FranchiseVerdict
Fleet Clean logo
FV-00957·STRONGExcellent95

Fleet Clean

Cleaning - Commercial & JanitorialFranchising since 2019Website
Investment
$188K – $459K
82nd pct Commercial & …
Avg revenue
$754K
36th pct Commercial & …
Royalty
8.5%
50th pct Commercial & …
Units
57
52nd pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $188K – $459K including a $10K franchise fee, 8.5% ongoing royalty.
  • Average unit revenue of $754K/year (median $619K). Estimated payback in 1.7 years.
  • Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 10 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
FW Fleet Clean, LLC
Parent company
Kept Companies, Inc.
Incorporated in
Delaware
HQ
921 Empire Mesa Way, Henderson, Nevada 89011
Auditor
WithumSmith+Brown, PC
Audited financials
Franchisor revenue
$12.6M
vs $17.2M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Fleet Clean unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $754,108
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $188K–$459K
Working capital
$
FDD reports $25K–$50K

Unlevered ROIC · per unit

13%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$45K
EBITDA margin
6.0%
Total invested
$361K
Payback
96 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Fleet Clean franchisees operate commercial vehicle cleaning and detailing services, typically serving fleet customers (corporate, municipal, delivery). Daily operations include managing crews, scheduling routes, handling customer accounts, and managing equipment maintenance while scaling a labor-dependent service business.

CEO
Anthony J. DiGiovanni
Founded
2018
FDD year
2025
States available
19

Item 7 · what it costs

The Vitals

Total investment
$188K – $459K
All-in to open one unit
Liquid capital
$25K – $50K
Cash you must have on hand
Franchise fee
$10K
Royalty
8.5%
Percentage of Gross Revenue · typical 6–8%
Ad fund
4.5%
typical 3–5%
Total fee load
13.0%
vs 9–13% typical
Payback period
1.7 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$754K
Per unit, per year
Median gross sales
$619K
Item 19 type
Actual results of franchised outlets
Sample size
35 units
vs category median 32
Range (low → high)
$30K$2.4M
Cohort dispersion
Transparency
8 / 5
vs category median 4 / 5 · above
Revenue rank36th
vs Cleaning - Commercial & Janitorial peers
Investment cost rank82th
Lower investment ranks lower (better)
Royalty rate rank50th
Lower royalty = lower percentile (better)
Unit count rank52th
vs Cleaning - Commercial & Janitorial peers
Risk score rank21th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
57
Opened
5
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
17
Corporate units in the system
% franchised
70%
vs corporate-owned
Net growth (yr3)
+8.1%
Net unit change last year
3-yr CAGR
-4.8%
Compounded over last 3 years
2023
40+3
Franchised units
2024
37
Franchised units
2025
42
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 24 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 24 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
10
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

44
Risk · 0-100
STRONG44 / 100

Fleet Clean presents moderate-to-caution risk due to undisclosed financial substantiation, modest system growth, and reliance on unverified revenue claims in a capital-intensive business model.

Score breakdown · what drove the 44 / 100 rating

  1. 01MEDNo Item 19 financial performance representations disclosed — cannot independently verify claimed $754k average revenue or $193k net income
  2. 02MINORModest unit growth of 8.1% YoY suggests slowing expansion; unclear if growth is organic or offset by closures
  3. 03MINORHigh initial investment range ($188k–$459k) against 8.5% royalty creates breakeven pressure if revenue underperforms projections
  4. 04HIGHGoing Concern flag is FALSE but phrasing is ambiguous — confirm franchisor financial stability and whether this indicates past liquidity concerns
  5. 05MEDLimited unit base of 57 locations indicates smaller, less-proven system with less brand recognition than mature franchises

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Geographic
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Nevada

Item 11

Training & Operations

Classroom training
40 hrs
On-the-job training
53 hrs
POS system
Fleet Wash Scheduler
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

32 numbers

Locked
(443) 463-••••
Station Services, Inc.
MD
(904) 719-••••
FCFL, LLC
FL
(256) 305-••••
Premier Wash, LLC
AL

One-time purchase · CSV download · Validation questions included

FDD download

Fleet Clean · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above