Top 250 Franchise by Entrepreneur – Rank no.46 – The Maids – US
Products & Services: Residential cleaning
Number of Locations: 1,118
Total Investment: $95.63K – 123.38K
Began Franchising: 1981
About The Maids
After founding Bishop Building Services, a janitorial company, Daniel J. Bishop brought his cleaning business experience to the residential arena with The Maids in 1979. Four-person cleaning teams arrive at clients’ homes in the company’s distinctive yellow cars to dust, vacuum and clean kitchens and bathrooms using the company’s 22-Step Healthy Touch Deep Cleaning System.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $10,000
Ongoing Royalty Fee: 6.9-3.9%
Term of Franchise Agreement: 20 years, renewable
Net Worth: $250,000
Liquid Cash Available: $60,000
68% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 20. Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|