Royalties and Marketing Fees

Royalties : Initial Calendar Year of Agreement: No Royalty for the first 3 months. Then $1.25 per hour of BIOSWEEP Equipment use. Cumulative Annual Minimum is $1,875 ? Second Calendar Year of Agreement: $1.25 per hour of BIOSWEEP Equipment use. Cumulative Annual Minimum is $3,000 ? Third Calendar Year of Agreement: $1.25 per hour of BIOSWEEP Equipment use. Cumulative Annual Minimum is $3,500 ? Forth Calendar Year of Agreement: $1.25 per hour of BIOSWEEP Equipment use. Cumulative Annual Minimum is $4,000 ? Fifth Calendar Year of Agreement: $1.25 per hour of BIOSWEEP Equipment use. Cumulative Annual Minimum is $4,500 ? Beyond the Fifth Calendar Year: $1.45 per hour of BIOSWEEP Equipment use. Cumulative Annual Minimum is $5,215. These amounts will then increase annually by 3%.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of BioSweep Franchisees

BioSweep Franchise System Development in 2022

FAQ

How much investment do I need to start my own BioSweep business?
Franchisees typically require at least $137,824 to $162,304 investment to get their BioSweep business started
What are the initial franchise fees for BioSweep?
Franchisees typically need to pay at least $119,829 in fees directly to BioSweep in order to earn the right to launch their business
How much money can I make with a BioSweep franchise? What are the average revenues for a typical BioSweep business?
We haven’t done the math on how much revenue a typical BioSweep brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect BioSweep to generate a similar amount
How long do I need to commit to running a BioSweep unit? What is my contractual commitment?
BioSweep franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

1 /10
The Franchisor's investment costs ranges from $210,500 to $457,055 which is Much Higher than the $0 to $0 average in the Maintenance Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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