NIC Local FranchiseFinancials
Low initial investment, high potential returns
We believe financial success should be within reach for ambitious entrepreneurs like you. It’s why we have designed our unique franchise model to have an achievable initial investment level, with the potential for very high returns.
With a focus on building strong recurring income from commercial cleaning contracts – the majority of our clients are contracted to regular (often daily) cleaning services, meaning repeat business is enormous – and creating a valuable asset for the future, owning an NIC Local franchise presents a hugely exciting opportunity for financial growth.
Unlike some other franchisors, with NIC Local there are no additional charges for software costs, nor any marketing levies. Everything is inclusive of your franchise investment.
Your initial investment
In order to become an NIC Local business owner, you will need an investment of £30,000 plus working capital. And our proven business model means you will be cash positive relatively quickly.
We boast fantastic working relationships with the franchise departments of many major high street banks who are familiar with NIC Local franchising and believers in our tried and trusted business model. They have a strong appetite to lend up to 70% of the necessary start-up costs, which makes the investment eminently accessible for aspiring franchisees.
Alternatively, we can also offer the services of an Independent Financial Advisor (IFA) who will be able to discuss and advise your funding requirements in confidence. This is provided free of charge.
Options to purchase existing NIC Local businesses
When joining the NIC Local franchise family, you have the flexibility to either start from scratch, or invest more to buy an existing NIC Local business.
This allows you to tailor your investment strategy based on your available capital, preferences, and goals.
Both methods of investment are designed to achieve the same ambitions: give you a healthy recurring income, unrivalled potential to scale up, and the ability to create a high-value sellable asset.
If you are interested in finding out more about investing in an existing NIC Local portfolio, please get in touch with our franchise recruitment team.
Multi-million pound potential
Many NIC Local franchisees have achieved extraordinary success, growing their businesses into multi-million pound assets. We believe you have the same potential to accomplish such remarkable financial milestones – and we’re wholly committed to supporting you in doing so every step of the way.
We have an extensive network of more than 40 NIC Local operations centres, with a group turnover in excess of £175 million.
Many of our Franchise partners have been with us for between 15-20 years, which demonstrates our unique systems and ongoing life time support by our Business Development Managers really works.
Our comprehensive training and support – which includes lifetime in person Business Development Managers’ support – proven franchise model, and the strength of the NIC Local brand will be the cutting-edge tools in your arsenal to build extraordinarily exciting returns on your initial investment.
Your path to building a highly valuable asset
Start (£0–£150k annual revenue)
Start your business, win your first contracts, and grow your cleaning team.
Grow (c.£150k–£300k annual revenue)
Grow your business and employ the first member of your management team.
Scale-up (c.£300k–£500k annual revenue)
Scale-up, add more team members, and focus on the areas of the business you enjoy.
Established (c.£500k–£1m annual revenue)
Enjoy a healthy work-life balance – your hard work early on is now paying off.
Build bigger (c.£1m–£4m+ annual revenue)
There are no limits on your growth. When you’re ready, you can sell your business.