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Molly Maid Franchise Review

Molly Maid Franchise Review

About.com Rating 4.5 Star Rating
User Rating 1 Star Rating (1 Review)

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Over the last decade, residential housecleaning has become one of the fastest growing industries in the country. According to estimates, over ten million households will use paid domestic services. Molly Maid is currently approaching $20 billion dollars in annual sales, with a projected growth rate of 20%. Molly Maid owners enjoy double-digit growth rates fueled by repeat customers. This Cash-Cow ensures that invoicing and managing accounts receivable will be little to none.

Background and Benefits

The U.S. Bureau of Labor and Statistics expect cleaning services to continue to be one of the top generators of new jobs in America. The industry remains solid in an increasingly volatile economy with expanding consumer demand. Franchise owners don’t actually clean the homes. Molly Maid trains the franchisee on how to recruit, train, motivate, and manage employees to do the cleaning. This proven system with a minimal upfront investment gains franchisees access to the fastest growing segments of the population -- two-income families, career-focused young professionals, and retired couples at various levels of health. These are people who don't have the time or energy to clean their own homes.

How Much Does a Molly Maid Franchise Cost?

The franchise fee is a mere $14,900 or you can pay $35,000 to $40,000 for an exclusive territory. The initial package is $8500 for equipment and supplies. They recommend having additional working capital of between $35,000 and $50,000 for first three months. The total estimated initial investment should work out to between $92,900 and $112,900. Molly Maid wants to see liquid capital in the $30,000 range with a minimum net worth of $250,000.

What We Like

A Molly Maid franchise offers less of the headaches many other businesses have. You do not have to work nights and weekends and the initial investment is small. Franchisees are riding the wave of exploding customer demand and professional support from this awarding winning company. There is no expensive build out, limited equipment requirements, and no receivables. Thirty-nine Molly Maid owners have achieved million-dollar circle recognition, and did I mention most of the clients pay in cash?

Pros

  • Special Incentives - VetFran and MinorityFran participant offering 25% off the current franchisee fee to qualified persons.
  • Minimal Accounting - No receivables with this one. Most clients pay in cash and checks.
  • Ms. Molly Foundation - Ms. Molly Foundation. Chartered in 1996, is a non-profit organization that assists victims and families affected by domestic violence

Molly Maid Franchise Information

Business Established: 1979
Franchising Since: 1984
Start-up Cost: $30,000
Total Investment: $66,325 to $111,600

User Reviews

 1 out of 5
Molly Maid = Poor Customer Service, Member AVOIDMOLLYMAID

AVOID MOLLY MAID AT ALL COSTS I called Molly Maid and received an estimate for the work and agreed to a two week cleaning. After the initial cleaning, in which they wanted more than 3.5 hours for two people to clean a 1,000 SqFt area. I refused and they left. The cleaning was average and they took the time to remove anything and everything they could to make it take more time. When it came time to clean for the two week, we were already debating on whether it would be appropriate. Molly Maid canceled and attempted to reschedule. We declined the reschedule. They show up and we call and ask them to leave. They left. Now I have a bill for a 2 hour cleaning they refuse to clear. Avoid Molly Maid at all costs. They will overcharge, ignore you cleaning parameters and come whenever they want. I would not hire Molly Maid under any circumstances. Since, we have found an amazing cleaner at half the cost who does dishes, laundry and cleans exactly as we ask. Amazing the difference! Don't even call Molly Maid!

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