FranchiseVerdict
Oxi Fresh logo
FV-01857·STRONGExcellent91

Oxi Fresh

Cleaning - Commercial & JanitorialFranchising since 2006Website
Investment
$53K – $83K
19th pct Commercial & …
Avg revenue
$153K
1st pct Commercial & …
Royalty
Units
490
94th pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $53K – $83K including a $47K franchise fee.
  • Average unit revenue of $153K/year (median $111K).
  • Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 94 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Oxi Fresh Franchising Co., Inc.
Parent company
Barnett Enterprises Corp.
Incorporated in
Colorado
HQ
143 Union Boulevard, Suite 825, Lakewood, Colorado 80228
Auditor
Kezos & Dunlavy
Audited financials
Franchisor revenue
$8.4M
vs $9.4M prior year
⚠ Going-concern note
Disclosed in FDD 2024
Status as of 2024; may have been resolved in a later filing we don't yet have.

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 Oxi Fresh unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $153,285
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: $53K–$83K
Working capital
$
FDD reports $1K–$8K

Unlevered ROIC · per unit

21%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$15K
EBITDA margin
10.0%
Total invested
$72K
Payback
57 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 Oxi Fresh 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

$92K

on $460K purchase

Total debt

$368K

SBA $0.2M + senior + seller note

Overview

About

Oxi Fresh franchisees operate mobile and/or storefront carpet and upholstery cleaning services, using proprietary oxygen-based cleaning technology. Day-to-day operations include scheduling customer appointments, managing cleaning teams or solo operation, equipment maintenance, and customer service delivery across a protected territory.

CEO
Jonathan L. Barnett
Founded
2006
FDD year
2024
States available
48

Item 7 · what it costs

The Vitals

Total investment
$53K – $83K
All-in to open one unit
Liquid capital
$1K – $8K
Cash you must have on hand
Franchise fee
$47K
Royalty
$475 per month
Ad fund
3.0%
typical 3–5%
Total fee load
3.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$153K
Per unit, per year
Median gross sales
$111K
Item 19 type
Active Operators historical data
Sample size
181 units
vs category median 32 · large
Range (low → high)
$10K$1.3M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank1th
vs Cleaning - Commercial & Janitorial peers
Investment cost rank19th
Lower investment ranks lower (better)
Royalty rate rank66th
Lower royalty = lower percentile (better)
Unit count rank94th
vs Cleaning - Commercial & Janitorial peers
Risk score rank21th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
490
Opened
43
Last reporting year
Closed
31
Turnover rate
6.3%
Company-owned
13
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
+2.6%
Net unit change last year
3-yr CAGR
+7.2%
Compounded over last 3 years
2022
477+12
Franchised units
2023
465
Franchised units
2024
445
Franchised units

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

Item 20 · 15 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 · 15 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
94
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

Oxi Fresh presents moderate-to-cautionary risk: stagnant unit growth, undisclosed profitability, and a revenue figure that requires deep validation before committing $53K-$83K.

Score breakdown · what drove the 44 / 100 rating

  1. 01MEDNet income not disclosed in FDD — unable to validate $153K revenue translates to acceptable profit after $475/month royalty (~$5,700/year) plus operating costs
  2. 02MINORAnemic unit growth of 2.6% YoY suggests market saturation or franchisee satisfaction issues in a mature 490-unit system
  3. 03MINORHigh franchise fee ($46,900) relative to monthly royalty ($475) indicates front-loaded franchisor revenue model with weak recurring income alignment
  4. 04MINORNo breakdown of revenue by territory type, geography, or franchisee tenure — $153K average may mask underperformance of newer units
  5. 05MINOR7-year term is shorter than industry standard (10 years typical) — increases renewal risk and suggests franchisor may be managing churn

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
household-based
Protected territory
Yes
Initial term
7 years
Renewal term
7 years
Online sales rights
Granted
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
Optional
Governing law
Colorado

Item 11

Training & Operations

Classroom training
20 hrs
On-the-job training
16 hrs
POS system
Oxi Fresh Scheduling and Marketing System
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

98 numbers

Locked
(617) 733-••••
FL
(918) 644-••••
OK
(720) 280-••••
CO

One-time purchase · CSV download · Validation questions included

FDD download

Oxi Fresh · FDD (2024) PDF

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