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Promoted Opportunities

Squeegee Squad

Initial Investment

LOW: $38,000
HIGH: $135,110

Change in Units

+8.2% +4 UNITS (1 Year)
+43.2% +16 UNITS (3 Years)

Company Profile

Founded

1999

Franchising Since

2005 (12 Years)

Corporate Address

7750 Ranchview Ln. N. Maple Grove, MN 55311

CEO

Jack Ruegsegger

About Squeegee Squad

As a stockbroker-in-training, Jack Ruegsegger started out washing windows on the weekend simply as a way to supplement his income. But in 1999, he decided to focus on window-washing full-time. He recruited his brother Joe to help him, and they named the company Jack & Joe's Window Cleaning Inc. Over the years they continued to grow the business, adding snow-plowing, gutter cleaning and pressure washing to their services. Finally, in 2005, they decided to begin franchising, changing the name of the company to Squeegee Squad.

Financials

Financial Requirements

Initial Investment

$38,000 - $135,110

Liquid Cash Requirement

$3,000 - $25,000

Ongoing Fees

Initial Franchise Fee

$24,000

Ongoing Royalty Fee

7-5%

Ad Royalty Fee

to 1%

Financing Options

Squeegee Squad offers in-house financing to cover the following: franchise fee

Squeegee Squad has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training at headquarters: 5 days

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 1st, 2016

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