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LAST UPDATED: September 12, 2023FRANCHISE WEBSITE:&nbsp;<a href="https://shinefranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-shine-franchise-costs-fees-profit-and-data-2723612" target="_blank" rel="nofollow">https://shinefranchise.com/</a>&nbsp;NUMBER OF LOCATIONS:&nbsp;46REPORTED COST TO GET IN:&nbsp;$106,090 to $181,600REPORTED ROI (Item 19):&nbsp;$121,511.01 (average annual net profit)<a href="https://shinefranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-shine-franchise-costs-fees-profit-and-data-2723612" target="_blank" rel="nofollow">Shine</a> is a home service industry franchise that offers window cleaning, pressure washing, roof and house washing, gutter cleaning, outdoor lighting, and holiday lighting services.&nbsp;<a href="https://shine-windowcleaning.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-shine-franchise-costs-fees-profit-and-data-2723612" target="_blank" rel="nofollow">Shine</a> offers both residential and commercial services in 14 states across the country, primarily in the eastern half of the country.As a franchise opportunity, Shine franchises have shown consistent revenue growth, and 50 franchise locations have opened over the past several years.&nbsp;<h3>How Many Shine Locations Are There?</h3>As of September 2023, Shine has&nbsp;<a href="https://shinefranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-shine-franchise-costs-fees-profit-and-data-2723612" target="_blank" rel="nofollow">approximately 50 individually owned franchise locations</a> operating in 14 states.&nbsp;Shine first began in West Michigan under the name of Golden Eagle Window Cleaning in 1998. By 2006, the company name changed to Shine Window Care and Holiday lighting, now offering a holiday lighting service. In 2012, the company broke into the world of franchising, forming a franchise company Shine Development Inc., d.b.a. Shine Window Care and Shine Holiday Lighting.&nbsp;<h3>What Is the Shine Business Model?</h3>Shine offers both residential and commercial services. The residential services include professional window cleaning, interior glass cleaning, pressure washing, gutter cleaning, landscape lighting and holiday lighting. Any of these services can be scheduled on a onetime or subscription basis. The commercial services include construction cleanup, real estate cleaning services, retail spaces and retirement homes.&nbsp;Franchisees can start their own business with just one van and two employees. The business model is designed to be simple and scalable, so new entrepreneurs can be up and running in as little as eight weeks.&nbsp;<h3>How Much Can Shine Franchise Owners Make?</h3>Total Gross Revenue:Highest Annual Franchise Partner Gross Revenue: $1,276,258.10Lowest Annual Franchise Partner Gross Revenue: $183,046.11Average Annual Gross Revenue: $585,862.88Median Annual Gross Revenue: $403.350.08Net Profit (Before Royalties and Tech Fees):Highest Annual Franchise Partner Net Profit: $393,962.36Lowest Annual Franchise Partner Net Profit: -$12,925.97Average Annual Net Profit: $121,511.01Median Annual Net Profit: $82,363.23All of the outlets used to calculate this data were open from at least January 1, 2019 to December 31, 2019.<h3>How Much Does It Cost to Open a Shine Franchise?</h3>The estimated total investment needed to open a Shine Franchise ranges from $106,090 to $181,600. The initial franchise fee of $49,900 consists of 50K to 100K households. If the franchisee wishes to purchase additional bundles of households, it will cost $5,000 per bundle of 10K households. Shine also offers the option of purchasing an additional protected area of 50K to 100K households for $20K.&nbsp;Breakdown of Average Annual Fees (from 2019):Royalty Fee (7%): $34,778.51Technology Fee: $2,066Digital Marketing Fee: $3,600National Advertising Fee: $1,637.27A further breakdown of initial investment costs is included below:<ul><li>Initial Fee: $49,900</li><li>Start-Up Package: $25,000</li><li>Grand Opening Advertising: $10,000</li><li>Travel &amp; Living Expenses While in Training: $1,000-$2,500</li><li>Real Estate or Improvements: $900-$4,200</li><li>Office Furniture: $0-$1,000</li><li>Vehicle Expenses (3 Months): $600-$2,000</li><li>Vehicle Enhancements: $1,500-$3,900</li><li>Account and/or Payroll Services: $700-$1,000</li><li>Office Set-Up: $90-$2,500</li><li>Licenses and Permits: $200-$600</li><li>Professional Fees: $500-$2,000</li><li>Insurance: $700-$2,000</li><li>Additional Funds (to be paid to employees, vendors, utilities, etc): $15,000-$75,000</li></ul>Inventory and equipment are included in the startup package.&nbsp;<h3>What Is the Franchise Fee for Shine?</h3>The Shine franchise fee is $49,900. This is the upfront fee that must be paid when opening a Shine franchise. This fee consists of 50K to 100K households. Veterans are eligible for a $2,500 discount on their initial franchise fee.&nbsp;<h3>Who Is the Leadership of Shine?</h3><ul><li><a href="https://www.linkedin.com/in/chris-fisher/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-shine-franchise-costs-fees-profit-and-data-2723612" target="_blank" rel="nofollow">Chris Fisher — CEO</a></li><li><a href="https://www.linkedin.com/in/john-blair-646289b/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-shine-franchise-costs-fees-profit-and-data-2723612" target="_blank" rel="nofollow">John Blair — Vice President, Operations</a></li><li><a href="https://www.linkedin.com/in/ericstehle/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-shine-franchise-costs-fees-profit-and-data-2723612" target="_blank" rel="nofollow">Eric Stehle — Vice President of Development</a></li></ul><h3>What Helpful Articles Can I Read to Learn More About Shine?</h3><ul><li><a href="https://www.franchising.com/news/20230905_shine_franchise_comes_to_tampa_bay_fl_with_new_owner_jim_clark.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-shine-franchise-costs-fees-profit-and-data-2723612" target="_blank" rel="nofollow">Shine Franchise Comes to Tampa Bay, FL, with New Owner Jim Clark</a></li><li><a href="https://www.youtube.com/watch?v=gRQ9a-2_-Mk&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-shine-franchise-costs-fees-profit-and-data-2723612" target="_blank" rel="nofollow">Way We Do — Shine Franchise Group Testimonial</a></li><li><a href="https://1851franchise.com/the-top-10-emerging-home-service-franchises-under-50-units-2722024#stories">The Top 10 Emerging Home Service Franchises Under 50 Units</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: Shine Franchise Costs, Fees, Profit and Data

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Franchise Deep Dive: Shine Franchise Costs, Fees, Profit and Data

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