Commercial Cleaning Franchise: Identifying the Best Opportunity
The commercial cleaning industry is experiencing rapid growth. The global market was valued at over $375 billion in 2022 and is expected to reach more than $630 billion by 2030, expanding at a compound annual growth rate (CAGR) of 6.83%. With strong industry growth on the horizon, more entrepreneurs are exploring franchise opportunities within this booming sector. However, as the market becomes increasingly saturated, it’s essential to differentiate yourself by focusing on niche services.
Explore key factors to consider when evaluating commercial cleaning franchise opportunities and learn why niche franchises specifying in mold remediation, water damage restoration, and HVAC cleaning offer unique advantages.
What to Consider When Choosing a Commercial Cleaning Franchise
Finding the right franchise opportunity takes time and research. There are multiple factors you’ll need to take into account when deciding which brand is best for you:
- Comprehensive training and support: Reputable franchisors have extensive training programs designed to set their franchisees up for success. From business operations and marketing strategies to equipment use and cleaning techniques, a commercial cleaning franchise will teach you everything you need to know to thrive. Your franchisor should also provide ongoing support after your business has launched. Speak with existing franchisees to get a full understanding of the franchisor’s assistance. Through their experiences, you can determine if they offer the right level of support for you.
- Proven track record and reputation: How many locations does the franchise have? How long have they been in business and when did they start franchising? What do clients have to say about the brand? Look at online reviews to gauge public opinion. When you speak with franchisees, take note of how they feel about the franchisor. If they seem at all dissatisfied, it could indicate issues within the franchisee-franchisor relationship.
- Territory availability and growth potential: See where the franchisor has territories available for investment. Even if a franchise brand has a lot of locations, that doesn’t necessarily mean there isn’t room for continued growth. Confirm with the franchisor that your territory is protected and that you can have more than one – this will give you the opportunity to fully grow your business without the threat of other franchise locations too close by.
Why Choose a Niche Commercial Cleaning Franchise Instead
A common question you’ll get as a business owner is, “Well, what makes you different?” It’s crucial to have a compelling answer. And while the commercial cleaning industry is experiencing rapid growth, focusing on a more specialized service may be your best bet. Consider the following:
- Specialization creates market differentiation: Owning a mold remediation, water damage restoration, and air duct cleaning franchise sets you apart from general commercial cleaning opportunities by positioning you within a specific niche that addresses critical health and safety concerns.
- Higher profit margins: Specialized services like mold remediation and HVAC cleaning require specific training and – in some states – a license or certification. With a value-based pricing strategy, you’re able to charge a premium for your services given your expertise.
- Increased demand: As people become more aware of the serious health issues mold can cause, there’s been a push for high-quality mold remediation services. In 2023, the global mold remediation market was valued at $1.23 billion. From now until 2030, the industry is expected to grow at a CAGR of 3.1%.
Why Franchise with AdvantaClean
AdvantaClean, one of the leading niche commercial cleaning franchise opportunities, provides more than just premier mold remediation, water damage restoration, and air duct cleaning services. Our locations offer a variety of services including moisture control, radon testing and migration, sanitization, fire damage cleanup, smoke and odor removal, basement waterproofing, winter storm damage, hurricane and storm damage, and more. With a diverse range of offerings, our franchisees are able to build multiple streams of revenue, providing more financial stability.
Plus, our mold remediation franchise is part of the family of brands under Home Franchise Concepts – the nation’s top home services franchisor. All our franchisees get direct access to some of the most experienced industry professionals ready to guide them through business ownership.
With over 130 locations nationwide, we have plenty of room to continue expanding with new and existing franchisees across the country. Each of our territories are protected and serve at least 100,000 households in addition to commercial businesses.
To own an AdvantaClean franchise, candidates should have a net worth of $300,000 and between $84,000 and $165,000 in liquid assets. Our investment costs range from $115,980 to $196,500. However, we do offer qualified candidates up to $32,000 of in-house financing to help them fund their new venture.
Ready to invest in a specialized cleaning franchise? To learn more about the AdvantaClean opportunity, fill out and submit our franchise form today and one of our business development representatives will set up an introductory call.