Legal and Accounting
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As Incurred
Two Maids
1. Franchise Snapshot
Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Residential Cleaning
Investment Range
$93,440 - $149,890
Total US Locations
144
Franchise Units
144
Founding Year
2013
Started Offering Franchises
2013
Management Capacity
Job Count
10
Prior E2 Investors?
Yes
Prior Visa Franchise Clients?
Yes
Royalty Fee
5.50%
Marketing Fee
2%
Franchise Fee
$19,950
Headquarters (City, State)
Birmingham, AL
Square Footage
NA
Retail Location?
No
Agreement Term Length
10 years
Video
In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.
*Information presented in these videos may change over time and may not reflect the most current franchise offering. Prospective franchisees should review the latest Franchise Disclosure Document (FDD) and consult directly with the franchisor for updated information.
2. Franchise Overview
Overview
Management team / founders
Focus of owner for daily business operations
3. Performance & Metrics
Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
5.50%
6%
6%
Marketing Fee
2%
Franchise Fee
$19,950
$49,500
$40,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$19,950
$19,950
When you sign the franchise agreement.
Initial Territory Fee
$40,000
$40,000
When you sign the franchise agreement.
Lease, Utility and Security Deposit
$2,500
$7,500
As Incurred
Leasehold Improvement Decorating Cost
$4,000
$10,000
As Incurred
Fixtures, Furnishings and Equipment, Computer System, Software, Fax, Printer, Phones
$2,500
$9,800
As Arranged
Uniforms
$750
$750
As Incurred
Telephone/Communication System
$140
$140
As Incurred
Opening Inventory
$1,000
$2,000
Prior to Opening
Business Licenses
$100
$500
Prior to Opening
Insurance
$2,500
$4,000
As Incurred
Legal and Accounting
$0
$2,500
As Incurred
Initial Training Expenses
$250
$1500
As Incurred
Signage –Interior/Exterior signs
$9,000
$9,000
Upon Signing Lease
Local Advertising Start-Up Program Fee
$10,000
$40,000
As Incurred
Additional Funds –3 Months
$0
$10,000
As Arranged
TOTAL
$93,440
$149,890
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
N/A
Franchised
N/A
N/A
Company-Owned
N/A
N/A
Total Outlets
N/A
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
1 year / 3 years
Failure Rate
1 year / 3 years
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
1 year / 3 years
Two Maids
Industry median
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information, if disclosed by the franchisor.
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
% of Franchisees with Completed Litigation
Number of Bankruptcies Disclosed
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.
