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On-Target Maintenance began as a small janitorial company, founded in 1990 by Eric Lawton in Haverstraw, New York. Michael Pappas joined in 1998 to build the business, which quickly grew into a regional cleaning company. In 2003, when the team decided to focus on multi-unit customers and hire specialized subcontractors. On-Target became a cleaning and maintenance management company with services including building maintenance and commercial carpet cleaning. The resulting nationwide need for service providers led to the establishment in 2006 of OTM Franchising, Inc., built on the belief that people who invest capital in their own maintenance franchises are the best partners for the growth of On-Target Maintenance. More about the cost of owning an On Target Maintenance franchise below.
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Liquid capital required
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$40,000
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Net worth required
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$40,000
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Investment
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$57,000 - $93,000
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Franchise fee
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$10,000
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Offers Financing
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Yes
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Units in operation
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1
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The capital required to open a unit is ₱40,000. New On Target Maintenance franchisees must have at least a ₱40,000 net worth. The minimum you would expect to invest in an On Target Maintenance franchise location is ₱57,000. The high end of the total investment required to open a franchise is ₱93,000. ₱10,000 is the franchise fee new On Target Maintenance franchisees pay the franchisor. There is currently a total of 1 unit in operation.
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On Target Maintenance is listed in the Franchise Directory under the Business Services category, the Cleaning category, and the Home Based category. It's also listed in the section for Franchises Under $50,000.
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