MaidPro
Home Services · Cleaning Services
- Active units
- 238
- Avg unit volume
- $466k
- Royalty
- 6.0%
Franchised, year-end 2023
of weekly Net Sales
About MaidPro
MaidPro | Boston MA is a professional cleaning company based in the United States. Founded in 1991, the company has grown to become a trusted name in the cleaning industry. The headquarters of MaidPro is located in Boston, Massachusetts. The main offering of MaidPro is residential cleaning services. They provide thorough and customizable cleaning solutions for homes of all sizes. Their trained and experienced professionals use industry-leading techniques and eco-friendly products to ensure customer satisfaction. In addition to general cleaning, MaidPro offers specialized services such as deep cleaning, move-in/move-out cleaning, post-construction cleaning, and vacation rental cleaning. On a global scale, MaidPro operates primarily in the United States. They have expanded their services to over 200 locations throughout the country. While they do not have any noteworthy subsidiaries or joint ventures, MaidPro maintains partnerships with local businesses to provide additional services such as organizing, pet care, and window cleaning. MaidPro has established a strong market position in the cleaning industry. With their emphasis on customer satisfaction and high-quality service, they have gained a loyal customer base. While exact figures for global sales are not available, MaidPro is considered a leading player in the residential cleaning market in the United States. They compete with other cleaning companies like Molly Maid, Merry Maids, and The Cleaning Authority. In terms of major events and achievements, MaidPro has been recognized as a top franchise opportunity by various publications, including Entrepreneur Magazine and Franchise Business Review. This recognition reflects their success as a franchising company and their commitment to supporting franchisees. They regularly update their service offerings and adapt to changing customer needs to maintain growth and stay competitive. As of the latest available information, MaidPro continues to thrive as a leading cleaning company in the United States. They are dedicated to providing exceptional service to their customers and expanding their franchise network across the country. Notable updates or key information beyond this point is not available.
Key terms
- Franchise fee
$45k
- First Responders discount
20% reduction of the Initial Franchise Fee on your first Franchised Business
- Multi-unit discount
25% reduction of the Initial Franchise Fee off the second and any additional franchises purchased at the time you purchase the initial franchise
- Hard-to-serve/underserved market discount
Up to 10% off the Initial Franchise Fee
- Conversion franchisee
Initial Franchise Fee waived
- Franchise Option Program
Waive/refund Initial Franchise Fee in exchange for royalty increased by an additional 2.5% of Gross Consumer Sales for 10 years
- Brand fund
2.0% of Net Sales
- Local advertising
3000.0% of Net Sales
- Footprint
600 – 1,000 sq ft
- Veteran discount
20.0% off franchise fee — 20% reduction of the Initial Franchise Fee on your first Franchised Business
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD.
Growth
- Total locations238
Franchised units open at year-end
- New openings12
Gross new units opened during the calendar year
- 1-year unit growth rate-1.2%
Net unit growth versus prior year
- 3-year unit CAGR-1.6%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.3×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$466k
Average Gross Consumer Sales across all 229 franchised businesses for the 12 months ended Dec 31, 2023.
- Annual unit volume (25th percentile)$234k
Gross Consumer Sales is consistent with the term used to calculate Continuing Royalty under the Franchise Agreement. Dollar amounts rounded to the nearest doll…
- Annual unit volume (75th percentile)$660k
Gross Consumer Sales is consistent with the term used to calculate Continuing Royalty under the Franchise Agreement. Dollar amounts rounded to the nearest doll…
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$118k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio3.9×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.