Franchise FAQ

how much money can i make owning a cleaning franchise

by Oran Mohr Jr. Published 1 year ago Updated 1 year ago
image

The average yearly income and salary for a cleaning business will depend on the stage your business is in. In the beginning, your business can range from $30,000 to $50,000 a year as you start to secure clients. Once you’ve hired additional cleaners, you can make from $50,000 to $70,000.

How much does a Cleaning Franchise Owner make? As of Oct 25, 2022, the average annual pay for a Cleaning Franchise Owner in the United States is $83,700 a year. Just in case you need a simple salary calculator, that works out to be approximately $40.24 an hour. This is the equivalent of $1,609/week or $6,975/month.

Full Answer

Is a cleaning franchise profitable?

A Master cleaning franchise can be a very lucrative business. You sell individual franchises for several thousand dollars, and you also take a share of all your franchisees royalties. You will of course be responsible for account management, customer retention, billing and administration for the account.

How much does it cost to start a cleaning franchise?

Initial franchise fees are generally in the range of $10,000 to $50,000 for cleaning franchises and are disclosed before signing in the franchise disclosure documents. For most franchises, the initial fee is not negotiable, but the amount of the franchise fee is ultimately whatever the two parties agree on.

Is starting a cleaning business worth it?

If you have a strong business plan and you're ready to cover a new niche in the market, it's definitely worth starting a cleaning business. Cleaning services are also extremely in demand and always essential, so it's likely you'll always have some money coming into the business.

Is cleaning franchise good?

A cleaning franchise can be a highly profitable investment, especially considering the relatively low start-up costs involved (see below).

How do I get my first cleaning client?

Before you get started, there are a few things you should know about how to get clients for a cleaning business.Developing a Marketing Plan. ... Customer Referrals. ... Coupons/Discounts. ... Recycling Marketing Campaigns. ... Optimize Your Website Content. ... Social Media. ... Building a Professional Network.

How much does a Molly Maid franchise owner make?

Number of units: Molly Maid has 496 franchise units as of 2021. Average Gross Revenue Per Unit: $201,900,000 (System-wide sales) ÷ 496 units = $407,056.

What is the most profitable cleaning business?

List of 17 Cleaning Business IdeasHouse Cleaning. House or residential cleaning is a profitable business in big cities and towns. ... Window Cleaning. ... Dry Cleaning. ... Vehicle Cleaning. ... Boat Cleaning Service. ... Pool Cleaning. ... Commercial Cleaning. ... Waste Disposal.More items...

How profitable is a cleaning business?

On average, small cleaning businesses make anywhere between $35,000-50,000 a year. As your business expands, you make a more sizable $100,000 a year. Your earnings will ultimately depend on whether you have a consistent stream of customers and are managing your resources well.

How do you win a cleaning contract?

But getting a cleaning contract can be a lengthy and involved process (that doesn't always pay out)....Here are a few ways to get cleaning contracts:Create a website. ... Partner with local organisations. ... Provide exceptional service throughout the bidding process. ... Establish a referral program.

Is franchising a good investment?

If you are truly an entrepreneur, you should never invest in a franchise. While franchisees own their own businesses, are not employees of the franchisor, are at risk for their capital invested in the business, and manage and operate the business on a day-day-basis, franchisees are not really entrepreneurs.

How much does it cost to start a Jan pro franchise?

The lowest you can expect to invest is $4,170 if you want to become a franchisee. The most you would expect to invest in a JAN-PRO Cleaning Systems location is $56,020. Before you become an owner, you will owe the franchisor a franchise fee of $2,520. The company was originally founded in 1991.

How much is a cleaning franchise in Australia?

between 5,000 and 50,000 dollarsUsually, franchisees will have to invest between 5,000 and 50,000 dollars when getting started. Most Australian cleaning franchise packages come in the range between 5,000 and 30,000 dollars.

What is the best and cheapest franchise to open?

What are the cheapest franchises to buy?Cruise Planners. Franchise fee: $10,995. ... Jazzercise. Franchise fee: $1,250. ... Help-U-Sell Real Estate. Franchise fee: $15,000. ... United Country Real Estate. Franchise fee: $8,000 to $20,000. ... Stratus Building Solutions. ... Anago Cleaning Systems. ... JAN-PRO. ... Dream Vacations.

Are cleaning services profitable?

On average, small cleaning businesses make anywhere between $35,000-50,000 a year. As your business expands, you make a more sizable $100,000 a year. Your earnings will ultimately depend on whether you have a consistent stream of customers and are managing your resources well.

Do you need a license to clean houses in Texas?

Sole proprietors and general partners do not have to apply for a business license with the state of Texas. House cleaning businesses must apply for a business license at their city and county clerk's office.

How much does a Jan pro franchise cost?

The lowest you can expect to invest is $4,170 if you want to become a franchisee. The most you would expect to invest in a JAN-PRO Cleaning Systems location is $56,020. Before you become an owner, you will owe the franchisor a franchise fee of $2,520. The company was originally founded in 1991.

How much does it cost to franchise a janitorial business?

But expect to pay around $5,000 for a Janitorial Business Franchise or $100,000 to $350,000 for a Master Franchise.

How many franchises does ServiceMaster Clean have?

Today, ServiceMaster Clean operates over 800 franchises in 12 countries worldwide.

How much will the cleaning industry increase in 2028?

According to the Bureau of Labor Statistics, the field of janitors and building cleaners is projected to increase by 7% until 2028, which is faster than the national average. And if you buy a cleaning franchise, you’ll sidestep a lot of the lift and risk involved in starting a cleaning business from scratch, among the many other advantages ...

How much does it cost to own a chem dry?

If you want to own a Chem-Dry franchise, you must have at least $40,000 in liquid capital and $60,000 total net worth in order for your franchisee application to be considered. Chem-Dry can finance portions of the initial license fee over a period of 56 months, and veterans and first responders will receive a 10% discount off the initial license fee.

Does Puroclean qualify for SBA?

PuroClean is pre-approved by the SBA, which means PuroClean franchisees can be eligible for financial assistance through the SBA—and, as you may know, SBA loans are among the highest-quality loans available for business owners. Beyond that, PuroClean offers special discounts for honorably discharged veterans. Potential franchisees must have a minimum net worth of $200,000, a minimum of $70,000 in liquid capital, and be able to access at least $150,000 to be eligible for this franchise opportunity.

Is Chem Dry a franchise?

Along with being one of the best low-cost franchises out there, Chem-Dry is the largest carpet cleaning franchise in the world. Carpet cleaning is one of the more promising subsets of the cleaning industry, as well: According to Chem-Dry’s stats, carpet cleaning grew by 5% in 2018 and was expected to gross $5 billion that year. Chem-Dry provides more than just carpet cleaning services: Among other services, they also provide both commercial and residential upholstery, tile, stone, grout, air duct, wood floor, and pet urine and odor cleaning services.

Is Puroclean a franchise?

PuroClean actually doubles as a cleaning franchise opportunity and an emergency services provider, as this company provides cleanup, restoration, and reconstruction services for homes and businesses that have experienced property damage due to water, fire, mold, and other natural disasters.

How much does a cleaning business make?

In the beginning, your business can range from $30,000 to $50,000 a year as you start to secure clients. Once you’ve hired additional cleaners, you can make from $50,000 to $70,000. However, commercial cleaning businesses have the most revenue potential and can make over $100,000 a year.

How much does a cleaning business charge per hour?

In the US, the average hourly rate for a residential cleaning business is between $25 to $40 per hour and per cleaning professional. This hourly rate will really add up quickly once you’ve booked several clients and you begin to fill your cleaning calendar!

How many hours do you work as a cleaning company?

From our experience, most cleaning businesses start working around 20 hours a week until the number of clients increases. 20 hours a week usually equates to about 5 or 6 clients. Once your cleaning calendar begins to fill up and you’ve secured a loyal client base, you could work up to 40 hours a week.

Why is advertising important for cleaning?

Investing in advertising will increase your income because it will increase the number of clients that are booking your cleaning services. Advertising is especially important in the beginning stages of your business before you have a solid client base.

What is the highest potential for income for a cleaning business?

When it comes to operating a cleaning business, the highest potential for income is focusing on commercial cleaning. This is due to the higher rates you can charge for contracts and the size of commercial buildings.

How to figure out your salary?

The first step in calculating your salary is adding up what your total business expenses include. This number will typically include your business license (including the annual renewal fee), cleaning supplies, transportation to get to your cleaning jobs, your estimated taxes and any other expenses your business has. To have a solid business foundation, it is essential to always have a clear understanding of what your expenses are.

How does the number of employees affect the growth of a cleaning business?

As the number of employees increases, the amount of income your business will create will also increase. If you are willing to continue to hire new employees, the income potential becomes unlimited for your cleaning business. The size your business grows will ultimately depend on your long-term vision and goals for your business.

When Starting a Cleaning Business How Much Should you Charge?

Do not charge by the hour! That is the most critical first decision. You need to choose a starting rate for houses (or offices) at a price reasonable to your experience.

What are the steps to setting up your own cleaning business?

It’s important to first understand the various models available to you. There are many “ Aunt Sallie ” cleaners out there.

Is it worth starting a cleaning business and can this be done part-time and still lucrative?

Yes! I was able to build a flexible company earning $55k profit per year on 2 cleaning days per week and no employees or subcontractors. I worked around 20 hours per week for over $1,000 per week in profit. This gave me 5 days per week to enjoy my family and work on other projects.

How do you find clients or what are the best ways to get clients and retain them?

This age-old question isn’t so much about the tactics, rather the strategy. You have to understand the nature of being a “ Go-Giver ” and then apply it. But in general, here’s how you find clients.

Do you have to set up any business requirements before getting started?

This is a simple business with a low barrier to entry. I have already over complicated it with my list of getting started previously in #2!

What supplies do you recommend to start with for a cleaning business?

For a house cleaning business, you need a vacuum cleaner & attachments, microfiber cloths for cleaning & dusting, a tote bin, spray bottles, sponges & scouring pads, toilet brush, and the basic cleaning supplies (all-purpose, glass, kitchen & disinfectant).

How much does a cleaning system cost?

You can either bootstrap it with the cleaners and vacuum you already have or you purchase a cleaning system for between $500-$1,000. (Remember to use all these expenses as a tax write-off)

How much does it cost to start a cleaning franchise?

Low Cost Why start your business under a mountain of debt? When starting a cleaning franchise, you don’t have to. Some cleaning franchises cost less than $5,000 to start! Buildingstars and Stratus Building Solutions both have startup fees under $5k. With low overhead, you won’t have to worry about putting your profits anywhere but your business and your pocket.

Why buy a low cost cleaning franchise?

The initial investment for half of the franchises on our list is roughly equal to the cost of a car! However, because each brand will offer different levels of support and benefits, as well as different levels of brand awareness , the startup costs for each franchise will vary.

What is two maids and a mop?

Two Maids and a Mop is an award-winning residential cleaning business that has been named as one of the fastest growing cleaning companies in America by Inc. Magazine . They use a unique "pay for performance" model, which lets clients review the cleaning service they have received and pay accordingly. There are currently over 300 open franchise territories available for development.

What is cleaning franchise?

Cleaning franchises offer owners flexibility and freedom not found in many corporate jobs. Imagine, you’ll never have to go into the office again! And, remember, most franchisees who own a cleaning business don't do the cleaning, they just manage the business.

What is 360clean cleaning?

They use the Jani Med cleaning system, which consists of specialized training, hospital-grade disinfectants, state of the art equipment including micro-fiber technology, Hepa Vacuums with four levels of filtration and a focus on touch surfaces. As an FBR award-winning brand with a low initial investment, 360clean is an attractive franchise opportunity.

What is stratus cleaning?

Stratus Building Solutions offers commercial cleaning services for a wide range of businesses including medical facilities. In addition to janitorial services, the business offers power washing, construction cleanup, window cleaning, carpet cleaning and hard-floor care. They also offer "green" janitorial services in which they use non-toxic, biodegradable, and non-carcinogenic cleaning chemicals. This is an award winning brand with a very low initial investment requirement.

What is a maid pro?

MaidPro is a residential house cleaning business that uses eco-friendly services and a personal approach to please clients. They offer franchisees flexibility, work life balance and a recurring revenue model. They offer three different investment levels to fit your budget, up to $100,000 in low interest loans for qualified applicants and a veteran discount. You can learn more about MaidPro and contact the franchise team here.

How much does a franchisee make?

In the case of our food and beverage franchisee data, the median annual income is around $70,000, and if we include startup franchisees (those in business for less than two years) the median falls to around $50,000. Only 34 percent of all food franchise owners earned more than $100,000 last year – and many earned much less.

How much do food franchise owners make?

Our research shows that 37 percent of food franchise owners earn less than $50,000 per year, and just 16 percent – the “top performers” – earn more than $200,000 per year. The average annual income reported by all food and beverage operators that we surveyed is $120,000 for businesses open at least two years. Not bad, until you factor in the long hours and high initial investment that come with many food businesses. The good news is that our top food franchises report average earnings 15 to 20 percent higher than their competitors.

How to start a franchise business?

Here are some things to keep in mind when researching franchise opportunities: 1 Talk with as many franchisees as you can and confirm that your business projections and income expectations are realistic. 2 Understand that most business owners can’t take any money out of the business for the first few years during the startup phase, and it may take you even longer to start paying yourself a salary from your new business. 3 Plan accordingly and try to have alternative sources of income (i.e. a spouse’s salary) to live off of while your new business is getting off the ground.

What is the item 19 in a franchise?

Many franchisors have started including an Item 19—the “financial performance representation ”—as part of their F.D.D. The latest trend in Item 19s is providing both gross and net numbers in order to really give candidates and franchisees a better idea of potential profitability, not just top-line revenue. Franchisors told us they have become much more frank in their discussions with franchisees about what exactly they’ll need for capital in order to be successful.

Do people in franchising do well?

It’s true that some people in franchising – we’ll call them the top performers – have done very well for themselves. These are most often the people that end up owning multiple franchise locations and have built a successful team of people around them. This group represents only about 20 percent of the franchisee universe, yet it is their success stories that attract thousands of people to invest in a franchise every year.

Is average income data misleading?

While aggregate income data like this can be an interesting starting point, it is important to note that average numbers can be misleading. Average income data includes all franchisees together – both single and multi-unit owners – as well as franchisees that have been operating for many years. Those “top performers” in every brand can dramatically inflate the averages.

Is it important to have a well capitalized franchise?

The importance of a new franchisee being well-capitalized cannot be overstated. Prospective franchisees should carefully review a brand’s Franchise Disclosure Document (F.D.D.) and ask current franchisees how much they recommend a new franchisee have in the bank before opening.

Why can’t franchises tell you how much money you’ll make?

The intention of this restriction is to protect you, the franchise buyer. franchisors can choose to provide financial representations about their business in their FDD, which is based on past financial performance of corporate and/or franchise units. It is important to note that most FDD's are updated once a year (typically before the end of April of each year) and if a franchisor decides to make a financial representation in their disclosure document it will typically show financial data from the prior year.

What is the job of a franchise owner?

Your job as a potential franchise owner is to take that data and build your own financial projections while talking to other professionals ( franchise attorneys, accountants, and family / friends / advisors with related business experience). It is also recommended that you try to obtain financial information from current and former franchisees - you can find their names and contact information in Item 20 and Exhibits in the FDD.

Where do I find a franchises financial representations?

The FTC requires all franchisors to provide an FDD on their offering during the franchise buying process. If you'd like an FDD on any of our brands just ask us.

What is a franchise disclosure document?

Instead they can provide and reference data that they provide you in a standard format - called a Franchise Disclosure Document (FDD). This document discloses important nuanced information on the franchise offer. To learn more about FDD's read our guide to the Franchise Disclosure Document.

What is franchise purchase?

In short, the purchase of a franchise provides you (The Franchisee) the rights to a business model and its trademarks for a period of time, in a defined territory, in exchange you provide the Franchisor (entity that sold you the franchise) Royalties and other fees for the term of the agreement for ongoing support.

How long does it take to review a franchise?

It is important for you as the buyer to review a brand in a non-biased way, which is why the FTC requires that you spend at least 14 days reviewing the brand's FDD.

Does buying a franchise guarantee you will run a profitable business?

At the end of the day, you are a business owner running another brand's playbook that has the potential to fail or to succeed. Buying a franchise does not guarantee that you will run a profitable business, generate the same revenue, or incur the same expenses.

image

Why A Cleaning Franchise?

Top 15 Cleaning Franchise Opportunities

  • In the table below, you can see the range of franchise startup costs along with each brand’s focus market (residential or commercial) for 10 of the highest rated low-cost cleaning franchises, as determined by FBR’s franchisee satisfaction surveys. Low cost franchiseis considered below $100,000. While that may seem like a lot of money, financing opt...
See more on franchisebusinessreview.com

Ready to Get started?

  • With cleaning franchise costs so low, you may be able to purchase your cleaning franchise using personal savings, a loan from family or friends, credit cards, or a combination of the three. Soliciting advice from other franchisees prior to purchasing may also give you other ideas on how to fund your business. Ash Gawande, who is a veteran and franchisee of ImageOne Facility Solut…
See more on franchisebusinessreview.com

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9