Buying A Cleaning Franchise Business
According to the Franchising Economic Outlook, total output from franchise businesses increased to $787.7 billion in 2021 and is projected to grow to $826.6 billion in 2022. This continued growth presents an opportunity for aspiring entrepreneurs looking to operate a successful cleaning business.
buying a cleaning franchise business
As an entrepreneur, there are many benefits associated with owning a cleaning business franchise, and there is great potential to make profit. Your opportunity for success at a well-managed and -designed franchise makes it an attractive option.
To find the right cleaning business opportunity, the first step is to outline your goals and what you want to get out of the business. Determine the amount of time you want to invest, expected income, and if you plan on eventually owning more than one franchise.
Search the top cleaning franchise opportunities in your country, and look for a recently updated website to provide the most accurate industry information. Some franchises require in person training, so consider location proximity as well.
Owning your own cleaning business franchise can be a very profitable venture and allow you to skip the preliminary work in starting a business. It may be the best option for those who value structure or those looking to take advantage of a pre-existing business model.
Janitors and other cleaning personnel have historically been disregarded and undervalued. However, they have now been hailed as essential workers and community heroes during the height of the COVID-19 pandemic over the past two years. It is now important to have cleanliness in public spaces. And right now is the perfect time to consider purchasing a commercial cleaning franchise. Here are some important key factors to consider before purchasing a cleaning franchise.
Yes, commercial cleaning and commercial cleaning franchise is a growing industry. Over the past five years, commercial cleaning has seen a steady increase in demand thanks to overall economic growth and the Bureau of Labor and Statistics currently predicts a 6% increase in job outlook between now and the year 2030. This percentage is currently as fast as the national average rate but could change based on demand, staff availability, and more. As previously mentioned, demand for janitorial cleaning services over the last several years has increased and the number of available job openings for janitors and other cleaning staff is projected to be around an average of 314,900 annually over the next decade.
From support, marketing and training to past and potential future performance, there are a lot of things you'll want to know before you buy a cleaning franchise. You'll find much of the information you need from the franchisee or reseller, but it also pays to talk with competitors and current franchisees to get a better understanding of the opportunity.
While there are plenty of up-and-coming opportunities in a range of industries, unless you're willing to take on a good amount of risk it's best to go with an established and reputable franchisor. Before you buy a cleaning franchise, you'll want to know about the franchisor's reputation, brand presence and the success rate among their franchisees. If the franchisor has been in business for more than a year or two, this information should be easily accessible on the franchisor's website and from industry-specific resources.
You want to know who you're going into business with and how they manage their company before you buy a cleaning franchise. At a minimum, you'll want to know about the executive's experience in the industry and their experience with franchising. Are the franchisor executives founders of the brand? Are they well known in the industry? Do they practice innovation as part of their business model? Get to know who's behind the scenes before moving forward.
Review the franchisor's mission statement or other information about what the company stands for and how they conduct business. Does the franchisor's business model include community outreach efforts? Do they recognize and celebrate the achievements of their franchises? Is a commitment to franchisee success a foundational element of how the company operates? These are important questions to ask before buying a franchise business because you want to know as much about the company culture as possible to determine if the opportunity is a good fit for you and your business goals.
An established cleaning service franchisor should have plenty of success stories to share. Whether these success stories are available on the company's website or you talk with franchisees directly, you'll want to learn about their challenges and how the franchisor has helped them create a profitable business. From questions about buying a cleaning franchise business to why the franchisee chose the franchisor, you'll gain a lot of insight regarding the viability of the franchise and what you can expect by examining success stories.
While there are plenty of questions to ask about buying a franchise, the costs and the terms of a franchise agreement will ultimately be critical to your future success. For established franchisors, these details should be available on their website or included with a franchisee information packet. From licensing fees to operating expenses, you'll want to know as much as possible about how much investment your new endeavor will require.
The popularity of a franchise brand affects everything from marketing efforts to how easy it will be to get up and running. Does the brand have a presence across the country or just in select markets? Does the franchise have a unique approach to doing business that makes them more desirable than others in the industry? Knowing how popular a brand is before you buy a cleaning franchise is important simply because a well-known brand will stand a much better chance of success.
Investing in a new endeavor is stressful enough without the added pressure of learning difficult processes or creating a marketing strategy from scratch. Does the franchisor provide adequate information about all aspects of the franchise, from startup to creating a long-term business? Is the acquisition process straightforward and easy to understand? How involved is the franchisor in the franchisee's ongoing success? If acquiring a cleaning franchise is difficult and stressful, imagine how challenging the rest of the journey could be.
If you're buying a cleaning franchise business, you'll need guidance and support from the start. Does the franchisor provide support during startup, and if so, what kind of support? Will the company help with marketing, training and other important aspects of your business? What resources does the franchisor provide for managing your business and controlling costs? Any franchisor you're considering should show they are focused on the success of each franchise by providing a variety of support.
At Alert Level 4, we continue cleaning as required for essential businesses ONLY. If you are an existing customer in a non-essential business, please liaise with your Crewcare account manager directly.
Commercial cleaners cater to businesses, while residential cleaners cater to households. On the other hand, specialised cleaners offer specific services such as high-rise window washing or deep-cleaning focussed on disinfection.
Most cleaning business franchise owners are also the operators. If you feel the need to hire someone to work for and with you (e.g., your business is booming), ask the franchise if there are any procedures to be followed. Most will be requiring security checks and training, at the very least, to maintain quality standards.
Crewcare offers cleaning franchises in Auckland, Hamilton, Tauranga, and Wellington. If you're in any of these areas, you can quickly book a meeting with one of our franchise managers to see if it's a good fit for you. We can't wait to welcome you to our growing family of 200 plus owner-operators.
Franchise vs. independently owned? Many of the cleaning businesses for sale via brokerage web sites are franchise businesses. On the one hand, this means that, as the new owner, you will be backed by many different types of skills, knowledge, and support that you would not necessarily have access to when buying an independently-owned cleaning business. On the other hand, it means you can expect to pay a percentage of your revenues to the franchisor. You will also be expected to adopt certain brand standards in order to remain in good standing with the franchisor, and will likely need to undergo an independent evaluation and approval process by the franchise company before you are permitted to buy the business. Ultimately, it means you need to undertake deep research into all the available house-cleaning franchise options to make sure the system into which you would be buying is a best fit for you.
What does the current owner pay him or herself in a given year? Lots can be done to make a business opportunity look great on paper, but perhaps the single best indicator of business health and profitability is how much the owner takes home in a given year. If they are not willing to share this info, and back it up with proof such as a recent income tax return, think twice before engaging in further conversations about the cleaning business for sale.
Franchising is on the rise with the surge of people wishing to go into business for themselves. It is a perfect fit for anyone looking to run a successful business while having the support of a proven and established franchise system.
The commercial cleaning industry is one of the fastest-growing services in the world today. The janitorial services industry is currently worth 63 billion-dollars according to the IBIS World Industry Report and is projected to continue to grow as cleaning services become a necessity during and post-pandemic. A commercial cleaning franchise will continue to provide tremendous opportunity. Everywhere you look, there are new buildings being built, and businesses being opened and all of these businesses need cleaning services. 041b061a72