Whether you’re an experienced entrepreneur or are new to the world of franchise ownership, opening a Molly Maid franchise may be the perfect opportunity for you. Molly Maid is a residential cleaning business that features low barriers-to-entry; notably there is limited equipment required, and no storefront is necessary to operate a business. The leaders of the parent company strive to make franchise ownership a simple process that is open to anyone with the drive to succeed.
Molly Maid was founded in Ontario, Canada in 1979, and its first franchise in the U.S. was opened just five years later. Around the time the company was conceived, more and more North American families were living in households where both partners worked than ever before. This trend would, of course, continue, as women began to take a more active role in the workplace throughout the 1980s and 1990s.
Providing a housekeeping service for busy, working families is, in essence, giving them the gift of time to spend with their loved ones. The founders of Molly Maid thought that even people who could not afford to hire full-time staff deserved this same gift, and they created an affordable, dependable model for franchised house cleaning service that would go on to be an international phenomenon.
The total investment for opening a Molly Maid franchise typically ranges between $89,200 and $137,200. Potential franchisees are expected to have a minimum net worth of $250,000 with liquid assets of at least $100,000. The total amount of the investment will vary depending upon specifics of the territory and the market, whether you have existing business to bring to the fold, and more.
Typical Start-up Costs and Franchise Fees
The Molly Maid parent company assesses an initial franchise fee of $14,900. This relatively low franchise fee and reasonable total investment range make Molly Maid an affordable franchise to own. Potential franchisees are not required to have any pre-existing equipment or inventory, and no previous experience in either franchise ownership or the housecleaning business is necessary. Molly Maid executives are looking for potential franchise owners who are customer service-oriented, and are driven to lead their team members.
Financing options are available to help potential franchise owners offset certain startup costs, including the initial franchise fee. Through the VetFran program, qualified veterans are also eligible to receive 15% off the initial franchise fee. If you have previous military service, be sure to ask your Molly Maid Franchise Developer to see if you meet the criteria for the program.
Facts and Figures
Molly Maid is one of the most successful residential cleaning franchises in the world, and the parent company is always interested in hearing from potential franchise owners who are interested in growing a business and serving their customers with distinction. Some of the reasons why you should consider opening a Molly Maid franchise include:
- Molly Maid was ranked in Entrepreneur’s 500 list for 2016
- There are over 600 Molly Maid franchises across the globe, including over 450 in the U.S.
- The size of the residential cleaning business has been estimated at $46 billion
- Molly Maid has averaged 5.5% growth during the last five years
If you’re considering a franchise investment or just have questions, feel free to contact one of our franchise specialists to learn more about the process and all the different franchise opportunities by completing our request form or calling 1-877-650-5551.