The cleaning industry in Australia is stable and continuously growing, with residential cleaning expected to reach a market size of $111,498 million by 2030, and commercial cleaning reaching an incredible market size of $9.2 billion in 2023. It’s a great profession to pursue as an entrepreneur (or a business owner looking for something new). Before we get into the reasons why, let’s answer two important questions:
How much can a cleaning business make in Perth?
The amount of income you make owning a cleaning business will depend on a few factors, particularly your target market (commercial, residential, or specialty). It is possible to generate up to $100,000 annual turnover once you’ve established yourself and have a loyal client base. In your early stages, generating an annual income of $35,000-$50,000 is achievable.
Perth residents also prefer supporting WA businesses instead of national companies, and the average cost of cleaning a home is around $50.31 per hour. The more homes or commercial offices you clean, the higher your revenue.
Should you buy a cleaning franchise?
If buying an existing cleaning business is something you’re not 100% confident in just yet, you can always consider buying a cleaning franchise. Cleaning franchises are low-risk and have a pre-existing business model that works. While you will have the freedom to run your own franchise, you won’t have full autonomy over the brand. So, should you buy a cleaning franchise? If you want the support of a franchisor and existing resources, then yes.
Buying an existing cleaning business in Perth will still offer great benefits, including an existing cashflow and client base that you can improve and grow.
Let’s get into the top reasons why you should buy a cleaning business in Perth.
Cleaning is a basic need
The cleaning market is not only diverse, but also a necessity. Post-pandemic, hygiene has become a major caution for homes, commercial spaces and hospitality-related properties. Whether you choose to buy a commercial or residential cleaning business, there will always be a demand for your service. It’s up to you to ensure your brand is the most trusted and sought after.
Existing customer base
Tapping into an existing customer base is an obvious benefit to buying any business, but it is a significant benefit when buying a cleaning business. Acquiring clients is a difficult objective, especially when there are hundreds of great cleaning businesses in Perth. Because an existing cleaning business has client contracts, you can focus on retaining and growing your client base.
When you or your lawyer conduct due diligence, make sure that the seller is being truthful about their existing customer base.
It’s a franchisable business
Another reason to buy an existing cleaning business is the possibility of franchising it. Cleaning services are franchisable for a few reasons:
- The market is sustainable, and it is not based on fleeting trends.
- The core business model is not flawed and can thrive in economic ups and downs.
- It doesn’t require nuanced skills to run a franchise unit, so individual franchisee success is attainable.
To elaborate on the last point, one element that makes a business franchisable is the ability for franchisees to succeed. If a business can produce profitable franchise operators, then it will be scalable. While operating a cleaning franchise business isn’t easy and does require certain entrepreneurial skills, the relevancy, quality and lead generation systems of the franchise brand are what will make it successful.
How BusinessesForSale.com can support you
Buying an existing cleaning business or franchise in Perth is a great route into business ownership. While you may want to give it more thought, it’s a safe way to earn income, attributed to growing demand, established client contracts, and low-risk investments (if you want to go the franchise route).
You can also explore commercial cleaning or domestic cleaning businesses for sale throughout Australia if you want to broaden your search.
If buying an existing cleaning business or franchise still doesn’t appeal to you, you can always start your own cleaning business. While starting a business carries far greater risks, it also brings great rewards.
Whatever route you choose, the cleaning industry will always be in demand, so your journey into this market can bring great success.
@Be_theBoss