MF

    MN Filing 33260-202503-12

    Franchise research report · reviewed 2025 disclosure data

    Researching MN Filing 33260-202503-12 franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Coverall franchises provide commercial cleaning services to business customers. Franchisees operate local janitorial service businesses under the Coverall brand.

    Headline figures

    MN Filing 33260-202503-12 quick facts

    Is MN Filing 33260-202503-12 a franchise?
    Yes. MN Filing 33260-202503-12 offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 5,588 franchised and 0 company-owned outlets (2025 FDD, Item 20, PDF p. 56).
    How much does it cost to open an MN Filing 33260-202503-12 franchise?
    The MN Filing 33260-202503-12 Franchise Disclosure Document reports an estimated initial investment of $17,917–$64,048 (2025 FDD, Item 7, PDF p. 34). This is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does MN Filing 33260-202503-12 charge?
    The disclosed ongoing royalty is 5% (2025 FDD, Item 6, PDF p. 26). The brand or advertising fund contribution is $4 (2025 FDD, Item 6, PDF p. 27). Other recurring fees are listed in Item 6. Details
    Does MN Filing 33260-202503-12 disclose financial performance (Item 19)?
    Yes. The MN Filing 33260-202503-12 FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 55). Figures apply only to the locations and period each one covers. Details
    How many MN Filing 33260-202503-12 locations are there?
    The FDD reports 5,588 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 56). Existing locations do not indicate territory availability. Details
    Is MN Filing 33260-202503-12 a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $17,917 – $64,048 in the 2025 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 6 separate groups: other measures for 420 Franchised businesses locations; other measures for 330 Franchised businesses locations; other measures for 39 Franchised businesses locations; other measures for 26 Franchised businesses locations; other measures for 14 Franchised businesses locations; other measures for 11 Franchised businesses locations. They are not combined.
    3. 3Outlets declined by 66 in 2024, to 5,588 (Systemwide, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    MN Filing 33260-202503-12 head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2025 FDD · Item 7 · PDF p. 34

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    RoyaltyMain ongoing fee

    24 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    6 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Other measures · 420 locations

    Who is counted
    Coverall franchises sold during fiscal year 2024
    Excluded
    No exclusions stated for this representation.
    Method
    Review of franchise sales and package fulfillment status as of December 31, 2024.

    Locations counted: not stated in the reviewed record

    Other measures · 330 locations

    Who is counted
    FY2024 purchasers of P-3,000 Franchise Package
    Excluded
    No exclusions stated for this package-size group.
    Method
    Review of franchise sales and package fulfillment status as of December 31, 2024.

    Locations counted: not stated in the reviewed record

    Other measures · 39 locations

    Who is counted
    FY2024 purchasers of P-4,000 Franchise Package
    Excluded
    No exclusions stated for this package-size group.
    Method
    Review of franchise sales and package fulfillment status as of December 31, 2024.

    Locations counted: not stated in the reviewed record

    Other measures · 26 locations

    Who is counted
    FY2024 purchasers of P-5,000 Franchise Package
    Excluded
    No exclusions stated for this package-size group.
    Method
    Review of franchise sales and package fulfillment status as of December 31, 2024.

    Locations counted: not stated in the reviewed record

    Other measures · 14 locations

    Who is counted
    FY2024 purchasers of P-7,000 Franchise Package
    Excluded
    No exclusions stated for this package-size group.
    Method
    Review of franchise sales and package fulfillment status as of December 31, 2024.

    Locations counted: not stated in the reviewed record

    Other measures · 11 locations

    Who is counted
    FY2024 purchasers of P-10,000 Franchise Package
    Excluded
    No exclusions stated for this package-size group.
    Method
    Review of franchise sales and package fulfillment status as of December 31, 2024.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Systemwide, as labeled in the FDD · counts as of 2024 of each year.

    2025 FDD · Item 20 · PDF p. 56

    Net −329 outlets, 2022–2024

    05,91720225,65420235,5882024−263−66

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2025 Item 7 estimate ($17,917 – $64,048) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units decreased from 5,654 to 5,588 in 2024. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2025 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 34
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Coverall franchises sold during fiscal year 2024 · PDF p. 55
    3. [3]Item 19 — Locations counted not stated in the reviewed record — FY2024 purchasers of P-3,000 Franchise Package · PDF p. 56
    4. [4]Item 19 — Locations counted not stated in the reviewed record — FY2024 purchasers of P-4,000 Franchise Package · PDF p. 56
    5. [5]Item 19 — Locations counted not stated in the reviewed record — FY2024 purchasers of P-5,000 Franchise Package · PDF p. 56
    6. [6]Item 19 — Locations counted not stated in the reviewed record — FY2024 purchasers of P-7,000 Franchise Package · PDF p. 56
    7. [7]Item 19 — Locations counted not stated in the reviewed record — FY2024 purchasers of P-10,000 Franchise Package · PDF p. 56
    8. [8]Outlet counts — Item 20, Table 1 · PDF p. 56

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    No verified franchisor financial statement figures have been reviewed yet.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 12 · PDF p. 47 · 2025 FDD

      Our summary: Exclusive territory: No exclusive or protected territory; Coverall endeavors to offer customers within an ordinary 30-mile radius, but says this does not create territory protection.

      “You will not receive an exclusive territory. ... In the ordinary course of business, we endeavor to offer you customers no more than a 30-mile radius from your designated location; however, this does not represent an exclusive or protected territory whatsoever.”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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