New franchises in the capital are packed with growth potential
Minster Cleaning Services has four new territories available in London, offering exciting opportunities for anyone looking to take on and build a thriving management franchise.
The territories are London South East, London East, London North and London North West. Areas within these territories include internationally recognised business districts such as the City and Canary Wharf, large regeneration projects including the revamp of Kings Cross and retail hubs such as Brent Cross and Stratford. Each one is brimming with organisations that need a commercial cleaning service.
Not only are these territories magnets for business, they’re home to the kind of organisations that have become regular clients of Minster franchisees across the country. These include universities, schools, medical and dental practices, and government buildings, all of which value the service and expertise Minter’s cleaners provide.
Minster managing director Mike Parker says: “There aren’t many places that can match London in terms of the number of companies and organisations on your doorstep. That’s why the potential is huge in each area, for the right people.”
He adds: “You don’t need any experience in cleaning to take on a franchise. We like to work with people who have a track record of growing a business, but they come from all sorts of backgrounds including finance, manufacturing, advertising and the military
“Our franchisees tend to find they have lots of transferable skills that are invaluable when it comes to running a Minster franchise, from the ability to generate new business to accounting and people management. And with the backing of Minster, the country’s largest commercial cleaning franchise business, you’ll get plenty of support to set up and market your franchise.”
In nearby Surrey, franchise owner Paul Bailey has experienced the benefits of buying into a well-respected brand. “I was looking for an established low-risk business at a reasonable cost. Minster stood out because they have a great reputation, were within my budget and I could see a lot of potential for growth in the Surrey branch,” he says.
The franchise has gone from strength to strength. Bailey has grown revenues from £460,000 when he took over in 2013 to around £1.2million now. Nationwide, half of all franchises generate turnover in excess of £1million each and the top branches each bring in £2million annually. The business as a whole has revenues of £41million.
The strengths of commercial cleaning speak for themselves. It’s an essential business-to-business service with multi-sector appeal, which helps protect franchisees from economic peaks and troughs. And the size of Minster’s territories in London gives enterprising franchisees huge scope for expansion. By securing contracts from just a small fraction of the market in your area, you could quickly have a large and profitable client base.
Training and support is a crucial part of Minster’s success. Franchisees are given ongoing support with operational management, administration, bookkeeping, marketing and IT. Not to mention professional advice in complex areas including employment law, health and safety and environmental legislation.
The initial start-up cost of a new franchise is £28,225 plus vat, £5,000 of which is allocated to a marketing launch package using a highly effective strategy that’s constantly being refined. And if you require finance, Minster will provide business models which you can share with banks.
Get in touch to find out more. Minster Cleaning Services will also be exhibiting at The Franchise Show, in Olympia London, on January 31 and February 1 2020, if you’d like to come along and meet some of the team.