In today's fast-paced world, the demand for cleaning services is soaring. According to research by Business Wire, the global cleaning services market was worth an estimated $7.5 billion in 2022 and is forecast to reach $10 billion by 2026 — a growth rate of 9.6%. These numbers make opening a cleaning business an attractive option for aspiring entrepreneurs, who imagine how much money they can earn.
But the first question they should ask themselves is, “how much money do I need to start a cleaning business?” Fortunately, compared to many other industries, the financial barrier to entry in the cleaning business can be relatively low, making it an appealing choice.
The initial investment for cleaning businesses varies depending on the type of cleaning service you plan to offer. Whether it's residential, commercial, or specialized cleaning like healthcare facilities, manufacturing plants, or restaurants, each has its unique set of requirements and associated costs.
For a basic residential cleaning service, the cleaning service startup cost can be quite manageable. Essential items include cleaning supplies, equipment like vacuums and mops, and transportation to get to clients' homes. Marketing materials, such as business cards and a website, are also crucial for attracting customers. If you start small and can do the cleaning yourself, you’ll eliminate the need to pay employees.
Starting a commercial cleaning service will require a more substantial initial investment. As these jobs are typically larger, you may need more powerful equipment, and more of it. Special cleaning services can be the most expensive of all to start. Your staff members will need to be trained in specific processes to clean hospitals, doctors’ offices, and other medical facilities, according to standards set by the Centers for Disease Control and Prevention. Meanwhile, if your company cleans restaurants, you will have to abide by health standards set by OSHA.
When pondering "how much money do I need to start a cleaning business," it's essential to consider the following expenses:
While starting a cleaning business independently can be cost-effective, partnering with a cleaning franchise offers distinct advantages. Most importantly, the recognizable name that comes with a trusted brand starts you off with an established customer base, as people would rather do business with a company that has a good track record.
As a franchisee, you get a proven business model to follow. This teaches you how to run your business, and complete your jobs in the most efficient way, saving you time and money. The support you receive from a franchisor can significantly reduce the trial and error often associated with start-ups, potentially leading to quicker profitability.
Two Maids is well-known in the residential cleaning market, thanks to our pay-for-performance model. Customers rate each job we perform for them according to how well it’s done, and our employees get paid based on that rating.
Entrepreneur ranked us on their 2023 list of best franchises to purchase for less than $100,000. Our franchise fee is $19,950, and you’ll need minimum working capital of $34,000. Our initial investment ranges from $93,440-$149,890.
Wherever you are in the discovery process, our Franchise Development Team is here to help.
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