Total Investment
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MaidPro

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our Take
5. Additional Resources

1. Franchise Snapshot

Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Residential Cleaning
Investment Range
$105,560 - $130,800
Total US Locations
238
Franchise Units
238
Founding Year
1996
Started Offering Franchises
1997
Management Capacity
Owner Operator
Job Count
26
Prior E2 Investors?
Yes
Prior Visa Franchise Clients?
Yes
Royalty Fee
6%
Marketing Fee
2%
Franchise Fee
$45,000
Headquarters (City, State)
Boston, MA
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
5 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

Reports - Elements Webflow Library - BRIX Templates
Overview

MaidPro is as passionate about cleaning and saving customers money while we do it! That’s why they offer budget-friendly, fully customizable cleaning plans. Because of this, clients never pay for what they don’t need. t MaidPro, they customize their service to meet the client's needs and budget. They offer a full range of house cleaning services and use a 49-Point Checklist to guarantee the client's home is cleaned correctly every time. Kitchens, bathrooms, floors, and dusting are their specialties.

Users - Elements Webflow Library - BRIX Templates
Management team / founders

MaidPro, a home cleaning concept under the multi-brand home services franchisor Threshold Brands, was established in 1996 and began franchising in 1997. Over the course of the past 20-plus years, the concept has continued to grow in markets across the nation, bringing the Pros of MaidPro into the homes of busy families.

Password - Elements Webflow Library - BRIX Templates
Focus of owner for daily business operations

As a MaidPro operator, the main facets of the business entail: 1. Manage day-to-day bookings; 2. Interacting with clients and being the face of the company; 3. Hiring and managing staff; 4. Marketing and advertising locally; 5. Making sure safety standards and protocols are being met

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
6%
6%
6%
Marketing Fee
2%
2%
2%
Franchise Fee
$45,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$45,000
$45,000
At signing of the Franchise Agreement
Travel and Living Expenses for Training
$3,800
$4,500
As incurred during training
Equipment
$5,650
$7,650
As incurred
Miscellaneous Opening Costs
$6,160
$8,850
As incurred
Cost for Initial Vehicle with Signage (Lease)
$5,300
$7,200
As incurred
Initial Printing Materials
$1,300
$1,300
As incurred
Advertising – Initial 3 Months
$12,000
$12,000
As incurred
Real Estate
$5,550
$9,300
Prior to opening
Insurance
$2,000
$12,000
As incurred
Additional Funds (3 Months)
$18,800
$23,000
As incurred
Total Investment
$105,560
$130,800
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
2021
252
246
-6
Franchised
2022
246
241
-5
N/A
2023
241
238
-3
N/A
2021
0
0
0
Company-Owned
2022
0
0
0
N/A
2023
0
0
0
N/A
2021
252
246
-6
Total Outlets
2022
246
241
-5
N/A
2023
241
238
-3
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
MaidPro
0% / -2.1%
6.3% / 18%
0% / 11.8%
Industry median
3.4% / 11.8%
4% / 12.4%
1% / 5.6%
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
5,96%
10 Year Cumulative Defaults
10,81%
3 Year Predicted Default Rate
11,92%
*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
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*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.

4. Our Take

MaidPro is a residential and commercial cleaning franchise offering a range of services such as maid cleaning, maintenance, and other related services. Established in 1996 and headquartered in Boston, Massachusetts, MaidPro operates franchises across the U.S. and Canada. The company provides franchisees with comprehensive support, including marketing, technology, and business coaching, making it a popular choice for individuals looking to enter the cleaning service industry. The franchise model offers flexibility and potential for growth with a focus on customer satisfaction and employee development.