Commercial cleaning franchises have massive appeal for many reasons. Firstly, they are one of the most affordable franchise opportunities around. Secondly, the work really does not require prior experience. Thirdly the franchisor supplies the new franchisee with a ready-made client list of active accounts, meaning that as soon as you sign up, you have customers and you can start work straight away.
This client list is generally sold at about half the gross income that the accounts should earn in one year. So an account which will bring in $50,000 per year will be sold to the franchisee at approximately half that amount, say $25,000. The franchisor will probably also require on-going royalties, management fees and advertising fees.
So here we have a franchise opportunity presenting itself as inexpensive to buy, no marketing required, with ready and seemingly inexhaustible supply of work available and sweeten an already appealing package, the franchisor may offer to arrange financing for you on attractive terms.
