Among thousands of home cleaning franchises the Maids Home Service tops the list. It is aimed to provide the best services so that each and every part of your residence gets a new shining look and your home becomes the loveliest place to you. For this purpose the franchise recruits highly trained experts who will satisfy you with their efficiency.
Background Of The Maids Home Services
The Maids was first introduced in the year 1979 as a house cleaning organization. However, from 1980 it started franchising and expanded its business through out U.S. and Canada. It had been ranked as the world’s best cleaning service provider in the year 2007 and 2008 for its exclusive home washing techniques. According to the Entrepreneur Magazine, it has been rated as the fastest growing franchise over the past five years.
Services Provided By The Maids
The company highly focuses on the team working concept. This concept has helped the organization to achieve the highest level of efficiency in the field of home cleaning along with the maximum level of profit. The idea of team work was first introduced by Mr. Dan Bishop, the founder of the Maids Services. Allen It offers several e-learning programs and trainings to equip you to start the franchise business successfully. The training program generally continues for 9 days where people learn vital tips on administrative and technical methods. Once the franchiser starts the business it provides direct job support either in English or Spanish. All these are meant to help the franchise so that it can offer the superb quality cleaning services and can earn a huge profit.
Cost And Fees While Starting The Franchise
The initial investment cost of setting up the Maids Home Service Franchise normally ranges from $106,345 to $157,095. Regarding the franchise fee and the ongoing royalty fee it generally varies in between $38,000 to $48,000 and 6.9 to 3.9% respectively. The company issues 20 year agreement term which is renewable after the mentioned period. Both the in-house and third party franchises are allowed to get financing on behalf of the company. But financing for startup costs, equipment, inventory, accounts receivable and payroll are only provided to the franchises of third party type and not to the In-house ones.
Essential Qualifications To Run The Franchise
Among the essential qualifications required to run such franchises, the amount of net worth is the most important one. The net worth amount should be $300,000 to $500,000 while the cash liquidity has to be $70,000. Another vital qualification in this regard is the business experience. The excellent marketing skills, management skills and an overall business experience are the three main aspects considered here. Regarding the number of employees, it should be at least 20 for a single unit.
Support for setting up a Maid Home Service franchise, is provided in three different ways. Considering first the Ongoing Support, which include toll free phone line, internet facility, meetings, newsletters, safety and security tips, evaluation capability etc. The Marketing support incorporates the regional advertising techniques, concept of co-operative advertising and efficient use of national media. Lastly the support for PR, proprietary software and idea on collateral pieces are categorized as the other types of market support.