6/10

Franchimp Summary Rating

4 /10
Higher than 64% of peers

Franchise Summary

Description
The franchise owner will provide residential homeowners a premium home cleaning experience utilizing the MOLLY MAID business system, which is sometimes referred to below as the "Franchise", or "Franchised Business", or "MOLLY MAID Franchise".
Company Background
Molly Maid is the leading provider of home cleaning services in North America, with more than 1.2 million customers served annually. Founded in 1957, Molly Maid has grown into one of the most recognized brands in the industry and boasts an A+ rating on BBB.com for its exceptional customer service practices and outstanding record in meeting customer needs.
Franchise Opportunity
Home cleaning can be a huge hassle. Sweeping, vacuuming, mopping and scrubbing the grout in your bathroom just doesn't sound like fun to most people. But what if you could enjoy a clean home without all of the work? Molly Maid offers premium home cleaning services with no contracts or hidden fees. We come to your home once or twice per month and take care of everything for you! From dusting baseboards to polishing silverware we make sure that your house is spotless every time we visit. Our maids are trained professionals who will treat your home as they would their own while delivering top notch service at an affordable price. And our mobile app makes scheduling easy from anywhere on any device!
Corporate Structure
Molly Maid, Inc. is a Michigan Corporation formed May 8, 1984 for the sole purpose of franchising the MOLLY MAID system in the United States. Our principal place of business is 3948 Ranchero Drive, Ann Arbor, MI 48108.
Investment and Franchisee Fees
The total investment necessary to begin operation of a MOLLY MAID franchise is from $85,600-$131,100.
Royalties and Marketing Fees

Royalties : 3.0% - 6.5% of revenue

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Services-General Industry

$665,367 / unit

Franchise Type: Standard

Average Revenue During 2020

$665,367
$96,614
Industry Low
$5,825,720
Industry High

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Molly Maid Franchisees

Molly Maid Franchise System Development in 2021

FAQ

How much investment do I need to start my own Molly Maid business?
Franchisees typically require at least $127,200 to $184,450 investment to get their Molly Maid business started
What are the initial franchise fees for Molly Maid?
Franchisees typically need to pay at least $59,900 in fees directly to Molly Maid in order to earn the right to launch their business
How much money can I make with a Molly Maid franchise? What are the average revenues for a typical Molly Maid business?
We estimate that the average revenue of an individual Molly Maid unit is approximately $665,367. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Molly Maid unit? What is my contractual commitment?
Molly Maid franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $258,100 to $480,500 which is Much Higher than the $0 to $0 average in the Services-General industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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