Cleaning Franchises are Mopping Up the Competition
Running a cleaning business can mean profits that are more than just tidy.
Running a Franchise in the Service Industry in your area
Do you have a helpful attitude and have always wanted to open a service-based company in your area? A franchise providing aid may be the ideal match where the service industry crosses over with owning your own business, providing the perfect chance to start a business for many potential entrepreneurs. As you consider going in on a new franchise in the service industry in your area, there are some things to think about.
What Does a Franchise Owner in the Service Industry Do?
Did you know that not all service providers are independently owned? It's true that a lot of well-known maintenance firms are franchised, but there are a handful that are owned and operated by the head office. The franchisee owns a location, meaning they employ the staff, manage all the operations, and are responsible for the business side of things. Buying and managing a franchise in the service industry location means the franchisee is also responsible for the success of that franchise location.
As part of the buyers agreement, franchisees pay royalties to corporate and get the instruction they need through solid branding and a service model. The home office takes care of advertising, menu design, further instruction, conferences, and problem-solving for all its franchisees.
What Franchises in the Service Industry Are Available?
Some can be very specific in their offerings like residential only, or just commercial while other service-based franchises operate in both sectors. Before pursuing a specific brand in the service industry, we can help you figure out what might be more successful in your area and fill a market niche.
- Gutter Cleaning & Repair
- Renovation Companies
- HVAC Technicians
- And More
Our experts help assist you in drilling down all the options and creating a profile of the local market to help you find the best service-based franchises. Market research may show that the neighborhood will welcome it with open arms. Understanding items like the makeup of the neighborhood, what other service-based franchises are operating in your area and how they do business will help you decide what service-based franchises to choose.
We Help You Pick What Type of Service-Related Franchises to Open in your area
With some guidance from us, you can find franchises in the service industry to fit the bill in your area.
Franchises that offer Commercial and Residential Services are rapidly expanding across the US.
What does it cost to get into the Cleaning sector?
The average investment in the Cleaning sector is $110,478. But, that doesn’t tell the whole story. There's a striking difference between the average and median.
Of all Cleaning franchises, 41 have an investment lower than $90,992. The average initial investment is skewed because the most expensive franchise in this sector is $409,300.
When looking at franchise opportunities make sure you examine brands within your investment range. Search below for Cleaning investments that fit your financial criteria. If you're not sure what you can afford, fill out our Franchise Affordability Calculator.
How much can I make in the Cleaning sector?
How much money you can make from a Cleaning franchise depends on several factors, including location and demand for your services.
One way to predict your profit potential is to evaluate the financial performance representations provided by a franchisor in Item 19 of their Franchise Disclosure Document. Franchisors are not required to disclose this information, some are more transparent than others.
In the Cleaning sector, 60% disclose a financial performance representation. Of those, only 28% disclose some type of expense data on its franchisee operations.
Unlock our Cleaning Sector Report to learn which franchises are profitable.
- Services are always in demand
- Low investment, some home-based opportunities.
- Property managers want to rely on a company with a proven track record, such as a franchise that's recognized nationally or regionally.
- Several multi-unit franchising options available, helping you scale your investment to your growth.