#48

Initial Investment

LOW: $60,450
HIGH: $185,850

Change in Units

+0.7% +11 UNITS (1 Year)
+0.7% +11 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1979

Franchising Since

1980 (36 Years)

Corporate Address

3839 Forest Hill Irene Rd. Memphis, TN 38125

CEO

Marty Wick

Parent Company

The ServiceMaster Company LLC

Ticker Symbol

About Merry Maids

Dallen W. Peterson founded Merry Maids in 1979 in Omaha, Nebraska. The company cleans more than 300,000 homes, apartments and condominiums each month in North America. It has franchises in Denmark, Hong Kong, Japan and the United Kingdom. In 1988 Merry Maids joined the ServiceMaster Quality Service Network, which includes franchise companies AmeriSpec, Terminix and Furniture Medic. Merry Maids is based in Memphis, Tennessee.

Financials

Financial Requirements

Initial Investment

$60,450 - $185,850

Net-worth Requirement

$60,000 - $70,000

Liquid Cash Requirement

$30,000

Ongoing Fees

Initial Franchise Fee

$36,500 - $50,500

Ongoing Royalty Fee

5-7%

Ad Royalty Fee

1.3%

Financing Options

Merry Maids offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory

Veteran Incentives


15% off franchise fee

Franchise 500® Rank History

Highest Rank: 38

Lowest Rank: 66

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: As needed

Training at headquarters: 8 days

Additional Training: Additional training in Memphis, Tennessee and regional locations

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Security
Field Operations

Marketing Support
Regional Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 21st, 2015

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