Updated February 12, 2020.
Detailed Estimates of Maid Brigade Franchise Costs Based on Item 7 (Estimated Initial Investment) of Maid Brigade’s 2019 Franchise Disclosure Document
1. Initial Franchise Fee: $23,950 for a territory with up to 25,000 Qualified Households and an additional $1 for each additional Qualified Household
2. Real Estate/Office: $600 to $1,000
- You must establish and maintain an office that is approved by Maid Brigade, and the office may be in your home, if approved by Maid Brigade. Maid Brigade’s approval is required for the size, rent, and location of your office. It is Maid Brigade’s intention to help you properly control rent expense and assure that the space provides all elements required for operation of the business.
- The cost for your office will vary considerably depending on the size and location of the office, from a negligible amount for a small office in an office park to a substantial amount for a high-visibility office in an office complex, which rarely occurs.
- The size of your office will vary depending on the type of franchise you purchase ranging from 400 square feet for a territory with at least 25,000 Qualified Households to 900 square feet for a territory with over 40,000 Qualified Households.
3. Computer Equipment: $1,000 to $2,000
- This estimate includes a connection charge to a high speed Internet provider. Maid Brigade will give you a list of computer equipment you will need in order to operate its software program, MicroMaid, and other tools provided as part of its Total Management Software Package.
- You do not purchase the computer equipment from Maid Brigade.
- The cost of the equipment you purchase will vary depending on the amount of equipment you buy, the supplier you choose, general economic conditions, your geographic location, and your persistence in obtaining the best prices available.
- You must have Internet access and email.
4. Equipment, Fixtures, Other Fixed Assets (including leasehold improvements, signs, pre-opening expenses): $1,500 to $3,000
- Your costs will vary depending on the size, configuration, and condition of the furniture, supplies, signs, and fixtures you select and the location of your office.
5. Opening Inventory: $4,200
- This represents your Initial Package.
6. Security Deposits and Other Prepaid Expenses: $1,500 to $2,000
- Your landlord will generally require you to pay the first and last months’ rent as a deposit. Utility companies and rental agencies will probably require you to pay deposits and prepaid expenses, including prepaid expenses relating to furniture, fixtures, or equipment you may lease.
7. Automobile: $1,700
- You must use clean, relatively new automobiles for business transportation. The estimate includes the cost of the car wrap, but does not include ongoing gas and maintenance expenses, which you must normally pay on a monthly basis.
- If you purchase the automobile(s) you use, your initial investment will be significantly greater than the table shows.
- Maid Brigade requires that your vehicles display the company’s proprietary car wrap, that Maid Brigade specifies from time to time. Maid Brigade’s approved vendors may include the cost of the wrap in the lease or purchase price of the vehicle.
8. Insurance and Bond: $1,000 to $2,000
- The figures shown in the table cover premiums for the insurance you must maintain and the costs you are likely to incur in obtaining a blanket fidelity bond in the amount of $10,000 for each employee.
9. Training Expenses: $2,000
- Franchise training is included in your initial investment. Training typically consists of Pre-Opening Training, Home Office Training, Boot Camp Training, and Blastoff Training.
10. Opening Advertising and Telephone Listing: $10,500 to $12,000 for the first 3 months, depending on the size of your territory
- You must spend between $3,500 to $4,000 each month on local marketing. Maid Brigade specifies the amount you must spend each month.
11. Additional Funds (3 months): $35,700 to $51,800
- Working capital covers the initial expenses you are likely to incur while you establish the Franchise, and those you are likely to incur between the time you begin providing services and the time you begin having a steady cash flow from payments by customers.
- These expenses include costs related to performing background checks, hiring employees, initial employee wages, and purchasing other goods and services.
- Your expenditures will depend on factors like your business skills and experience, general and local economic conditions, competition, the prevailing wage rate, the amount of services you provide during the initial period, how well the business is performing, and the number of hours you are willing to invest in the Franchise.
- These expenses do not include any draw or salary for the owners of the Franchise, but they do include additional office support services you may need.
12. Total Estimated Initial Investment: $83,600 to $105,600
- In compiling this chart, Maid Brigade relied on its experience in the operation of home cleaning services, and information from its franchisees. The amounts shown are estimates only and may vary for many reasons.
- Maid Brigade does not offer direct or indirect financing to you for any of these expenses.