When it comes to cleaning businesses, commercial cleaning will definitely get you the most profit. In fact, the highest potential for earning a profit can be anywhere from $70,000 to $100,000. Of course that number will depend on a lot of things, but it is clear this can be a profitable business franchise. But what exactly makes this the most profitable cleaning business? Whether it is the fact that the demand for clean commercial properties is high or that a good pricing strategy can get you more money, there are various reasons for you to consider getting a commercial cleaning business franchise.
What Makes Commercial Cleaning Profitable?
According to a study done by Sky Quest, the commercial cleaning industry will grow at a CAGR of 6.5% between 2024 – 2031. But what exactly makes commercial cleaning so profitable? Well, the fact that new commercial properties are always getting built and we are really prioritizing having a clean and sanitized working environment. Especially since we’ve gone through the pandemic, business owners are making sure their commercial properties are sanitized so their employees stay healthy.
Another reason this is a growing industry is all of the technological advancements in cleaning equipment. These higher-grade cleaning equipment allows cleaning businesses to book larger clients that pay more money. This means you can have less clients and get lucrative, long-term contracts. So when you are looking for possible cleaning companies to join a franchise, make sure you choose one that invests in good, high-grade equipment and has bigger-name clients.
How Much Can You Make With Commercial Cleaning?
Now that you know this is a profitable business, you are probably wondering just how much you could make with a commercial cleaning franchise. With this kind of business, you could get anywhere from $70,000 to $100,000. But while this range sounds good, keep in mind that this is just a potential range and the actual amount you could make depends on a few different factors. Things like how established the cleaning company is will make a big impact.
The better known the company is, the better the contracts they will have. You also have to take into account the type of companies they are approaching. Larger businesses will be more willing to invest more money in extensive cleaning and longer-term contracts. And having larger businesses means you don’t have to have as many clients. Finally, the way the cleaning company decides to advertise their company will also determine how much money they will make.
Is It Difficult To Start A Commercial Cleaning Business?
Another good thing about having a commercial cleaning business is that it isn’t difficult to start. All that is needed is a solid business plan, the correct license, insurance, a business account, a realistic budget, and the right cleaning materials. And the fact that you are choosing a cleaning franchise means you don’t have to do anything from scratch. As long as you have the financial means to pay the cleaning business franchise costs, you can get started from a solid foundation.
The biggest factor that goes into starting is your research. You have to know what cleaning services you want to focus on and what values you’d want the business to follow. While you can’t necessarily make your own rules or processes with a franchise, you can make sure to choose a company that aligns with what you believe and feel. This means you should talk to other franchisees to see how the franchisor is really like and what they offer in terms of financial plans and general support.
What Do You Need For Commercial Cleaning?
Once you’ve chosen your commercial cleaning business as your franchise opportunity, the next thing you need to know is what materials and products you will need. With some franchisors, they might include in the franchise fees the materials and products the company uses, but there is still a chance you will have to purchase your own. The things you’ll need will vary based on what cleaning services are offered, but you will generally need things like the following:
- Cleaning solutions
- Brooms
- Brushes
- Mops
- Squeegees
- Gloves
- Masks
- Shoe covers
- Vacuums
- Janitor carts
For the more specific services like cleaning up chemicals, carpet cleaning, appliance cleaning, and so on you will need special equipment and specific products. And if you have contracts at medical facilities, you might need special protective gear as well. Again, this all depends on the types of cleaning services your franchisor offers already. So before you sign any contracts, talk to them about what cleaning materials and products they will provide – if any – and what kinds of things you will need to purchase. You should also ask about the cleaning vendors they use.
Get Started With Your Commercial Cleaning Business Franchise Now!
By now you should see just what makes a commercial cleaning business franchise so profitable. While the numbers in this blog will vary based on your specific commercial cleaning company, it is clear that with the right amount of work, you can make a pretty decent profit to help keep you afloat. Again, all you have to do is make sure you know about the type of customers a cleaning company has before you make a decision to franchise with them. Once you know this, you can begin owning your commercial cleaning franchise right away!