Today, many people are opting to start their own cleaning business instead of working the more traditional 9 to 5 job. One option in running your own company is to open a franchised cleaning business.
In many ways, this can provide you with the best of both worlds, as you essentially have your own business, yet you are still provided with the support and training of a large and stable company.
Is it Worth Buying a Cleaning Franchise
Today, there are record numbers of people opening their businesses. One of the most popular of these is in the area of residential and commercial cleaning.
While some have taken the plunge as sole proprietors, others have opted to go the route of buying into one of the many available franchise options.
The Pros and Cons of Buying a Cleaning Franchise
While being involved in a franchise allows you to be part of an overall network – complete with training and an established way of conducting business operations – starting your shop does provide you with the ability to control all aspects of your company, including the taking of potential profit when you sell the business down the road.
Advantages of Buying a Cleaning Franchise
When considering a cleaning franchise, you have many factors to consider.
So, as you weigh buying a franchise against starting your company as more of a traditional business, remember to factor in both the advantages and the potential drawbacks.
When weighing the pros and cons of each, however, the franchise model does tend to have many nice benefits.
When considering buying a cleaning business, there are several advantages to going with a franchise. These benefits include:
Ready-Made Business. A franchise provides you with a “business in a box.” If you want to read the directions and go from there, then franchising may be the perfect thing for you.
Step-by-Step Instruction – When you start your own business from scratch, you typically are required to handle all of the details on your own. This oftentimes means figuring out every detail – which in turn could also entail making lots of unnecessary mistakes.
When you purchase a franchise business, however, you are provided with step-by-step instructions as to how to get the business up and running. This helps you get the operation underway much more quickly, without the need to go through a painful, and typically costly, learning curve.
Name Brand / Company Awareness – In many cases, a franchise will also provide you with instant brand awareness. Starting your one-person firm would require you to go out and make a name for yourself. This is very difficult to do.
Going with an already known name, however, gives you instant credibility with potential customers. This also makes your customers much more comfortable in doing business with a name that they already know and trust.
Training and Support – A franchise will also provide you with training and support – both initially and over time.
In the beginning, the franchisor will assist you in getting the business started, from how to set up shop, to your initial marketing campaigns, to any initial promotions. The franchisor will also assist you with any hiring that you may need to do if your company needs employees.
Likewise, ongoing support is typically provided whenever you have any questions or concerns. This is the opposite of starting your own business where you are oftentimes out there on your own.
Marketing and Advertising – Franchises assist you with marketing and advertising as well. If you are a franchisee of a large multi-national company, you will likely have some pretty large ad campaigns to back you. This is bound to bring in lots of customers.
Financial Backing – Depending on the franchise, you may also be able to obtain financing through your franchisor should you need to borrow money for a down payment, inventory, or supplies. Oftentimes, to get their franchisees up and running, the home office will offer financing at favorable interest rates.
Cleaning Franchise Drawbacks
Even with the many benefits of buying, franchise models aren’t for everyone. Some of the biggest drawbacks to going with the franchise arrangement can include:
Control. When you own your very own business, you can control every single detail – both large and small. But when you buy into a franchise, you must sign an agreement that states you will follow their rules and operate the business in the manner that they set forth.
This means abiding by their specific operating system, using their equipment, and even wearing their uniforms if applicable.
Location. You also don’t have much say regarding your site location when you operate using the franchise model. This is because the franchisor typically already has the sites for their locations chosen.
In many instances, the home office even has teams of real estate experts who take part in advanced site selection based on traffic patterns and other demographic factors to pick the very best sites for their particular brand.
Resale value upon exit. Certainly, if you own your own company and it becomes profitable, there is a chance that you can sell it for a nice profit over time.
Unfortunately, no matter how well you run your franchise location, it isn’t likely that you will be able to reap the resale value of selling a profitable location. (This works oppositely, too, in that if the business is unprofitable, you can typically walk away, leaving the franchisor as the buyer of last resort.)
Cost. While starting and operating any business will usually cost you money, going into a franchise will typically require some amount of down payment, along with ongoing fees.
Also, you may be required to pay a percentage of your location’s income or sales performance back to the franchisor.
How Much Does A Cleaning Franchise Make?
If you love to start a cleaning business but are overwhelmed by the many details, it may be time to consider buying a franchise. There are many success stories when it comes to cleaning franchises. These established businesses offer people the opportunity to become partners.
While work conditions and job satisfaction are priorities, profit potential stands at the very peak of considerations.
So, how much do cleaning franchise owners make? The earning potential is quite impressive. As a cleaning franchise owner, you are likely to earn between $50,000 to $150,000 a year.
Potential earnings will also depend on the franchise you choose.
There are lots of top-rated cleaning franchises you can partner with. Some of these include Vanguard Cleaning Systems, ServiceMaster, Jani-Pro, Chem-Dry Carpet Drapery & Upholstery Cleaning, and Merry Maids, among others.
Top Cleaning Business Franchises to Consider
Although there are many different cleaning franchises in the marketplace today, there are a few companies that should be considered ahead of the others. These companies include:
Coverall Cleaning Concepts
– Coverall has a network of over 9,000 franchise owners. With this many happy franchisees, they must be doing something right. The company has a mission to be recognized as the world’s leading brand in the commercial cleaning niche, primarily via its high quality and innovative solutions.
The firm provides in-depth training to its franchisees so that each one understands the quality that goes into their services.
ABM Janitorial Services
– ABM Janitorial Services has been in the business of facility solutions for more than 100 years, giving this company a very strong and solid background. It has locations in the United States, as well as in more than 20 different international locations.
The company is well known for its building maintenance, as well as its cost-efficiency. ABM provides services on a local, regional, and national basis.
Jani King Cleaning
– Jani King Cleaning is yet another one of the large and well-known names in the commercial cleaning businesses.
The company provides its services to a very diversified mix of clients, including general office buildings, manufacturing companies, retail locations, resorts, hotels, banks, healthcare facilities, event locations, stadiums, educational venues, government offices, and restaurants.
Therefore, anyone who is interested in opening a Jani King franchise will be able to pick and choose from a wide variety of venues to target.
While many people may think that owning a franchise takes a great deal of capital, the truth is that you don’t need to have a lot of money upfront to get started.
Oftentimes, these franchise companies will work with a potential franchisee in terms of working out financing and other details so that they can get their businesses up and running as quickly and easily as possible.