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Molly Maid

2014 Franchise 500
#92
At a Glance

Products & Services: Residential cleaning

Number of Locations: 623

Total Investment: $85.6K - $131.1K

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
2013 442 0 181 0
2012 431 0 185 0
2011 430 0 181 0
2010 420 0 181 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 - $131,100
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,

Franchise Ranking History

Franchise 500®: #92 (2014), #80 (2013), #78 (2012), #123 (2011), #81 (2010),
America's Top Global: #68 (2013), #70 (2012), #104 (2011), #68 (2010),