Squeegee SquadFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Squeegee Squad franchise requires a total initial investment of $70K – $226K, including a $50K franchise fee and an ongoing 8.0% royalty[2]. Per the 2025 FDD, average unit revenue was $2.2M[2]. SBA 7(a) loans show a 33.3% charge-off rate across 36 loans[1]. Verdict grade: C. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $70K – $226K
- 17th pct Cleaning & Ma…
- Avg gross sales
- $2.2M
- 50th pct Cleaning & Ma…
- Royalty
- 8.0%
- 39th pct Cleaning & Ma…
- Units
- 71
- 54th pct Cleaning & Ma…
- SBA default
- 33.3%
- system-wide median varies by category
Quick verdict · Cleaning & Maintenance · color = vs category peers
Green = >15% above Cleaning & Maintenance avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 15.2x in gross revenue, well above the typical 1.5-2.5x range.
33.3% of SBA loans charged off across 36 loans, above the 16% franchise average.
Franchised units fell from 70 to 49 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $70K – $226K including a $50K franchise fee, 8.0% ongoing royalty.
- Average unit revenue of $2.2M/year.
- Verdict C (Average) with a risk score of 68/100. SBA loan charge-off rate of 33.3% across 36 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- System growing at 42.9% CAGR over 3 years with 71 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Jack & Joe’s Franchising, Inc.
- Predecessor
- and Affiliates
- Prior franchisor entity
- CEO title
- CEO
- Courtney Lightfoot
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- MN
- HQ
- 8147 Maple Lane N, Maple Grove, MN 55311
- Auditor
- Smith Schafer
- Audited financials
- Franchisor revenue
- $2.3M
- vs $3.4M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Affiliated brands
- is Harry Falk Company
- JJMC
- JJJL
- Squadware
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Squeegee Squad franchisees operate window cleaning and pressure washing services for residential and commercial clients. Day-to-day work involves scheduling service calls, managing a small crew (if scaling), performing cleaning services, and handling customer acquisition and retention in a protected territory. The business is labor-intensive with seasonal demand fluctuations typical of outdoor service industries.
- CEO
- Courtney Lightfoot
- Headquarters
- MN
- Founded
- 2005
- FDD year
- 2025
- States available
- 27
FDD Item 7 · 2025 filing · 16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $50K | $120K | |
| Initial Training Fee | $5K | $5K | |
| Grand Opening Advertising | $6K | $25K | |
| Wages, Travel and Living Expenses During Training | $500 | $4K | |
| Vehicle Purchase Down Payment | $0 | $10K | |
| Initial Software License Fee | $1K | $1K | |
| Vehicle Equipment | $0 | $2K | |
| Vehicle Signage | $800 | $4K | |
| Computer Equipment | $0 | $3K | |
| Insurance | $1K | $7K | |
| Initial Window Cleaning Equipment and Inventory | $1K | $15K | |
| Professional Services | $500 | $2K | |
| Office Equipment & Supplies | $500 | $2K | |
| Uniforms | $200 | $800 | |
| Licenses & Permits | $25 | $250 | |
| Additional Funds | $3K | $35K | |
| Total initial investment | $70K | $236K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$224K
10.0% margin
Unlevered ROIC
135%
EBITDA / total invested capital
Payback
9 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $70K – $226K
- Better than avg vs category
- Liquid capital req'd
- $3K – $35K
- Better than avg vs category
- Franchise fee
- $50K – $120K
- Near category avg vs category
- Royalty
- 8.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 8.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $2K |
| Training fee | $5K |
| Transfer fee | $17K |
| Renewal fee | $2K |
| Inventory (initial) | $1K – $10K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $2.2M
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- gross_sales
- Sample size
- 61 units
- vs category median 31
- Range (low → high)
- $5K→$4.5M
- Cohort dispersion (min → max)
- Quartile band
- $104K→$692K
- Bottom 25% → top 25%
- Transparency tier
- limited
- Categorical assessment of disclosure depth
- Transparency
- 0 / 5
- vs category median 4 / 5 · below
Compared against 204 Cleaning & Maintenance brands
Revenue is 15.2x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
vs Cleaning & Maintenance averages
How Squeegee Squad Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 71
- Opened
- 14
- Last reporting year
- Closed
- 3
- Terminated
- 3
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 4.2%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 99%
- vs corporate-owned
- Net growth (yr3)
- +18.6%
- Net unit change last year
- 3-yr CAGR
- +42.9%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 14
- Closed (3yr)
- 1
- Terminated (3yr)
- 3
- Transfers (3yr)
- 1
- Transfer rate
- 1.4%
- Owners selling to other franchisees
- Termination rate
- 4.2%
- Franchisor-initiated terminations
- Ceased ops
- 4.2%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 29 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 36
- Loan volume
- $5.5M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 33.3%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 66.7%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 9
- Defaults
- 2
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Squeegee Squad's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 9 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 9-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
A 33.3% charge-off rate means roughly 1 in 3 franchisees failed to repay their SBA loan. Investigate what changed.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Squeegee Squad presents moderate-to-cautionary risk due to complete lack of financial disclosure, modest unit growth, and high capital requirements relative to system size, requiring extensive validation with existing franchisees before commitment.
Litigation (Item 3)
No pending or concluded litigation actions disclosed. No litigation against franchisees in prior fiscal year.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Smith Schafer
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 68 / 100 rating
- 01MEDNo Item 19 financial performance data disclosed — impossible to validate ROI claims or benchmark against system averages
- 02MINORHigh initial investment ($69.5K–$225.5K) with no transparency on revenue/profit potential creates uncertainty on payback period
- 03MINORRoyalty structure (8% down to 4%) suggests variable profitability tiers — need clarity on revenue thresholds and whether operators realistically hit lower rates
- 04MEDOnly 71 units with 18.6% YoY growth is modest for a 15-year-old system — suggests limited brand awareness or market saturation concerns
- 05MINORFranchise fee ($50K) represents 72% of minimum investment — high upfront capital allocation with unproven unit economics
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 15 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Population-based geographic area |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Minnesota |
| Litigation count | 0 |
View Item 3 litigation summary
No pending or concluded litigation actions disclosed. No litigation against franchisees in prior fiscal year.
Items 10, 11
Training & Operations
- Classroom training
- 20 hrs
- On-the-job training
- 21 hrs
- Training location
- Your location or another location we designate, which may be in Minnesota
- Field support
- 21 hrs/yr
- On-site visits per year
- Site selection
- franchisee
- Franchisor financing
- Offered
- Item 10
- POS system
- Squadware
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Squadware
Item 20 · call current owners
Franchisee Contacts
76 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Squeegee Squad · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Squeegee Squad franchise?
The total investment to open a Squeegee Squad franchise ranges from $70K – $226K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Squeegee Squad franchise owners earn?
According to Item 19 of the Squeegee Squad FDD, the average gross sales per unit is $2.2M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Squeegee Squad's franchise failure rate?
Based on SBA 7(a) loan data, Squeegee Squad has a charge-off rate of 33.3% across 36 loans, meaning 33.3% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Squeegee Squad franchise locations are there?
As of their most recent FDD filing, Squeegee Squad has 71 total units in the United States, including 70 franchised units and 1 company-owned units. 14 new units were opened in the latest reporting year.
Is Squeegee Squad a good franchise to buy?
FranchiseVerdict rates Squeegee Squad as a C-grade franchise with a risk score of 68 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.