The Maids Franchise Cost, Fees & Revenue 2024

The Maids Franchise

The Maids is a leading cleaning service provider offering various cleaning packages to homeowners. Known as one of the 10 best janitorial franchises, this opportunity requires an investment of less than $100,000.

If you’re considering broadening your investment with a profitable franchise, The Maids could be the right choice for you.

In this article, we’ll explore key aspects of The Maids franchise, including profitability, costs, fees, and more. Let’s dive in!

About The Maids

The Maids was founded in 1979 with the goal of delivering cleaning services to residential buildings.

For the past five decades, it has stood as a quality leader among many cleaning services companies, boasting over 1,585 outlets across North America.

The Maids welcomes entrepreneurs looking to manage a cleaning services business and doesn’t require prior experience. Training, support, financing options, and a veterans’ discount on territory fees for eligible candidates are available for new franchisees.

The Maids Franchise Model

Cost Or feesAmount
Initial Investment$64,100 – $154,300
Area RequirementN/A
Total Outlets1585

Training & Support

The maids Training & Support

The Maids offers an extensive training program for all new franchisees.

This training includes 4-6 weeks of pre-training, 6 days of classroom training, 5-7 weeks of SMART Start training, and 4 days of on-site guidance. It takes place in Omaha, Nebraska, and covers multiple important phases. Franchisees must attend all phases of the training for the franchisor’s satisfaction.

In addition to this, the franchisors provide extra training for the franchisee’s manager during the agreement term. They also give various types of marketing and ongoing support to help grow the business.

The Maids Franchise Revenue & Profit

The Maids Franchise Revenue & Profit

The revenue and profit of The Maids franchise can differ based on several factors like location, operational cost, and the number of employees.

Sources indicate that a franchise owner of The Maids earns an estimated revenue of $983,693. However, the company has not provided specific details about the profit of The Maids franchise.

But if we assume a profit margin of 15% as per the industry standard, then we can say that The Maids franchise owner makes $147,553 in net profits annually on average.

Financial OverviewPercentage of RevenueAmount ($)
Individual Franchise Annual Revenue100%983693.00
Franchise Royalty Fees5.31%(52258.69)
Cost of Goods Sold (COGS)26.56%(261293.45)
Labor (Variable)13.81%(135872.60)
Total (Expenses)85.00%(836139.05)
Net Profit15.00%147553.95

Note: The displayed expenses are estimates based on industry averages and standard costs. Actual expenses may vary due to factors like location, business size, and market conditions. We recommend conducting detailed research or consulting with a financial advisor for a tailored financial analysis.

The Maids Franchise Payback Period

With an investment of $154,300 and a yearly profit of $147,553, the payback period of The Maids franchise can be calculated as follows:

Payback Period = Investment / Yearly Profit = $154,300/ $147,553 = 1.04 years

Based on these figures, it will take approximately 1-2 years to recoup the initial investment for The Maids franchise. This time period could be longer or shorter depending on your sales, revenue, and profit figures

Failure Rate Of The Maids

Franchised Outlets:

YearOutlets at the Start of the YearOutlets at the End of the YearNet Change

For the Franchised outlets:

  • In 2019, the growth rate was (44)/1,255×100≈3.50%
  • In 2020, the growth rate was (65)/1,299×100≈5.00%
  • In 2021, the growth rate was (59)/1,364×100≈4.32%

Company-Owned Outlets:

YearOutlets at the Start of the YearOutlets at the End of the YearNet Change

For the Company-Owned outlets:

  • In 2019, the growth rate was (32)/142×100≈22.53%
  • In 2020, the failure rate was (0)/174×100≈0.00%
  • In 2021, the failure rate was (14)/174×100≈8.04%

Total Outlets:

YearOutlets at the Start of the YearOutlets at the End of the YearNet Change

For Total outlets:

  • In 2019, the growth rate was (76)/1,397×100≈5.44%
  • In 2020, the growth rate was (65)/1,473×100≈4.41%
  • In 2021, the growth rate was (45)/1,538×100≈2.92%

According to the above-mentioned data, there is no failure rate for franchised outlets as the outlets at the end of the year increased during the span of 3 years.

We can see that the franchised outlets for The Maids grew from 2019 to 2021, showing a growth rate between 3.50% and 4.32%.

On the other hand, for company-owned outlets, the growth rate of The Maids for the year 2019 was 22.53%. After 2019, the company experienced decline in the number of outlets, showing a failure rate between 0.00% and 8.04%.

Overall, when we combine the data of franchise and company-owned outlets, we can see that the The Maids franchise has expanded in the years 2019-2021, showing a total growth rate between 5.44% and 2.92%.

Term of Agreement & Renewal

The standard length of the Maids franchise agreement is ten years.

Once this term ends, a renewal option is available for another ten years, following the current standard franchise agreement. The renewal process will proceed only if the franchisees meet all the conditions set by the franchisors.

Why Should You Join The Maids Franchise?

The Maids franchise stands out as one of the top franchise opportunities to invest in. Here’s why you might consider joining The Maids franchise:

  • The Maids is ranked among the 10 most profitable franchises in the U.S.
  • It has been placed among the top 100 fastest-growing franchises by Entrepreneur magazine.
  • According to Franchise Business Review, it’s ranked as the #1 residential cleaning franchise.
  • The Maids is the only residential cleaning company included in the “25 Franchise High Performers” by the Wall Street Journal.

These recognitions highlight the potential success and growth of The Maids franchise, making it an attractive investment opportunity.

The cleaning franchise market offers several opportunities for entrepreneurs, such as franchises from Chem-dry, Servpro, Voda Cleaning And Restoration, PuroClean, and Buildingstars.

The Maids Franchise Comparison

CompanyThe MaidsChem-Dry
Founded In19791977
Initial Investment$64,100 – $154,300$69,145 – $204,714
Total Outlets15853489
Annual Revenue$61.8 million$25 million

Frequently Asked Question

How many Maids franchises are there?

The Maids has more than 1585 units across the U.S.

Does The Maids franchise offer to finance?

Yes, the Maids franchisee offers third-party finance.

Where is The Maids headquartered?

The headquarters of The Maids is in Omaha, Nebraska.

Does The Maid offer franchising?

Yes, The Maid offers remunerative franchise opportunities to entrepreneurs.

How much does The Maid franchise cost?

An initial investment required to open a The Maid franchise is $64,100 – $154,300, with a franchise fee of $12,500

Who founded The Maids?

Daniel .J. Bishop founded the Maids in his hometown, Omaha, Nebraska.

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