Merry Maids Franchise
Wednesday, April 28, 2010 at 02:12AM Residential cleaning services
Dallen W. Peterson founded Merry Maids in 1979 in Omaha, Nebraska. The public company cleans more than 300,000 USD homes, apartments and condominiums each month in North America. It has franchises in Denmark, Hong Kong, Japan and the United Kingdom. In 1988 Merry Maids joined the ServiceMaster Quality Service Network, which includes franchise companies AmeriSpec, Terminix and Furniture Medic. Merry Maids is based in Memphis, Tennessee.
Start-up Costs & Franchises Fees
What is the total cost to open a Merry Maids Franchises?
Total Cost: $25,000 USD -$59,500
Total Franchise Fees: $19,000 USD -$27,000 USD
Ongoing Royalty Fees: 5-7%
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years
Contact Information for Merry Maids
|
Merry Maids |
Toll Free: (800)798-8000 |
Merry Maids In the Press
No results at this time.Historical Expansion
In what year did Merry Maids begin operations? 1979
When did Merry Maids begin selling franchises? 1980
Year United States Canada International Corporate 2005 777 69 433 149 2004 772 68 433 149 2003 753 67 427 143 2002 761 64 414 122 2001 761 65 410 173
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes No Initial Start-up Capital No No Plant, Property, and Equipment Yes No Inventory Yes No Accounts Receivable No No Payroll No No
Training & Support
Training
Additional training in Memphis, Tennessee and regional locations
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
Ad slicks, National media
Franchise Operation Restrictions
60% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 12
Absentee ownership of franchise is allowed. (98% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Management experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes