- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$70K - $165K
- Units as of 2024
-
70 27.3% over 3 years
Squeegee Squad is a cleaning and maintenance franchise that offers window cleaning, snow removal, pressure washing, chandelier cleaning, and more. With a potentially expansive market, customers may include homeowners, businesses, builders, realtors, management companies, churches, and schools.
Over the years, Squeegee Squad has been a player among corporate commercial and residential markets worldwide. The franchise is built around three markets: commercial storefronts, residential and high-rise buildings. Primarily, Squeegee Squad focuses on the residential and high-rise markets because they tend to be the most profitable.
Squeegee Squad was founded in 1999 and began franchising in 2005. It now boasts over 40 franchises located in the United States. In addition, there are multiple Squeegee Squad locations overseas.
Why You May Want to Start a Squeegee Squad Franchise
Franchisees will receive support from staff in Squeegee Squad headquarters, which is located in Maple Grove, Minnesota. A Squeegee Squad location is expected to run full-time, though absentee ownership is allowed. Corporate also may allow you to run your location as a home-based business, potentially cutting down on overhead costs.
The franchisor offers an initial training program alongside various ongoing support options to help franchisees start and run their businesses effectively. With exclusive territories available, the franchisor is seeking new franchise units worldwide.
Regardless of the economy, windows will always get dirty. This is an opportunity to start a business because the market may be steady both nationally and internationally. Squeegee Squad serves many markets in the window cleaning industry. A Squeegee Squad franchise operates on a flexible schedule in an effort to create repeat customers.
What Might Make a Squeegee Squad Franchise a Good Choice?
To be part of the Squeegee Squad team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for the existence of ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Squeegee Squad may help you cover the cost of the franchise fee through in-house financing. Third-party sourced relationships are also available to help finance the franchise fee, startup costs, inventory, equipment, accounts receivable, and payroll. However, these financing options are only available to select franchisees termed as qualified by the franchisor.
A Squeegee Squad franchise may have low overhead costs because it doesn't require much space. Land, buildings, retail storefront, inventory, consumables, or receivables are not necessarily needed because the business can run from a home unit. To get started with your own Squeegee Squad franchise, you will need a vehicle with a ladder rack, a computer, window cleaning equipment, insurance, advertising and signage, uniforms, office supplies, training, company support, and more.
How To Open a Squeegee Squad Franchise
Compared to other franchises, starting a Squeegee Squad franchise may be easy, as it requires less space, which can save on overhead costs and overall operational costs.
As you decide if opening a Squeegee Squad franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Squeegee Squad franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Squeegee Squad franchising team questions.
Company Overview
About Squeegee Squad
Industry | Maintenance |
---|---|
Related Categories | Window Cleaning, Miscellaneous Maintenance Businesses, Cleaning/Restoration |
Founded | 1999 |
Parent Company | Jack & Joe's Franchising Inc. |
Leadership | Courtney Lightfoot, CEO |
Corporate Address |
8147 Maple Ln. N. Maple Grove, MN 55311 |
Social | Facebook, Twitter, Instagram, YouTube |
Business Overview
Franchising Since | 2005 (19 years) |
---|---|
# of employees at HQ | 16 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 70 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Squeegee Squad franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$50,000 - $66,600 |
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Initial Investment
|
$70,025 - $165,250 |
Net Worth Requirement
|
$70,025 - $165,250 |
Cash Requirement
|
$3,000 - $35,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
7%-4% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
15 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Squeegee Squad has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 21 hours |
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Classroom Training | 20 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Squeegee Squad landed on this year's Franchise 500 Ranking versus previous years.
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