Can Cleaning Business Make You Rich? (Yes, Here’s How)

Unlimited income potential is one of the many reasons why someone is interested to start a cleaning business. But how much money can you actually make and can a cleaning business make you rich?

A cleaning business can definitely make you rich. In fact, the top earning cleaning business owners can make close to $9,200 monthly ($110,000 annually). There are now several cleaning businesses in America earning a million dollars or more per year, which shows you it’s possible.

In this post, I crunched the numbers to show you how a cleaning business can make you rich. By the end of this post, you will get a better idea of how much money you can make by starting a cleaning business.

Defining “becoming rich from a cleaning business”

Using a quick Google search, “being rich” means having a great deal of money or assets. In other words, being rich means being wealthy. Since I’m no financial expert, I will use information from other credible sources.

According to this Schwab's Modern Wealth Survey:

• The average net worth to become rich or wealthy is $1.9 million
• The average net worth needed for financial happiness is $1.1 million
• The average net worth to be financially comfortable is $624,000

For simplicity’s sake, let’s say becoming a millionaire is the goal. According to ZipRecruiter, the average annual pay for a millionaire in the United States is $77,916 a year. Let’s round it up to $78,000 per year. This works out to be $37.46 an hour, which is the equivalent of $1,498 per week or $6,493 per month.

Taking advice from Forbes, you will need to save and invest $940 per month to become a millionaire in 30 years. If you want to stretch it to 40 years, you will only need to save and invest $465 per month.

Now that we’ve established the definition of being rich, let’s find out if a cleaning business can make you rich or not. Remember, the goal to become rich from a cleaning business is to make roughly $6,500 per month. 

How much do cleaning business owners actually make?

(in a month and year)

A cleaning business owner annual salary can be as high as $137,500 and as low as $16,500. According to ZipRecruiter, the average annual pay for a cleaning business owner in America is roughly $56,000 a year.

However, the majority of a cleaning business owner salaries currently range between $26,000 to $69,500, with the top earning cleaning business owners making $110,000 annually across the United States.

The average monthly pay for a cleaning business owner in the United States is roughly $4,666 per month. However, the majority of a cleaning business owner salaries currently range between $2,166 to $5,791 per month, with the top earners making $9,166 monthly across the United States.

Key #1: Maximize profit by minimizing expenses

That said, in order to become rich by starting and growing a cleaning business, the most important thing is to maximize your profit and minimize expenses. There is always a demand for cleaning services, and with some creative free marketing, you can always land a lot of clients for your cleaning business.

However, you need to be able to reduce the cost of your cleaning business. While labor will likely be your single largest expense, there are other costs as your cleaning business gets bigger. This include fuel, cars, marketing, insurance, and of course, the cleaning products.

Here are three ways to minimize the expenses of a cleaning business:

• Reduce cleaning supply costs - You need to know and evaluate exactly what you are buying. Some items are bought, but are not being used. Additionally, you may be buying more than one cleaning solution that is used for the same purpose.
• Buy in bulk - Choose cleaning solutions in large quantities such as 5-gallon containers. You can also source them in cases. While this costs more initially, it will save you a lot of money long-term.
• Always measure and monitor -  One simple way to do this is to install an auto-dilution system and require all staff to use it each day. It is important to have a good idea of how much cleaning solution, for example, is being used each week and how much is being purchased each month.

The tips above are just the tip of the iceberg when it comes to maximize profit and minimize expenses. If you are serious about becoming rich through a cleaning business, I recommend the House Cleaning University course. Inside, you will learn the best cleaning products to use and where to find them at a discount. 

Key #2: Don’t be a one-man-show

In order to become rich through a cleaning business, you can’t do it alone. There is only so much you can do alone. Once you have established your first few clients, you need to expand your team and hire more people.

Equally important that hiring more people is to structure your cleaning business organization and to shape it into a well-oiled machine. Once you have a team in place, you can also start to charge a recurring fee.

In fact, as the owner of a cleaning business, you can become a millionaire in just one year by getting 500 clients to pay you $167 per month for cleaning services for 12 months.

If you feel 500 clients is not attainable, you can break it down even more. Get 300 clients to pay you $278 per months for 12 months. For this pricing models, you will need to land commercial clients like businesses, hospitals, apartments building, or landlords with multiple properties.

The key is to build a team and get more clients.

Using a proven blueprint like this one will teach you how to expand and hire the right employees. You will also learn how to subcontract additional home services and make even more money. Learning from someone who has been in the trenches gives you the best chance of becoming rich through a cleaning business.

A cleaning business can make you rich if you do it right

So, can a cleaning business make you rich? Absolutely. However, in order to become rich by starting a cleaning business requires the right technique to maximize profit and minimize expenses. You also need to expand your team in order to land more clients and get more revenue.