FRANCHISE·WATCH·DESK

Verified — real FDD extraction

SBA-eligible · directory code S0655 since 2017

Fleet Clean

Cleaning & Restoration · independent · est. —

Fleet Clean is a mobile fleet-washing company that cleans trucks, trailers, and other commercial vehicles at customer sites. A franchisee operates wash trucks running scheduled routes, serving trucking companies and businesses with vehicle fleets on recurring contracts.

Fleet Clean net unit count grew +12.7% from 20232025 per its FDD Item 20.

New to franchising? Start here

A franchise is a business where you (the franchisee) pay a company (the franchisor) for the right to open and run a location using their brand and system — think a local Anytime Fitness or Taco John's owned by a small-business owner, not the corporation.

Before you can buy in, U.S. law requires the franchisor to give you a Franchise Disclosure Document (FDD) — a long legal filing covering its fees, finances, and history. The numbers on this page come straight from that document:

  • Franchise fee — the one-time cost to buy in.
  • Royalty — the ongoing cut of your sales you pay the franchisor.
  • Item 20 — how many locations opened and closed, the basis for our verdict (from Proven & strong down to Distressed — or Too new to judge).

The verdict

Proven & strong

Distress

0
STABLE

Enough units and history to judge, and the record is good: growing or stable units with clean exits by the standards of its disclosed record. The standout in the record: owners who leave mostly sell rather than fail.

Exit rate · latest year

4.9%

vs 3.1% across 25 cleaning & restoration systems

Cost to open

$188K–$459K

Item 7 total investment range

SBA loan defaults

Too few resolved

6 loans exist; too few resolved to rate

Behind the verdict

the record, factor by factor · Item 20

hi-1.0.0
Net unit growth35%

3-yr trend · Item 20 Table 1

Strong
Exit quality25%

terminations + ceased-ops vs. all exits · Table 3

Strong
Transfer / churn15%

transfers vs. base · Table 3

Fair
Promise-keeping10%

actual vs. projected openings · Table 5

Strong
Transparency15%

Item 19 disclosure + completeness

Strong

Systemwide units

2023–2025

+12.7%
552023582024622025

Survival record

FDD Item 20 · outlet status by year

In fiscal 2025, 2 of 41 franchised outlets left the system — a 4.9% annualized exit rate, vs 3.1% across 25 cleaning & restoration systems. Not every exit is a failure — but this is the measurable floor.

Show the outlet tables
Status (FTC)202320242025
Outlets at start515558
Opened5515
Transfers016
Terminations000
Non-renewals000
Reacquired by franchisor1020
Ceased — other reasons002
Outlets at end555862
Net change+4+3+4

The lender's view

SBA 7(a)/504 loan performance · FY1991–present

Banks have made 6 SBA-backed loans to Fleet Clean franchisees since 2018. Most are still open, so there is not yet a resolved cohort large enough to rate.

Charge-off rate

3 resolved · too thin to rate

Loss given default

avg. charged-off $ ÷ approved $

Expected loss

default rate × loss severity

Avg. loan · FY2020+

$383,650

what recent franchisees borrowed

Median time to default

approval → charge-off, defaulted loans

Lenders · FY21+ vs FY16–20

3 vs 1

distinct banks still lending

Charge-off rate by loan approval year (%)

SOURCE: SBA 7(a)/504 FOIA LOAN DATA (DATA.SBA.GOV), FY1991–PRESENT · MATCHED TO FLEET CLEAN BY FRANCHISE NAME · RESOLVED = CHARGED-OFF + PAID-IN-FULL

What it costs — and what it drags

FDD Items 5–7 · fees, investment, royalty

Buying in means a $10K franchise fee (Item 5) and a total investment of $188K–$459K (Item 7). The franchisor publishes an earnings claim (Item 19) — read its methodology closely.

To open (Item 7)

$188K–$459K

all-in investment range

Franchise fee (Item 5)

$10K

upfront, one-time

Royalty (Item 6)

8.5%

of sales, ongoing

If a unit does this in annual sales…$1M/yr

Your figure — cross-check against this brand's Item 19 and current-owner validation.

Royalty you'd pay / yr

$85K

8.5% of sales, before profit

Over a 10-yr term

$850K

royalties alone, excl. ad fund

This is not profit. It's the only money the FDD actually pins down — what you put in, and the royalty you owe on every dollar of sales. Your real take-home depends on labor, rent, food cost, and ramp-to-breakeven, none of which any FDD discloses.

Build a real pro-forma for Fleet Clean with an independent CPA

Labor record

US Dept. of Labor enforcement · franchisee-level · FY2005–present

Federal investigators have concluded 2 wage cases against operators of this system, recovering $7K in back wages for 32 workers. These cases name franchisee-owned locations, not the franchisor itself.

Concluded cases

2

Back wages owed

$7K

Employees affected

32

Since 2020

0

Read this carefully. The employers in these cases are individual Fleet Clean franchisees — separately owned businesses operating under the brand name — not Fleet Clean itself. The franchisor is not the respondent and in most cases is not a party. What the record shows is how this system's operators run their payrolls, which is worth knowing before you become one of them. Counts rise with system size and with age: a 20-year-old, 10,000-unit system will out-count a young one regardless of conduct. Source: DOL Wage and Hour Division concluded compliance actions, FY2005–present, most recent finding 2015.

Modeled risk

FDD Risk Score · modeled from the public record

Moderate

The public record puts this brand toward the middle of the systems we score — but the evidence is thin, so treat it as a range, not a number.

Risk percentile (range)

33–57 / 100

Directional

Modeled SBA charge-off

11.8%

Observed SBA charge-off

no resolved cohort

Top drivers: System size (log units) (raises) · Net unit growth (lowers) · Item 20 exit rate (lowers) · Item 3 litigation (log) (raises). Thin loan history — treat this as a range, not a number. A linear scorecard built from this brand's own disclosure figures plus the federal loan record behind its franchisees; full spec and cross-validated accuracy on the methodology page. A score is context, not a verdict.

Distress signals

news-sourced · bankruptcies, closures, lawsuits

No recent closures, bankruptcies, or major lawsuits found in the news for Fleet Clean. That's a good sign — but it reflects news coverage, not a guarantee.

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Fleet Clean franchise questions, answered from the filings

What percentage of Fleet Clean franchises closed last year?

In Fleet Clean's latest FDD Item 20 (fiscal 2025), 2 of 41 franchised outlets left the system — an annualized exit rate of 4.9% — compared with 3.1% across 25 cleaning & restoration systems tracked here. That counts terminations, non-renewals, and "ceased operations — other reasons." There is no official failure rate, and not every exit is a failure, but this is the measurable floor.

How much does a Fleet Clean franchise cost?

Per Fleet Clean's 2026 FDD, buying in requires an initial franchise fee of $10K (Item 5) and a total initial investment of $188K–$459K (Item 7).

What royalty does Fleet Clean charge?

Fleet Clean charges an ongoing royalty of 8.5% of gross sales, per Item 6 of its 2026 FDD.

Does Fleet Clean disclose earnings (Item 19)?

Yes — Fleet Clean makes a financial performance representation in Item 19 of its 2026 FDD, reporting a median unit volume of $624K. Read it closely: franchisors choose which units and which metrics to include.

Is Fleet Clean a good franchise to buy? Health score, exit rate & costs (2026) · Franchise Watch Desk