Molly Maid

#80

At a Glance

Products & Services: Residential cleaning

Number of Locations: 616

Total Investment: $85.6K - 126.1K

Founded: 1979

Began Franchising: 1979

About Molly Maid

After founding Molly Maid in 1979 in Canada, David McKinnon brought the company to the United States in 1984. The company's network of franchises has grown to include international locations.

From carpets to counters and baseboards to bathrooms, franchisees offer residential cleaning from locally owned locations nationwide.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2012	431	0	185	0
2011	430	0	181	0
2010	420	0	181	0
2009	425	0	271	0

Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, South America, Western Europe.

Startup Costs, Ongoing Fees and Financing

Total Investment: $85,600 - $126,100
Franchise Fee: $14,900
Ongoing Royalty Fee: 6.5-3%
Term of Franchise Agreement: 10 years, renewable

Financial Requirements

Net Worth: $250,000
Liquid Cash Available: $40,000

Operations

26% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 14. Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators).

Financing Type	In-House	Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 2 days. Regional training center : 1 week.

Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing Support: Co-op advertising, Ad slicks, National media,