Section I – Estimated initial investment (franchise costs) for a MaidPro franchise, based on Item 7 of the company’s 2023 FDD
Section II – Initial franchise fee, royalty fee, and marketing fee for a MaidPro franchise, based on Items 5 and 6 of the company’s 2023 FDD
Section III – Number of franchised and company-owned MaidPro outlets at the start of the year and the end of the year for 2020, 2021, and 2022, based on Item 20 of the company’s 2023 FDD
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Section V – Presentation and analysis of MaidPro’s financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2023 FDD, including information on the:
- 2022 average gross consumer sales for the 137 MaidPro franchisees open and operating as of December 31, 2022 for which MaidPro was provided sales data by the franchisee, grouped by number of qualified households
Section VI – Key ratios, comparables, computations, and analyses for the MaidPro franchise opportunity (exclusive content for Platinum subscribers)
Section I – MaidPro Franchise Costs
- MaidPro franchise costs, based on Item 7 of the company’s 2023 FDD:
- Initial Franchise Fee: $45,000
- Travel and Living Expenses While Training: $3,800 to $4,500
- Equipment: $5,650 to $7,650
- Miscellaneous Opening Costs: $6,160 to $8,850
- Cost for Initial Vehicle with Signage (lease): $5,300 to $7,200
- Initial Printing Materials: $1,300
- Advertising – Initial 3 Months: $12,000
- Real Estate: $5,550 to $9,300
- Insurance: $2,000 to $12,000
- Additional Funds for 3 Months: $18,800 to $23,000
- Total Estimated MaidPro Franchise Costs: $105,560 to $130,800
Section II – MaidPro’s Initial Franchise Fee, Royalty Fee, and Marketing Fee
- MaidPro’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2023 FDD:
- Initial Franchise Fee: $45,000
- Continuing Royalty: 6% of monthly Gross Consumer Sales
- Minimum Royalty: after the first 12 months of operation of the Franchised Business, if your Gross Consumer Sales is less than $15,000 in any month, you must pay a minimum of $800 or the Continuing Royalty, whichever is greater
- Additional Premium Royalty: an additional 2.5% royalty must be paid on services provided to customers geographically located outside your assigned territory
- Brand Fund Fee: 2% of monthly Gross Consumer Sales
Section III – Number of Franchised and Company-Owned MaidPro Outlets
Franchised
2020
- Outlets at the Start of the Year: 263
- Outlets at the End of the Year: 252
- Net Change: -11
2021
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- Outlets at the End of the Year: 246
- Net Change: -6
2022
- Outlets at the Start of the Year: 246
- Outlets at the End of the Year: 241
- Net Change: -5
Company-Owned
2020
- Outlets at the Start of the Year: 1
- Outlets at the End of the Year: 0
- Net Change: -1
2021
- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
2022
- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
Section IV – News Updates on the MaidPro Franchise
Section V – Financial Performance Representations (Average Revenues and/or Profits) for the MaidPro Franchise (Item 19, 2023 FDD)
- This Item 19 provides Gross Consumer Sales for all MaidPro franchisees open and operating as of December 31, 2022 for which MaidPro was provided sales data by the franchisee.
- MaidPro excluded from this Item six franchisees for which it was not provided sales data by the franchisee. MaidPro has also excluded 19 franchisees making up 24 territories, that were not open as of December 31, 2022 because they closed in 2022, two of which were open for less than 12 months before closing.
- MaidPro has changed the assignment and definition of territories various times since it began offering franchises in 1997. At times in the past, MaidPro has offered territories comprising 20,000, 35,000, 40,000, and 80,000 qualified households, where a qualified household had a gross annual income of $75,000 or more. In the past, MaidPro has also permitted franchisees to purchase individual blocks of qualified households in amounts less than 20,000, where a qualified household had a gross annual income of $75,000 or more.
- In January 2023, MaidPro changed its territory offering. MaidPro currently offers a territory comprising approximately 45,000 qualified households, where a qualified household has a gross annual income of over $100,000.
- The information below shows Gross Consumer Sales for the franchisees identified below, grouped according to the range of qualified households in each franchisee’s territory or territories based on the current definition of a qualified household.
2022 Gross Consumer Sales
Franchisees Operating with Under 20,000 Qualified Households
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Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations, before someone else does. A franchise specialist will be in touch to present what's available.- Franchisee No. 1 (1 Territory): $458,211
- Franchisee No. 2 (1 Territory): $92,493
- Franchisee No. 3 (1 Territory): $31,408
- Franchisee No. 4 (1 Territory): $320,867
- Average Per Franchisee: $225,745
Franchisees Operating with Between 20,000 and 40,000 Qualified Households
- Franchisee No. 1 (1 Territory): $293,668
- Franchisee No. 2 (1 Territory): $1,426,499
- Franchisee No. 3 (1 Territory): $324,441
- Franchisee No. 4 (1 Territory): $578,522
- Franchisee No. 5 (1 Territory): $8,458
- Franchisee No. 6 (1 Territory): $445,474
- Franchisee No. 7 (1 Territory): $547,320
- Franchisee No. 8 (1 Territory): $81,812
- Franchisee No. 9 (2 Territories): $532,905
- Franchisee No. 10 (1 Territory): $417,816
- Franchisee No. 11 (1 Territory): $33,129
- Franchisee No. 12 (1 Territory): $544,894
- Franchisee No. 13 (1 Territory): $202,155
- Franchisee No. 14 (2 Territories): $40,122
- Franchisee No. 15 (2 Territories): $374,933
- Franchisee No. 16 (1 Territory): $539,649
- Franchisee No. 17 (1 Territory): $65,326
- Franchisee No. 18 (1 Territory): $316,431
- Franchisee No. 19 (1 Territory): $945,555
- Franchisee No. 20 (1 Territory): $9,122
- Franchisee No. 21 (1 Territory): $333,925
- Franchisee No. 22 (1 Territory): $235,332
- Franchisee No. 23 (1 Territory): $523,175
- Franchisee No. 24 (1 Territory): $338,124
- Franchisee No. 25 (1 Territory): $197,904
- Franchisee No. 26 (1 Territory): $624,873
- Franchisee No. 27 (1 Territory): $326,096
- Average Per Franchisee: $381,765
Franchisees Operating with Between 40,001 and 50,000 Qualified Households
- Franchisee No. 1 (1 Territory): $384,518
- Franchisee No. 2 (1 Territory): $600,241
- Franchisee No. 3 (2 Territories): $652,099
- Franchisee No. 4 (1 Territory): $153,873
- Franchisee No. 5 (1 Territory): $494,460
- Franchisee No. 6 (1 Territory): $386,532
- Franchisee No. 7 (2 Territories): $660,078
- Franchisee No. 8 (1 Territory): $680,994
- Franchisee No. 9 (1 Territory): $612,310
- Franchisee No. 10 (1 Territory): $326,159
- Franchisee No. 11 (1 Territory): $501,006
- Franchisee No. 12 (1 Territory): $784,627
- Franchisee No. 13 (1 Territory): $136,605
- Franchisee No. 14 (1 Territory): $624,326
- Franchisee No. 15 (1 Territory): $924,794
- Franchisee No. 16 (1 Territory): $52,082
- Franchisee No. 17 (1 Territory): $1,040,435
- Average Per Franchisee: $530,302
Franchisees Operating with Between 50,001 and 60,000 Qualified Households
- Franchisee No. 1 (1 Territory): $775,230
- Franchisee No. 2 (1 Territory): $184,857
- Franchisee No. 3 (1 Territory): $635,142
- Franchisee No. 4 (2 Territories): $441,757
- Franchisee No. 5 (1 Territory): $248,345
- Franchisee No. 6 (1 Territory): $141,136
- Franchisee No. 7 (1 Territory): $445,526
- Franchisee No. 8 (1 Territory): $493,182
- Franchisee No. 9 (1 Territory): $220,863
- Franchisee No. 10 (1 Territory): $220,863
- Franchisee No. 11 (1 Territory): $164,906
- Franchisee No. 12 (1 Territory): $1,327,105
- Franchisee No. 13 (1 Territory): $1,437,994
- Franchisee No. 14 (2 Territories): $915,798
- Franchisee No. 15 (1 Territory): $779,176
- Franchisee No. 16 (2 Territories): $170,640
- Franchisee No. 17 (1 Territory): $332,608
- Average Per Franchisee: $525,596
Franchisees Operating with Between 60,001 and 80,000 Qualified Households
- Franchisee No. 1 (1 Territory): $475,822
- Franchisee No. 2 (1 Territory): $769,396
- Franchisee No. 3 (1 Territory): $596,354
- Franchisee No. 4 (1 Territory): $298,772
- Franchisee No. 5 (2 Territories): $560,036
- Franchisee No. 6 (1 Territory): $91,192
- Franchisee No. 7 (1 Territory): $252,409
- Franchisee No. 8 (3 Territories): $1,620,056
- Franchisee No. 9 (2 Territories): $830,836
- Franchisee No. 10 (1 Territory): $704,352
- Franchisee No. 11 (1 Territory): $303,712
- Franchisee No. 12 (2 Territories): $1,139,855
- Franchisee No. 13 (2 Territories): $139,615
- Franchisee No. 14 (2 Territories): $751,325
- Franchisee No. 15 (1 Territory): $236,333
- Franchisee No. 16 (2 Territories): $630,463
- Franchisee No. 17 (2 Territories): $977,839
- Average Per Franchisee: $610,492
Franchisees Operating with Between 80,001 and 100,000 Qualified Households
- Franchisee No. 1 (3 Territories): $1,252,990
- Franchisee No. 2 (2 Territories): $1,424,317
- Franchisee No. 3 (2 Territories): $935,263
- Franchisee No. 4 (2 Territories): $355,186
- Franchisee No. 5 (1 Territory): $1,233,521
- Franchisee No. 6 (2 Territories): $1,123,198
- Franchisee No. 7 (1 Territory): $324,435
- Franchisee No. 8 (2 Territories): $568,354
- Franchisee No. 9 (1 Territory): $656,006
- Franchisee No. 10 (2 Territories): $934,298
- Average Per Franchisee: $880,757
Franchises Operating with Between 100,001 and 150,000 Qualified Households
- Franchisee No. 1 (3 Territories): $634,879
- Franchisee No. 2 (1 Territory): $561,265
- Franchisee No. 3 (1 Territory): $1,013,230
- Franchisee No. 4 (1 Territory): $713,877
- Franchisee No. 5 (1 Territory): $443,728
- Franchisee No. 6 (1 Territory): $235,079
- Franchisee No. 7 (2 Territories): $857,463
- Franchisee No. 8 (2 Territories): $869,062
- Franchisee No. 9 (1 Territory): $99,619
- Franchisee No. 10 (1 Territory): $564,757
- Franchisee No. 11 (2 Territories): $1,045,255
- Franchisee No. 12 (3 Territories): $994,504
- Franchisee No. 13 (2 Territories): $900,266
- Franchisee No. 14 (2 Territories): $684,356
- Franchisee No. 15 (1 Territory): $460,443
- Franchisee No. 16 (2 Territories): $698,810
- Franchisee No. 17 (3 Territories): $957,444
- Franchisee No. 18 (1 Territory): $915,891
- Franchisee No. 19 (2 Territories): $702,772
- Average Per Franchisee: $702,774
Franchisees Operating with Between 150,001 and 200,000 Qualified Households
- Franchisee No. 1 (1 Territory): $870,827
- Franchisee No. 2 (2 Territories): $1,188,547
- Franchisee No. 3 (1 Territory): $384,680
- Franchisee No. 4 (4 Territories): $1,656,407
- Franchisee No. 5 (3 Territories): $1,018,727
- Franchisee No. 6 (6 Territories): $1,582,168
- Franchisee No. 7 (4 Territories): $818,924
- Franchisee No. 8 (2 Territories): $604,693
- Franchisee No. 9 (1 Territory): $614,786
- Franchisee No. 10 (1 Territory): $1,559,955
- Franchisee No. 11 (6 Territories): $2,109,521
- Franchisee No. 12 (2 Territories): $939,139
- Franchisee No. 13 (2 Territories): $899,051
- Average Per Franchisee: $1,095,956
Franchisees Operating with Between 200,001 and 300,000 Qualified Households
- Franchisee No. 1 (2 Territories): $ 587,933
- Franchisee No. 2 (2 Territories): $2,905,965
- Franchisee No. 3 (4 Territories): $1,417,856
- Franchisee No. 4 (4 Territories): $1,263,649
- Franchisee No. 5 (1 Territory): $1,302,799
- Franchisee No. 6 (3 Territories): $1,291,152
- Franchisee No. 7 (5 Territories): $1,247,948
- Franchisee No. 8 (2 Territories): $1,828,008
- Average Per Franchisee: $1,480,664
Franchisees Operating with Between 345,000 and 375,000 Qualified Households
- Franchisee No. 1 (5 Territories): $1,811,295
- Franchisee No. 2 (3 Territories): $1,900,726
- Average Per Franchisee: $1,856,011
Franchisees Operating with Between 450,000 and 500,000 Qualified Households
- Franchisee No. 1 (6 Territories): $2,705,010
- Franchisee No. 2 (11 Territories): $1,527,893
- Franchisee No. 3 (3 Territories): $524,096
- Average Per Franchisee: $1,585,666
- Gross Consumer Sales as used in this Item 19 is consistent with the meaning of Gross Consumer Sales in the Franchise Agreement as used to calculate the Continuing Royalty under the Franchise Agreement.
- The dollar amounts shown in this Item 19 have been rounded to the nearest dollar.
- The above figures reflect Gross Consumer Sales based upon information reported to MaidPro by its franchisees in its cloud-based software, which is used by MaidPro for calculating the Continuing Royalty. MaidPro has not audited that information.
- The Gross Consumer Sales do not reflect any costs of sales, operating expenses, or other costs and expenses that must be deducted from the Gross Consumer Sales figures to obtain net income or profit.
- If a franchisee in the tables above has more than one Territory, the Qualified Households applicable to that franchisee are the cumulative number of Qualified Households in those Territories. Each franchisee in the tables above appears only once in the tables above.
- Some MaidPro Franchised Businesses have sold this amount. Your individual results may differ. There is no assurance that you will sell as much.
Section VI – MaidPro Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️
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