Do you want to open a business with a cleaning background? Merry Maids Franchise is one of the best options you can consider for this.
In this article, we are going to discuss Merry Maids Franchise and other factors like its profit, expenses, cost, fees, and so on.
We will also guide you on how to become a part of Merry Maids and earn a profit. So, let’s get started.
About Merry Maids
In 1979, Merry Maids was founded by Dallen Peterson. It is the subsidiary of ServiceClean Master Global Holding, Inc.
Merry Maids is a leading company in providing residential cleaning services and has a comprehensive market of 1685 plus franchise stores, and the number is increasing incredibly.
Merry Maids offer a residential cleaning franchise opportunity to those entrepreneurs who have experience in operation, finance, marketing, or a similar role.
Moreover, Merry Maids is a high-cost investment franchise, and it doesn’t offer direct or indirect financing options.
However, they allow the franchises to take third-party financing and also offer veterans discounts to eligible candidates.
Moreover, they also provide a training program and different types of support that help the franchisees to enhance the growth of their business.
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Merry Maids Franchise Model
|Initial Investment||$94,480 – $144,425|
Merry Maids provides a training program to all new franchisees. The training program of Merry Maids is a bit different from others.
First, they provide the pre-initial training program, which is compulsory for franchisees to attend from their location. The instructions and details of the pre-initial training program is not available.
After that, Merry Maids provides the initial training program, which consists of 64-hour classroom training and 10 hours of on-job training.
The training program will be held at the headquarter of Merry Maids in Memphis, Tennessee, or some other location that the franchisor may designate.
During the first 12 weeks of business operation, the franchisor will offer business coaching consisting of telephone calls.
Subsequently, they also hold a three-day national seminar at a designated location annually, which includes 15 hours of a training sessions for franchisees and their managers, and also they hold a regional meeting with one or more team members annually, which includes at least 6 hours of training.
Term Of Agreement & Renewal
The initial term of the Merry Maids franchise is five years. After the competition of the initial term, another consecutive five-year term is available for renewal only if the franchise has fulfilled the requirement directed by the franchisors.
Moreover, if the franchise business is good in standing and generates a decent amount of revenue, then the renewal of the term is possible.
Merry Maids and its affiliates never provide direct or indirect financing options for the establishment of the franchise business.
Subsequently, the franchisor does not guarantee any franchisees a promissory note, lease, or any other obligations.
But, the franchisor has good relations with some banks and a third-party lender, through which they may be able to allow the source of financing.
Merry Maids Comparison
|Initial Investment||$94,480 – $144,425||$72,765-$192,615|
|Annual Revenue||$7 Million||$38 Million|
Frequently Asked Question
How many Merry Maids franchises are there?
Merry Maids has more than 1,685 units across the U.S.
How much does it cost to own the Merry Maids Franchise?
An initial investment required to open a Merry Maids Franchise is $94,480 – $144,425.
Does the Merry Maids franchise offer finance?
Yes, Merry Maids franchisee offers third-party finance.
Where is Merry Maids headquarters?
Amit Gupta is the founder of DrFranchises. He has a keen interest in investments, and has thus far invested in a few franchises. Franchise businesses are his forte- he knows all there is to know about their space requirements, fees, ROI potential, and business models. This makes him an ideal candidate for anyone looking to invest in a franchise