You can make much more money running your own business than working a normal 9-to-5 job for someone else.
To be very clear, this is not a get rich quick business. You will work long hours and will work very hard to earn everything you get. Any numbers I use are simply for educational purposes and not to be construed as potential income or facts. The income generated by your business is 100% up to you and you only. Heck, you very well might lose money operating a grill cleaning business if you don’t know how to operate a business. The success and failure of your business is all on your ability to run your business. I have my own business to run, I can’t run yours for you.
I went back and forth with myself on this topic. Should I talk about how much one can make cleaning grills when there are so many factors and variables that go into this question?
I personally struggle when someone throws out numbers about income potential. Unless you are doing the exact same thing they are it’s pretty hard to determine what you could possibly make.
Some of the variables off the top of my head are:
Can a grill cleaning business be profitable…YES! But, if you don’t structure it correctly, like any business, it can be a huge expense where you’re working very hard for very little in return.
I will dive further into the topics above in later lessons.
Profitability of your business probably starts with how much you are charging for your service (I’ll go deeper into this subject in another lesson). I make it a practice to peruse the internet every now and then to look at other grill cleaning websites. I’ve always made it a practice to keep an eye on who’s new in the business and who has gone out of business. I’ll also check to see their pricing page. I can quickly see if they are a hobbiest or truly trying to operate a business just on how much they are charging.
I realize price is subjective to the person setting those prices but I see quite a few cleaners who are either charging a ridiculously high amount or a ridiculously low amount for their services.
For those who are getting a high amount for their service (over $300), I applaud you but question how much business are you truly getting? I’ve seen some companies bragging they are charging $400 for a cleaning.
If you are charging say $400 for a grill cleaning but only cleaning one grill a day that is taking you 5hrs to clean than you are making $80/hr. On the surface, that sounds like an awesome hourly rate! How many people can say they make $80/hr?
But, that is not your true rate after you take out COGS (Cost of Goods Sold or Cost of Services Sold) and overhead. These costs are your supplies, labor, insurances, etc. When all is accounted for, you might only be making $40 to $50/hr.
While still a good hourly rate, if you worked for 4 hrs and only cleaned one grill than you only made $200 for the day. Doesn’t sound that great now does it?
For those who are charging a low amount for their service (Under $200), I question how profitable you truly are? I’ve seen some charge as low as $50 per cleaning and am immediately shocked.
Again,
If you are charging say $150 for a grill cleaning but only cleaning one grill a day that is taking you 3hrs to clean than you are making $50/hr. On the surface, that still sounds like an awesome hourly rate! How many people can say they make $50/hr?
But, that is not your true rate after you take out COGS (Cost of Goods Sold or Cost of Services Sold) and overhead. These costs are your supplies, labor, insurances, etc. When all is accounted for, you might only be making $20 to $30/hr. While still a good hourly rate, it seems like you could work for someone and make that amount and have a lot less stress in your life?
If you price your service right and become efficient with your processes and procedures, you can make a decent daily income.
I go thru a job cost analysis in the paid program where I take you thru all the costs associated with the job to know if you will be profitable or not.
