Is a commercial cleaning business profitable?
30 Jun 23
Did you know that Australia’s commercial cleaning industry is today worth close to USD$14 (AUD$21.5) billion? It’s predicted to grow even more, with an expected 4.3% increase in CAGR (compound annual growth rate) each year until 2028.
So if you’ve been thinking about starting or buying a commercial cleaning business, the future looks very bright indeed.
Why is commercial cleaning booming?
You may be wondering why the commercial cleaning industry is growing so rapidly. Quite simply, every business in Australia needs to maintain safe, clean and hygienic premises – a fact that became even more apparent during the COVID-19 pandemic.
Incredibly, work-related injuries and illness cost the economy a staggering $28.6 billion each year. When staff are sick, businesses see an immediate impact to their bottom line. And so, commercial cleaning isn’t an optional expense – it’s an essential one.
That’s why when you start or buy a commercial cleaning business, you can be confident that there will always be demand for your services.
Reasons to buy a franchise
The best way to quickly benefit from all that industry growth is to buy an established commercial cleaning business. Rather than start a business from scratch, you'll be given everything you need (like equipment and a uniform). They should also support you with business and marketing advice.
And because customers immediately recognise and trust the brand behind your business, you can start landing contracts right away.
Here are another 5 reasons to buy a commercial cleaning business in 2023.
How does a commercial cleaning franchise work?
When looking for a commercial cleaning franchise for sale, it’s important to do your homework. You’ll want to make sure that the franchisor has been around a long time, has a proven system, and won’t leave you to figure things out alone.
For example, since V.I.P. has been around for over 40 years, we have a robust franchise model that prepares you to run your business successfully. That includes setting you up with all the equipment, products, training, leads, marketing and other essentials you need to get started.
And once you become a part of our franchise family, we keep in regular contact with you (as well as connecting you with other franchise owners) so you never feel alone.
You should also check if the franchisor has any restrictive policies. For example, at V.I.P. we don’t have any renewal costs or a lock-in period. We also offer a unique sell-back option to benefit your business.
Ready to start your commercial cleaning business?
As you can see, a high-growth industry backed by a strong franchisor is a recipe for business success. Ready to make the most of the commercial cleaning surge and enjoy more financial freedom? Get in touch with us today.
Sources
https://www.expertmarketresearch.com/reports/australia-and-new-zealand-cleaning-services-market
