MaidPro

Year Business Began: 1996

Franchising Since: 1997

Headquarters: Boston, Massachusetts

Estimated Number of Units: 285

 

Franchise Description: MaidPro Franchise, LLC is the franchisor. MaidPro franchised businesses provide residential and commercial cleaning services and other related services. The franchisor also offers conversion franchises to qualified individuals and entities that have offered cleaning services similar or identical to the services of the franchised business for at least six months and that have generated more than $25,000 in sales during the latest six-month period in that business.

Training Overview: Franchisees, or their operating principal (if they are an entity), must successfully complete the initial training program to the franchisor’s reasonable satisfaction, before opening the franchised business. The initial training program is a self-paced program conducted via the telephone and the MaidPro intranet, and in-house corporate training held at the franchisor’s headquarters in Boston, Massachusetts, or another location designated by the franchisor, or by remote/virtual means. The franchisor expects the initial training to take franchisees 8-12 weeks to complete, but this could vary depending on how much time they can devote to training and how quickly they are able to absorb the materials. After the franchisee, or operating principal’s, successful completion of the initial training program, the franchisee can designate additional persons to attend other sessions of the initial training program held in conjunction with the initial training program schedule for other MaidPro System franchise owners. The franchisor, at its option, will conduct conferences or training sessions for ongoing training. Franchisees may be required to attend the conferences or training sessions/programs. The franchisor may, at its option conduct a convention that franchisees must attend.

 

Territory Granted: Franchisees will be awarded and may serve customers within a territory, which shall be delineated by zip codes; hard boundaries, such as streets, highways, rivers or other identifiable physical boundaries; or census tract. A territory is a defined geographical area containing a certain number of “qualified households” at the time of the grant of the franchise. A qualified household is a household with gross annual income over $75,000. 35,000 qualified households is the approximate number within any territory. Franchisees must operate from only one location the franchisor approves within their territory. The franchisor will not establish or license another to establish any other MaidPro franchised businesses within the territory while the Franchise Agreement is in effect and the franchisee is not in default.

Obligations and Restrictions: Franchisees, or their operating principal, must directly supervise the MaidPro franchised business at all times. Franchisees must maintain business times and hours as the franchisor may specify in the operations manual. Franchisees or their operating principal must successfully complete the training program and, after completion of the training, must devote full time, energy and best efforts to the operation of the franchised business. Franchisees must offer and provide all the services required by the franchisor. Franchisees may not offer or provide any products and services not authorized by the franchisor. Franchisees are specifically limited to providing approved products and services to customers who are located in the territory, unless the franchisor otherwise agrees. If franchisees are servicing a customer outside of their territory and a franchise is granted to another with a territory that includes this customer, the franchisee must cease servicing the customer and inform the other franchisee whose new territory includes this customer of the service and needs of this customer to allow the new franchisee to properly and timely service this customer.

 

Term of Agreement and Renewal: The length of the initial franchise term is five years. If franchisees are in good standing and in full compliance with the Franchise Agreement they can add additional consecutive renewal terms of five years.

 

Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease, or obligation.

 

Investment Tables:

FRANCHISE SUCCESS

 Address: 87 – 89 Hồ Bá Kiện, Phường 15, Quận 10, Thành Phố Hồ Chí Minh
 Hotline: (+84) 2871077979 – line 4
 Website: https://franchisesuccess.vn
 Email: info@franchiseSUCCESS.vn

Year Business Began: 1996

Franchising Since: 1997

Headquarters: Boston, Massachusetts

Estimated Number of Units: 285

 

Franchise Description: MaidPro Franchise, LLC is the franchisor. MaidPro franchised businesses provide residential and commercial cleaning services and other related services. The franchisor also offers conversion franchises to qualified individuals and entities that have offered cleaning services similar or identical to the services of the franchised business for at least six months and that have generated more than $25,000 in sales during the latest six-month period in that business.

Training Overview: Franchisees, or their operating principal (if they are an entity), must successfully complete the initial training program to the franchisor’s reasonable satisfaction, before opening the franchised business. The initial training program is a self-paced program conducted via the telephone and the MaidPro intranet, and in-house corporate training held at the franchisor’s headquarters in Boston, Massachusetts, or another location designated by the franchisor, or by remote/virtual means. The franchisor expects the initial training to take franchisees 8-12 weeks to complete, but this could vary depending on how much time they can devote to training and how quickly they are able to absorb the materials. After the franchisee, or operating principal’s, successful completion of the initial training program, the franchisee can designate additional persons to attend other sessions of the initial training program held in conjunction with the initial training program schedule for other MaidPro System franchise owners. The franchisor, at its option, will conduct conferences or training sessions for ongoing training. Franchisees may be required to attend the conferences or training sessions/programs. The franchisor may, at its option conduct a convention that franchisees must attend.

 

Territory Granted: Franchisees will be awarded and may serve customers within a territory, which shall be delineated by zip codes; hard boundaries, such as streets, highways, rivers or other identifiable physical boundaries; or census tract. A territory is a defined geographical area containing a certain number of “qualified households” at the time of the grant of the franchise. A qualified household is a household with gross annual income over $75,000. 35,000 qualified households is the approximate number within any territory. Franchisees must operate from only one location the franchisor approves within their territory. The franchisor will not establish or license another to establish any other MaidPro franchised businesses within the territory while the Franchise Agreement is in effect and the franchisee is not in default.

Obligations and Restrictions: Franchisees, or their operating principal, must directly supervise the MaidPro franchised business at all times. Franchisees must maintain business times and hours as the franchisor may specify in the operations manual. Franchisees or their operating principal must successfully complete the training program and, after completion of the training, must devote full time, energy and best efforts to the operation of the franchised business. Franchisees must offer and provide all the services required by the franchisor. Franchisees may not offer or provide any products and services not authorized by the franchisor. Franchisees are specifically limited to providing approved products and services to customers who are located in the territory, unless the franchisor otherwise agrees. If franchisees are servicing a customer outside of their territory and a franchise is granted to another with a territory that includes this customer, the franchisee must cease servicing the customer and inform the other franchisee whose new territory includes this customer of the service and needs of this customer to allow the new franchisee to properly and timely service this customer.

 

Term of Agreement and Renewal: The length of the initial franchise term is five years. If franchisees are in good standing and in full compliance with the Franchise Agreement they can add additional consecutive renewal terms of five years.

 

Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease, or obligation.

 

Investment Tables:

FRANCHISE SUCCESS

 Address: 87 – 89 Hồ Bá Kiện, Phường 15, Quận 10, Thành Phố Hồ Chí Minh
 Hotline: (+84) 2871077979 – line 4
 Website: https://franchisesuccess.vn
 Email: info@franchiseSUCCESS.vn

INVESTMENT RANGE: $94,560-$124,800
LIQUIDTY:
MINIMUM NETWORTH: $75,000
6 MONTH CASH:
FRANCHISE FEE: $35,000
ROYALTY: 7% down to 4% as revenue increases
ADVERTISING: 2%
RAMP-UP: