Stratus Building Solutions
Environmentally friendly commercial cleaning and disinfecting- 2023 Franchise 500 Rank
-
#35 Ranked #32 last year
- Initial investment
-
$4K - $80K
- Units as of 2022
-
2,900 62.3% over 3 years
Since its founding in 2004 and subsequent franchising in 2006, Stratus Building Solutions has provided environmentally responsible commercial cleaning services, relying on the latest janitorial technologies, such as UVC light and HEPA filters. They also only use green seal-certified cleaning products. The brand is a constant recipient of industry awards and distinctions, including a spot in Entrepreneur's Franchise 500 many times in the past decade. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
As a franchisee, you may keep not only business spaces clean and healthy, but the environment as well - a noble way indeed to help the planet.
Why You May Want to Start a Stratus Building Solutions Franchise
With its brand familiarity and untainted credibility, a Stratus Building Solutions franchise may be unlikely to go through the typical business challenges in infancy.
So if you're looking for opportunities in the world of opening a franchise, then Stratus Building Solutions might be for you. The company has established its presence in more than 55 critical points across the U.S. and Canada, with over 2,000 strategically distributed unit franchises around these two countries.
What Might Make Stratus Building Solutions Franchise a Good Choice?
Commercial company cleaning may be one of today's most impressive business sectors. A Stratus Building Solutions franchise may continue to serve up fresh opportunities, with new buildings and businesses opening every day. Not to mention, you can begin with a relatively low initial investment, with more than 15 franchise micro-options to choose from, depending on your plans and capability.
Regardless of which option you choose, you may receive customer accounts, state-of-the-art equipment and materials, and unending growth opportunities and support, including memberships, training, billing and collections assistance, and so on. Best of all, you probably won't need any experience, as all training will be provided.
To be part of the Stratus Building Solutions team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How Do You Open a Stratus Building Solutions Franchise?
When considering starting a Stratus Building Solutions franchise, you might first decide between a master franchise and a unit franchise. If you're an experienced executive looking to expand your business horizons, build a community legacy, and build on your current skills, a master franchise may be right for you.
If you're more interested in starting locally, you would be a good candidate for a unit franchise. This typically requires a smaller initial investment, with a financing option if needed.
Although each franchise application is unique, it generally takes anywhere from four to eight weeks before you can sign your franchise agreement and Franchise Disclosure Document. After this paperwork is completed, you can continue the process to officially open your business.
Company Overview
About Stratus Building Solutions
- Industry
- Maintenance
- Related Categories
- Commercial Cleaning, Miscellaneous Maintenance Businesses, Cleaning/Restoration
- Founded
- 2004
- Leadership
- Rob Lancit, VP Franchise Development
- Corporate Address
-
10530 Victory Blvd.
North Hollywood, CA 91606
Business Overview
- Franchising Since
- 2006 (2023-2006 years)
- # of employees at HQ
- 14
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees in the following international regions: Canada
- # of Units
- 2,900 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Stratus Building Solutions franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
-
Initial Franchise Fee
Information Circle - $3,600 - $69,000
-
Initial Investment
Information Circle - $4,450 - $79,750
-
Net Worth Requirement
Information Circle - $5,000 - $40,000
-
Cash Requirement
Information Circle - $2,000 - $20,000
-
Veteran Incentives
Information Circle - 10% off franchise fee
-
Royalty Fee
Information Circle - 5%
-
Ad Royalty Fee
Information Circle - to 1%
-
Term of Agreement
Information Circle - 12 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Stratus Building Solutions offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 6.5 hours
- Classroom Training
- 8 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
-
Can this franchise be run from home/mobile unit?
Information Circle - Yes
-
Can this franchise be run part time?
Information Circle - Yes
-
Are exclusive territories available?
Information Circle - No
Interested in ownership opportunities like Stratus Building Solutions? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Stratus Building Solutions landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Stratus Building Solutions ranked on other franchise lists? Find out below.
Ranked #35 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #1 in 2023
Meet the companies that are leveraging their ability to scale fast across the U.S. and Canada in Entrepreneur's annual fastest-growing franchises ranking.
Ranked #6 in 2023
Check out the top franchises that offer you the freedom of working from home or on-the-go.
Ranked #168 in 2023
Top Global Franchises
Ranked #7 in 2021
If you're in search of a side gig, check out this ranking of the top franchise opportunities that can be run on a part-time basis.
Ranked #2 in 2023
Buying a franchise on a budget? No problem. Here are the top franchises that can be started for less than $50,000. For more low-cost opportunities, see our lists of franchises that can be started for less than $100,000 and less than $150,000.
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