- 2024 Franchise 500 Rank
-
#23 Ranked #35 last year
- Initial investment
-
$4K - $80K
- Units as of 2024
-
3,641 50.6% over 3 years
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 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 2006 (18 years) |
---|---|
# of employees at HQ | 16 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada |
# of Units | 3,641 (as of 2024) |
|
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
|
$3,600 - $69,000 |
---|---|
Initial Investment
|
$4,450 - $79,750 |
Net Worth Requirement
|
$5,000 - $40,000 |
Cash Requirement
|
$2,000 - $20,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
5% |
Ad Royalty Fee
|
to 1% |
Term of Agreement
|
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 |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
Yes |
Are exclusive territories available?
|
No |
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 #1 in Commercial Cleaning in 2024
Best of the Best
Ranked #23 in 2024
Franchise 500
Ranked #1 in 2024
Fastest-Growing Franchises
Ranked #6 in 2023
Top Home-Based & Mobile Franchises
Ranked #168 in 2023
Top Global Franchises
Ranked #7 in 2021
Top Part-Time Franchises
Ranked #1 in 2024
Top Franchises for Less Than $50,000
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