In a post-COVID-19 world, people and businesses are still putting cleaning and sanitization on the top of their list making cleaning franchises an attractive business alternative. At the same time, maintaining existing infrastructure to reduce costs, in the long run, continues to be an economic option for businesses. It’s a perfect time to cash in on cleaning complexes and help keep communities healthy.
Growing Market
IBISWorld reports in 2023 the number of commercial cleaning franchises and cleaning services franchises have increased by nearly two percent since 2022. This data is no surprise, considering the recent events of the world. For the last 10 years there has been a steady increase of commercial cleaning services franchise in the U.S. The same report shows a more than two percent increase in U.S. business growth in 2023.
On the residential cleaning side, IBISWorld reports residential cleaning franchise industry has grown an average of nearly three percent per year from 2017 to 2022. The growth residential cleaning services has seen has increased quicker than the economy as a whole.
Money to be Made
Depending on the company, clientele and products offered, a cleaning franchise can have relatively low overhead costs. IBISWorld data shows the biggest business cost for commercial cleaning franchises is labor at 43%. ZipRecruiter estimates the average cleaning franchise owner can make more than $100,000 per year.
While residential cleaning can be seen as a luxury to some, both residential and commercial cleaning are truly necessities for businesses and individuals. People with disabilities or busy schedules still need clean, healthy homes. In today’s fast-paced world, most households have at least two people working. In fact, the Bureau of Labor Statistics found in the most recent census under four percent of U.S. married couple families have an unemployed member. This means fewer people have less time to get chores and cleaning done around the house.
The residential cleaning service franchise industry was worth an estimated $1.2 billion in 2022, according to IBISWorld. People also have more disposable income at their fingertips, allowing them to outsource extra duties.
Cleaning & Maintenance Franchise Opportunities
Maintenance and cleaning franchises can provide a variety of services to customers—from commercial to residential to even industrial. This industry is not only large, but it’s greatly needed. The current climate makes now a perfect time to snatch up a cleaning franchise in your area, even if you’re not one to scrub and scrape. The eagerness to learn and grow as a franchise owner is the most important aspect of your resume. Your franchise fee covers training and ongoing support, a proven business model, and a full team behind you.
