Maid Brigade franchise financing options

Overall costs for Maid Brigade run anywhere from $94,800 to $81,800. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2022 from Franchise Direct and include opening fees and expenses only. The location you choose for your Maid Brigade franchise may result in higher or lower fees.

Franchise fees

Maid Brigade franchise fees total around $17,500, which beats out the $37,000 average for the 200 largest franchises nationwide.

Franchise	Cost
Initial franchise fee	$35,000 for a territory with up to 30,000 Qualified Households and an additional $1 for each additional Qualified Household to
Royalty	6.9% of gross revenues, subject to reduction for higher volume and subject to weekly minimums.
Estimated total	$35,000 to $0

Equipment fees

Equipment fees total $5,450 for Maid Brigade. This is less than the $180,023 average for the top 200 franchises.

Equipment	Cost
Computer equipment	$1,000 to $2,000
Equipment, fixtures and other fixed assets	$1,500 to $3,000
Automobile	$1,700 to $1,700
Estimated total	$4,200 to $6,700

Real estate fees

Real estate will set you back $2,550 for Maid Brigade, thought it's less than the average of $788,376 for the top 200 franchises.

Real estate	Cost
Real estate for office	$600 to $1,000
Security deposits and other prepaid expenses	$1,500 to $2,000
Estimated total	$2,100 to $3,000

Training fees

Maid Brigade initial training costs total $2,000, which comes in under the nationwide average of $9,788.

Training	Cost
Training expenses	$2,000 to $2,000
Estimated total	$2,000 to $2,000

Inventory costs

Initial inventory for Maid Brigade shakes out to $3,700. This is less than the nationwide average of $53,119.

Inventory	Cost
Opening inventory	$3,700 to $3,700
Estimated total	$3,700 to $3,700

Marketing costs

Advertisement and marketing costs total up to $11,850 for Maid Brigade, which is more than the nationwide average of $9,938.

Marketing	Cost
Opening advertising and telephone listing	$11,100 to $12,600
Estimated total	$11,100 to $12,600

Insurance costs

Initial insurance costs for Maid Brigade run $1,500. This means you'll be paying less than the overall nationwide average of $6,311.

Insurance	Cost
Insurance and bond	$1,000 to $2,000
Insurance	Varies under circumstances.
Estimated total	$1,000 to $2,000

Other expenses

Miscellaneous expenses for Maid Brigade total $43,750 — less than the nationwide average of $69,970.

Other	Cost
Three months' additional funds	$35,700 to $51,800
Estimated total	$35,700 to $51,800

All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2022.

How to finance

Since the estimated total for Maid Brigade is on the more costly side, we recommend following these steps to get fully financed:

1. Go to the Maid Brigade franchising website and review its financial requirements, including cash-on-hand requirements.
2. Reach out to Maid Brigade about in-house financing for franchisees.
3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $88,300 estimated opening costs.
4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
5. Once you settle on a lender, gather all required documents, including account statements and assets.
6. Apply for financing online or in person as required by the lender.

What types of financing is available?

Consider one of the following options for covering a portion of the costs to open a Maid Brigade.

• Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
• Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
• Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
• SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.

Also check if Maid Brigade franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $94,800. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.

How Maid Brigade stacks up

Compare how Maid Brigade holds up against two similarly sized franchises.

	Leadership Management International	Maid Brigade	The Little Gym
Average Franchise fees	NA	$17,500	$49,500
Average Equipment fees	NA	$5,450	$84,950
Average Real estate fees	NA	$2,550	$97,500
Average Training fees	NA	$2,000	$7,500
Average Inventory fees	NA	$3,700	NA
Average Marketing fees	NA	$11,850	$19,000
Average Licenses and permits fees	NA	NA	NA
Average Insurance fees	NA	$1,500	$2,750
Average Admin fees	NA	NA	NA
Average Personnel fees	NA	NA	NA
Average Other fees	NA	$43,750	$7,000

Bottom line

Maid Brigade franchise costs run a total of $88,300. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.