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Promoted Opportunities

Molly Maid
#245

Initial Investment

LOW: $89,200
HIGH: $137,200

Change in Units

0.0% 0 UNITS (1 Year)
+3.9% +24 UNITS (3 Years)

Company Profile

Founded

1979

Franchising Since

1979 (38 Years)

Corporate Address

3948 Ranchero Dr. Ann Arbor, MI 48108

CEO

Mike Bidwell

Parent Company

Molly Maid LLC

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.

Financials

Financial Requirements

Initial Investment

$89,200 - $137,200

Net-worth Requirement

$250,000

Liquid Cash Requirement

$100,000 - $150,000

Ongoing Fees

Initial Franchise Fee

$14,900

Ongoing Royalty Fee

6.5-3%

Ad Royalty Fee

$250/mo.

Financing Options

Molly Maid has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives


15% off franchise and territory fees

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 5 days

Additional Training: Regional training center

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

Marketing Support
Ad Slicks
Regional Media

Number of employees required to run: 14

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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 18th, 2016

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