TIDY SHINES
Initial fee: | $14,900 |
Royalty fee: | 6.5-3% |
Total investment: | $85,600 - $126,100 |
Term of agreement: | 10 years, renewable |
Branch: | Residential cleaning |
Molly Maid provides residential cleaning services.
The demand for residential cleaning is steadily growing. It is expected to increase with seven percent annually. The increasing number of seniors and women who return to work contribute to the need of housekeeping services. Residential cleaning is an industry with repeat customers. This ensures owners steady and predictable revenue. Moreover, the investment is relatively low since entrepreneurs do not need to think about spacious offices, heavy inventory or costly equipment.
Molly Maid is a company with 25 years of experience. It was founded in Canada in 1997. A few years later, in 1984, the company started franchising in the USA and became one of the leading franchises in the industry. There are 616 Molly Maid offices in Canada, the UK, Portugal and Japan. More than 400 of them are located in the USA. Nearly 17 million customers are served in 40 states.
With 25 years of experience in the cleaning business, Molly Maid has to offer more than cleaning services. The company has designed a comprehensive support program for new owners and an effective business model with customer retention rate of 97%.
Candidates are not required to have a housekeeping background. They manage a cleaning business and do not participate in the cleaning themselves. Candidates can develop a new franchise or buy an existing one. If they choose the latter, they benefit from a customer network that is already established.
Professional franchise coaches support new owners at each step, from purchasing, to opening, to operating a franchise.
With a working business model, a recognizable brand and solid support, Molly Maid is a great opportunity for entrepreneurs. Over 25% of all franchisees own more than one office. The average Molly Maid owner earns $150,000 gross sales after the first 18 months of operation.
Molly Maid is a company that provides residential cleaning services. As the industry is growing and fragmenting, private business owners find it harder to succeed by themselves. Molly Maid offers a working business model, long experience and a recognized brand name complemented by comprehensive support.