Are carpet cleaning franchises profitable?

Starting a carpet cleaning business has one of the highest rates of return on investment of any business. The cost of cleaning supplies typically runs less than 5\% of the job, meaning a 95\% profit margin. Many successful carpet cleaners report earning $75 to $150 or more per hour, per one man vehicle.

How much is the carpet cleaning industry worth?

The global carpet cleaning products market size was valued at USD 1.4 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 4.5\% from 2019 to 2025.

Is carpet cleaning a good business to start?

Depending on how you run your carpet cleaning business, it has the potential to be a highly lucrative type of business. Other than your initial investment in equipment, ongoing costs are fairly low for most start-up carpet cleaning businesses.

How much does it cost to start up a carpet cleaning business?

Most carpet cleaning businesses require about $56,000 to $80,000 in startup costs. This is minimal compared to industries where you need to rent an office, warehouse, or storefront. Startup costs include: A new or used van to transport your carpet cleaning equipment.

How many carpet cleaners are in the US?

The US janitorial services and carpet cleaning industry consists of about 60,300 janitorial establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $50 billion and about 7,500 carpet and upholstery cleaning establishments with combined annual revenue of …

How big is the residential cleaning industry?

The market size, measured by revenue, of the Residential Cleaning Service Franchises industry is $899.9m in 2021.

How do I go about starting my own cleaning business?

How to start a cleaning business in 7 steps

1. Step 1: Fund your cleaning business.
2. Step 2: Choose your market.
3. Step 3: Find a specialty — and stick to it.
4. Step 4: Plan the business budget.
5. Step 5: Register the business.
6. Step 6: Find and maintain clients.
7. Step 7: Invest in advertising and expanding.

How many janitorial companies are there in the US?

1,063,988 Janitorial
There are 1,063,988 Janitorial Services businesses in the US as of 2021, an increase of 5.7\% from 2020.

How much can you make owning a carpet cleaning business?

As a solo carpet cleaning business owner, you can potentially earn between $75,000 – $100,000 per year. However, as a DryMaster carpet cleaning business owner you’ll have the potential to earn up to $200,000 per year in income.