Ask most people if they would like to have a cleaning service handle the scrubbing, dusting, and vacuuming around their homes, and the odds are strong that you will get an enthusiastic “Yes!” People’s interest in hiring someone to handle their housework is a big reason why the residential cleaning business is doing so well. IBISWorld reports that the U.S. market size for residential cleaning service franchises will hit $899.9 million in 2021.
The growth potential in this industry is on an upward trajectory, with an anticipated 10% increase in business by 2026. Currently, about 1.7 million people are employed by the industry. Still, unlike some businesses, turnover is very low—only about 2%—with an anticipated 6.6% job rate growth every year for the next five years. What all these numbers translate to is a great franchise opportunity.
What’s more, the number of households interested in a residential cleaning service is expanding. Residential cleaning services are no longer viewed as a luxury by many Americans but as a necessity. You can capitalize on this and realize your dreams of owning your own business when you invest in a Molly Maid franchise.