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Squeegee Squad

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Maintenance, Repair, & Restoration
Investment Range
$70,025 to $165,250
Total US Locations
65
Franchise Units
62
Founding Year
2005
Started Offering Franchises
2005
Management Capacity
Owner Operator
Job Count
7
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
6%
Marketing Fee
1%
Franchise Fee
$58,300
Headquarters (City, State)
Maple Grove, MN
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
15 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

Squeegee Squad offers a unique service experience. To them, it’s not just about window cleaning. They are dedicated to constantly improving their service, providing not only clean windows, but a great experience from start to finish. They work to ensure that safety, quality, friendly staff, and peace of mind are part of every customer experience. Squeegee Squad window cleaning franchise owners specifically cater to homeowners, as well as corporate offices and government facilities. Owners will serve the largest grossing, most profitable niches in the window cleaning industry. The Squeegee Squad franchise system is the only franchise business model that can enable owners to grow the largest window cleaning business in the market by going after the largest jobs. The franchisee will dominate the market!

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Management team / founders

If in 1994, you were to tell Jack Ruegsegger that in ten years, he would have a successful business cleaning windows, he would have probably told you that you were nuts. In 1999, Jack started a window cleaning business with his brother Joe. They began by visiting with homeowners in neighboring areas and passing out brochures detailing their window cleaning services. By making a personal connection with homeowners, Jack and Joe were welcomed as the neighborhood window cleaners. In 2015 Squeegee Squad Corporate began expansion into the building restoration specialty services of caulking/waterproofing, glass restoration and elastomeric coating of buildings. General manager of the Squeegee Squad building restoration corporate crew has pioneered this new division and helps support franchise owners get into this large volume, high-profit margin specialty niche.

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Focus of owner for daily business operations

As an Squeegee Squad franchisee, the main facets of the business entail: 1. Managing day-to-day bookings; 2. Interacting with clients and being the face of the company; 3. Hiring and managing staff; 4. Marketing and advertising locally; 5. Making sure safety standards and protocols are being met

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
6%
6%
6%
Marketing Fee
Franchise Fee
$58,300
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
Franchised
Total Outlets
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
% of Franchisees with Completed Litigation
Number of Bankruptcies Disclosed
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.