TL;DR
Oxi Fresh Carpet Cleaning has been ranked #24 on Franchise Gator's annual list of Top 100 Franchises for 2020. The company expects to open at least 50 new locations across the United States and Canada in 2020.
"This is a wonderful achievement and reflection of our entire network," said Jonathan Barnett, founder and CEO of Oxi fresh. "Our business model has not wavered over the past 14 years and to be recognized yet again by Franchise Gator is a true indicator of our success."
This is the 7th annual Top 100 list the online franchise directory has released. It was developed to assist prospective franchisees in their search for a franchise opportunity to invest in. The list focuses on company growth, financial stability, experience, and several other criteria, all in an effort to help the average franchise buyer identify minimal risk potential. The list is also meant to highlight more affordable options for the average franchise buyer.
“I’ve studied hundreds of franchise opportunities, and Oxi Fresh represents all of the traits we look for in a Top 100 franchise,” said Eric Bell, General Manager, Franchise Gator and Vice President, Franchise Ventures. “Congratulations to Oxi fresh for being an exemplary opportunity among many to choose from.”
On the heels of an extraordinary 2019 that saw Oxi Fresh achieve several milestones, Barnett is thrilled to begin 2020 with strong validation.
In 2019, Oxi Fresh opened 63 new locations in 19 states, surpassing the company’s target of 50 locations that was set early in the year. This rapid growth also helped the company reach two other major milestones - the completion of its 1 millionth job and saving of 40 million gallons of water using its proprietary cleaning method since 2006.
Looking ahead to 2020, Oxi Fresh expects to open at least 50 new locations across the United States and Canada, while bolstering its operations in states where they already have a presence.
To augment the growth, Oxi Fresh continues to seek hardworking entrepreneurs who are passionate about the brand. The franchise fee to open an Oxi Fresh location is $38,900, with the total initial investment ranging from $44,325 to $74,290.
Through innovative products and modern technology, Oxi Fresh Carpet Cleaning offers green cleanings and incredible results through a unique, low-moisture process. Oxi Fresh has been ranked in Entrepreneur magazine's Franchise 500, featured in Inc. magazine's Inc. 500|5000, and has been recognized as one of “America’s Best Franchises to Buy,” by Forbes magazine. Oxi Fresh has over 400 locations throughout the United States and Canada with more locations currently in development. For more information, visit www.oxifresh.com.
Franchise Gator, a unit of Dominion Enterprises’ Franchise Ventures division, the leading demand generation platform for franchise growth. Launched in 2002, Franchise Gator has offered information on thousands of business and franchise opportunities available in more than 100 categories. Franchise Gator provides franchises with a performance-based model for franchise marketing. For more information, please visit www. GrowWithGator.com.
In this story
This story was originally published in Franchising.com on February 5, 2020. Burnaze summarizes and links to the original reporting.
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