Franchises in the Cleaning & Maintenance Industry
Interested in buying a franchise in the cleaning and maintenance space? There are many types of services within the cleaning franchise industry, including but not limited to home cleaning, home inspection, lawn care, janitorial services, carpet cleaning, dry cleaning, fabric care, maid services, disaster restoration, and junk removal. Contrary to popular belief, it is not necessary for owners of cleaning businesses to obtain those mechanical skills in order to run a cleaning and maintenance franchise. Many franchises in cleaning and maintenance industry can be operated at low costs. In fact, some stores can even be operated as a home business so the owner is able to work remotely.
Cleaning & Maintenance Franchising Trends
Rising environmental concerns lead to trends in more sustainable and eco-friendly cleaning products and services. In relation, there are also growing trends for more natural cleaning products regarding health concerns. Over the past few years, many franchises have implemented green cleaning concepts to support the demand. Furthermore, other more traditional franchise brands have also introduced environmental friendly products and services to not only follow up and coming government regulations but also accommodating the needs to more environmentally-conscious customers.
North America is the largest cleaning services market, and is anticipated to expand at the same speed. Home cleaning services are becoming more popular because cleaning companies nowadays offer flexible scheduling and pricing plans to all customers: there are daily, weekly, monthly, and even one-time cleaning services that could be offered to the public to accommodate various needs.
Many of the businesses and franchises we work with at Visa Franchise focus on the different types of cleaning service concepts available. At Visa Franchise, we have reviewed over 2,900 franchises and businesses. Of the cleaning franchise concepts we have research, the total investment amounts can start as low as $3,620 and all the way up to $768,000. This is a much lower investment range relative to other industries like Food and Beverage or Health and Beauty. In our analysis, we saw the average royalty fee takes up 7.9% of gross revenue, and the average marketing fee is 2.8% of gross revenue.
How much can Cleaning & Maintenance franchises make?
Allied Market Research estimates that the cleaning services‘global market is expected to gain $74.299 million annually by 2022. For specialized services like janitorial services, the Statista IBISWorld has claimed that the revenue was $52 billion in 2014. Business in the cleaning industry are also attractive options because they are typically a lower investment amount relative to other industries. As income increases, the expenditure of cleaning and maintaining one’s house or business keeps rising too.