Squeegee Squad Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Squeegee Squad is a window cleaning and pressure washing franchise serving homes and businesses. Franchisees run route-based crews, handling scheduling, service delivery, and customer acquisition within a protected territory.
FranchiseVerdict summary · 2026
A Squeegee Squad franchise requires a total initial investment of $70K – $226K, including a $50K – $120K franchise fee and an ongoing 8.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $70K – $226K
- 17th pct Cleaning & Ma…
- Avg gross sales
- N/A
- Incl. company outlets
- Royalty
- 8.0%
- 42nd pct Cleaning & Ma…
- Units
- 71
- 54th pct Cleaning & Ma…
- SBA charge-off
- N/A
Quick verdict · Cleaning & Maintenance · color = vs category peers
Green = favorable by >10% vs Cleaning & Maintenance avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $70K – $226K including a $50K franchise fee, 8.0% ongoing royalty.
- RETURNSItem 19 Section A lists individual 2024 annual Gross Revenues per Qualifying Business (60 franchised + 1 affiliate = 61 rows); no mean, average, or median is disclosed, so avg/median are null. Range shown is for the 60 franchised Qualifying Businesses (low $5,431.03 to high $1,973,683.06). The single affiliate-owned business ($4,476,432.07) is excluded as a distinct operating model. Section B only reports a 24.9% systemwide Gross Revenue change 2023->2024, not a per-unit figure.
- RISKVerdict B (Above average), verdict score 58/100 (higher is better).
- GROWTHSystem growing at 42.9% CAGR over 3 years with 71 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Jack & Joe's Franchising, Inc.
- Parent company
- Jack & Joe's Management Company, 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 & Associates, Ltd.
- Audited financials
- Franchisor revenue
- $3.3M
- 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
- CEO
- Courtney Lightfoot
- Headquarters
- MN
- Founded
- 2005
- FDD year
- 2025
- States available
- 27
Can you afford it, and what does the money buy?
Entry cost runs 53% below the typical cleaning & maintenance franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown16 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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $70K – $226K
- Top 40% of category vs category
- Liquid capital req'd
- $3K – $35K
- Top 40% of category vs category
- Franchise fee
- $50K – $120K
- Middle of category vs category
- Royalty
- 8.0%
- tiered · 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 | $150 |
| Training fee | $5K |
| Transfer fee | $12K |
| Renewal fee | $2K |
| Inventory (initial) | $1K – $15K |
| Total fee load | 9.0% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Squeegee Squad did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Squeegee Squad unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
45%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Item 19 Section A lists individual 2024 annual Gross Revenues per Qualifying Business (60 franchised + 1 affiliate = 61 rows); no mean, average, or median is disclosed, so avg/median are null. Range shown is for the 60 franchised Qualifying Businesses (low $5,431.03 to high $1,973,683.06). The single affiliate-owned business ($4,476,432.07) is excluded as a distinct operating model. Section B only reports a 24.9% systemwide Gross Revenue change 2023->2024, not a per-unit figure.
Includes company-owned outlets
- Item 19 type
- individual outlet gross revenue list (no average/median disclosed)
- Sample size
- 60
- vs category median 32
- Range (low → high)
- $5K→$2.0M
- Cohort dispersion (min → max)
- Transparency tier
- limited
- Categorical assessment of disclosure depth
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 0 / 10
- vs category median 4 / 10 · below
Compared against 192 Cleaning & Maintenance brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 9.0% (near the Cleaning & Maintenance average).
Disclosure
Item 19 reports individual outlet gross revenue list (no average/median disclosed) rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System expanding at 42.9% CAGR over 3 years across 71 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Cleaning & Maintenance averages
How Squeegee Squad Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 71
- Opened
- 14
- Last reporting year
- Closed
- 0
- Terminated
- 3
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 4.3%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 99%
- vs corporate-owned
- Net growth (3-yr)
- +42.9%
- Net unit change over 3 years
- 3-yr CAGR
- +42.9%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 14
- Closed (3yr)
- 0
- Terminated (3yr)
- 3
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 1
- Reacquired (3yr)
- 0
- Franchisor bought back
- 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 · 27 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).
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
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
- N/A
- no resolved loans yet — rate needs a terminal outcome
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 9
- Defaults
- 2
- Typical loan rate
- 10.0%
- avg rate to borrowers
- Franchised industry avg
- 15.4%
- n=1,491 loans
- Jobs supported
- 162
- 3.2 per loan
- Lender concentration
- 63%
- top lender's share
Borrower mix: 93% went to startups / new businesses, 7% to established operators
Franchise vs independent — in janitorial services, franchised businesses charge off at 15.4% vs 22.8% for independents — franchising is associated with 32% lower SBA default risk in this category.
Top lenders financing Squeegee Squad franchisees
Showing 3 of 9 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
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.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
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)
None disclosed - no pending, concluded, or franchisee litigation in Item 3.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Smith Schafer & Associates, Ltd.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 58 / 100 verdict
- 01MINORHigh initial investment ($69.5K–$225.5K) with no transparency on revenue/profit potential creates uncertainty on payback period
- 02MINORRoyalty structure (8% down to 4%) suggests variable profitability tiers — need clarity on revenue thresholds and whether operators realistically hit lower rates
- 03MEDOnly 71 units with 18.6% YoY growth is modest for a 15-year-old system — suggests limited brand awareness or market saturation concerns
- 04MINORFranchise 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
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 15 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory population | 300,000 |
| Online sales rights | Restricted |
| Franchisor can compete | No |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 5 |
| Mandatory arbitration | Yes |
| Arbitration location | Minneapolis, Minnesota |
| Jury trial waiver | Yes |
| Governing law | franchisee's state (where business located) |
| Litigation count | 0 |
View Item 3 litigation summary
None disclosed - no pending, concluded, or franchisee litigation in Item 3.
Items 10, 11
Training & Operations
- Classroom training
- 20 hrs
- On-the-job training
- 21 hrs
- Training location
- Franchisee's location or another location designated by franchisor, which may be in Minnesota
- Ongoing training
- Required
- Field support
- 21 hrs/yr
- On-site visits per year
- Time to open
- 4 mo
- From signing to launch
- Site selection
- franchisee
- Franchisor financing
- Not offered
- Item 10
- POS system
- Squadware
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Squadware
Item 20 · call current owners
Franchisee Contacts
72 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?
Squeegee Squad does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Squeegee Squad FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Squeegee Squad FDD and qualifies whose outlets they describe.
What is Squeegee Squad's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Squeegee Squad (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
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 B-grade franchise with a verdict score of 58 out of 100 (higher is better), 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.
For franchisors
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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.