MERRY MAIDS Franchise Fee, Revenue, And Profit Margin
Information about Merry Maids is scattered all over the internet (none gives complete information) which makes it very difficult to gather information about them. In this single blog post, you will get every information you would need to know about the company. If starting a cleaning company has been your plan, read on.
Merry Maids is a cleaning services franchise. We all know how much we want our homes to be clean all the time. Well, there are individuals and entrepreneurs who are making a living off that, ensuring that our homes are clean. If you have always wanted to get into the cleaning business, maybe it’s time you considered a Merry Maids franchise.
In this article, we will be looking at the company Merry Maids and the opportunities it has for entrepreneurs. We will be looking at the history of the company. We will also be looking at the franchise fee for a Merry Maids franchise and the startup cost for a Merry Maids franchise. We shall also be examining the training and supports which Merry Maids provides for its franchisees. We shall also discuss how you can open a Merry Maids franchise and of course the terms of the franchise agreement.
Is Merry Maids a Franchise?
Merry Maids is a home cleaning franchise. Merry Maids is a company which runs and operates home cleaning operations in the world.
Merry Maids was established 39 years ago in 1979 in Omaha, Nebraska, in the United States of America. The company was founded by Dallen Peterson.
As an international cleaning brand, Merry Maids products and services include sales of cleaning products and supports for cleaning companies and cleaning services.
Merry Maids started franchising 38 years ago in 1980, 1 year after it was founded.
The Merry Maids cleaning system caters mainly to thoroughly cleaning residential homes, excluding cases of disaster. Merry Maids’ core area of service is the service of residential homes and properties. The company has more than 8,500 employees.
As a private company, Merry Maids is registered as Merry Maids Partnership and is the subsidiary company of ServiceMaster Global Holdings, Inc., a public company quoted on the New York Stock Exchange (NYSE) with the Ticker Symbol SERV.
The company’s current headquarters is located in Memphis, Tennessee, in the U.S.
Merry Maids independently operates more than 1,400 franchises around the world, and the current Chief Executive Officer (CEO) of Merry Maids is Mary Kay Wegner.
The company’s current corporate address is at 860 Ridge Lake Blvd. Memphis, TN 38120.
Merry Maids has also received awards and recognition for its excellent services. The company received the Safety Excellence award in 2015, from the state of Pennsylvania in the United States.
The company currently has its footprints in the United Kingdom, the United States, and Canada.
How Much Does Merry Maids Franchise Cost?
To take advantage of the Merry Maids franchise opportunity, a franchise fee of $37,000 (U.S. dollar) is required from the intending franchisee. A liquid capital of $37,500 (U.S. dollar) is also required, in addition to other required fees.
Merry Maids Franchise Fee
Merry Maids requires a franchise fee of $37,000 (U.S. dollar) from intending franchisees seeking to join the company. Merry Maids also charges a service fee of 7% of gross sales and a National Ad Fund of 1.3% of total gross sales weekly from its franchisees.
Merry Maids Startup Cost
The startup cost for a Merry Maids franchise is at a low of $86,750 (U.S. dollar) while the maximum required startup cost is $123,750 (U.S. dollar).
Merry Maids Franchise Training and Supports
Merry Maids provides training and support for its franchisees. The Merry Maids franchisee training is conducted at the company’s headquarters in Memphis, Tennessee. The company also provides support for its franchisees. The support provided by Merry Maids include;
- The company supports its franchisees with marketing for their business.
- To enable their franchisees to succeed, Merry Maids supports them with their proprietary business operating software.
- Franchisees also enjoy exclusive territories support from the company to ensure that their business survives.
- Advertising support is also provided for Merry Maids franchisees.
- Another support which franchisees get from the company is access to a 24-hour support toll-free line.
Merry Maids Franchise Application and Terms of Agreement
The initial franchise agreement for a Merry Maids franchise is for a term of 5 years. Franchisees can get a renewal of the franchise agreement if they maintain the company’s service standard. The franchise agreement can be renewed for another term of 5 years.
How Much Does a Merry Maids Franchise Make?
It can’t be stated with certainty how much a Merry Maids franchise makes but the franchisee can be sure to make a success of the endeavor because Merry Maids, as a member of the ServiceMaster brand, provides all enabling support and resources to ensure the success of their franchisees.
How to Open a Merry Maids Franchise?
For individuals and entrepreneurs who wish to open a Merry Maids franchise, they are required to contact the company directly on its website at www.merrymaids.com to fill out the franchise request form. The company’s Franchise Development Manager, Christina Rodgers can be reached by phone on 877-691-1030 for all franchise inquiries.