FranchiseVerdict
OFFICE PRIDE logo
FV-01816·MODERATEExcellent91

Office Pride

Cleaning - Commercial & JanitorialFranchising since 1995Website
Investment
$70K – $133K
23rd pct Commercial & …
Avg revenue
$713K
32nd pct Commercial & …
Royalty
9.0%
51st pct Commercial & …
Units
146
79th pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $70K – $133K including a $45K franchise fee, 9.0% ongoing royalty.
  • Average unit revenue of $713K/year (median $397K).
  • Rated MODERATE with a risk score of 59/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
  • No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Faith Franchising Company, LLC
Parent company
Office Pride, LLC
Incorporated in
Delaware
HQ
3450 East Lake Road, Suite 200, Palm Harbor, Florida 34685
Auditor
Forvis Mazars, LLP
Audited financials
Franchisor revenue
$10.6M
vs $10.6M 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 OFFICE PRIDE unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $713,311
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: $70K–$133K
Working capital
$
FDD reports $7K–$50K

Unlevered ROIC · per unit

49%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$64K
EBITDA margin
9.0%
Total invested
$130K
Payback
24 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 OFFICE PRIDE units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$285K

on $1.4M purchase

Total debt

$1.1M

SBA $0.7M + senior + seller note

Overview

About

Office Pride is a commercial cleaning and janitorial services franchise where franchisees build and manage teams to provide office building maintenance, carpet cleaning, and facility sanitation services to corporate and commercial clients. Operators typically handle client acquisition, team scheduling, quality control, and direct sales to secure recurring contracts with office parks, medical facilities, and corporate headquarters. Day-to-day activities involve managing crews, billing, equipment maintenance, and servicing multiple client locations.

CEO
Doug Phillip
Founded
1995
FDD year
2025
States available
28

Item 7 · what it costs

The Vitals

Total investment
$70K – $133K
All-in to open one unit
Liquid capital
$7K – $50K
Cash you must have on hand
Franchise fee
$45K
Royalty
9.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
10.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$713K
Per unit, per year
Median gross sales
$397K
Item 19 type
Historical Average Gross Sales
Sample size
135 units
vs category median 32 · large
Range (low → high)
$21K$9.1M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank32th
vs Cleaning - Commercial & Janitorial peers
Investment cost rank23th
Lower investment ranks lower (better)
Royalty rate rank51th
Lower royalty = lower percentile (better)
Unit count rank79th
vs Cleaning - Commercial & Janitorial peers
Risk score rank55th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
146
Opened
5
Last reporting year
Closed
8
Turnover rate
5.5%
Company-owned
1
Corporate units in the system
% franchised
99%
vs corporate-owned
Net growth (yr3)
-2.0%
Net unit change last year
3-yr CAGR
-1.4%
Compounded over last 3 years
2023
145-5
Franchised units
2024
148
Franchised units
2025
147
Franchised units

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

Item 20 · 27 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 · 27 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
4
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

59
Risk · 0-100
MODERATE59 / 100

Office Pride exhibits meaningful contraction with undisclosed profitability, active litigation, unprotected territories, and insufficient financial transparency to justify the investment risk.

Score breakdown · what drove the 59 / 100 rating

  1. 01MINORDeclining unit count (-2.0% YoY) suggests system contraction and potential franchisee dissatisfaction
  2. 02HIGHActive litigation involving non-compete violations indicates franchisor enforcement challenges and potential franchisee conflicts
  3. 03MINORNo average net income disclosure (Item 19) prevents ROI validation despite $70-133k investment and 9% royalty burden
  4. 04MINORUnprotected territory creates direct competition risk between franchisees in same market
  5. 05MEDHigh royalty rate (9%) on modest average revenue ($713k) leaves limited margin for profitability verification
  6. 06MED10-year term lock-in with declining unit momentum suggests limited secondary market for resale

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Counties, zip codes and/or a metro area
Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Not allowed
Litigation count
1
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
Florida

Item 11

Training & Operations

Classroom training
36 hrs
On-the-job training
56 hrs

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

94 numbers

Locked
(770) 549-••••
GA
(352) 431-••••
FL
(980) 267-••••
NC

One-time purchase · CSV download · Validation questions included

FDD download

OFFICE PRIDE · FDD (2025) PDF

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