A couple of weeks ago on the blog, we discussed things you could learn from millennial entrepreneurs. How about things you can learn from a millennial franchisor?
Jonathan Barnett founded Oxi Fresh Carpet Cleaning in 2006 after studying franchising in some graduate school courses. As he explains in a feature from FOX Business, the franchise model fits his entrepreneurial ethos, “I love the business model because you’re creating ownership and giving jobs to other people, but they’re also owning their own businesses.”
And why carpet cleaning? “I decided on carpet cleaning because of the low overhead and simple model,” he says. “You can get started without a lot of money… I used my student loan money to get [Oxi Fresh] started.”
To date, Oxi Fresh has about 300 franchises in the U.S. and in Canada and has completed more than 500,000 jobs, according to Barnett. Last year, Oxi Fresh added 55 units, which he says was “one of the biggest years of growth ever.” The goal is add 50 units per year for the next five years.
And that 50 isn’t an arbitrary number. “Over the last nine years we’ve really been working on our systems,” Barnett explains. “We want to dig deeper rather than wider. If we grow more than 50 [at a time], we can’t support our franchisees the way they need to be supported. We’re focusing on Canada and the U.S.”
For more information on the Oxi Fresh Carpet Cleaning opportunity, please see its franchise profile.