MaidPro franchise financing options

Overall costs for MaidPro run anywhere from $30,410 to $161,150. 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 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your MaidPro franchise may result in higher or lower fees.

Franchise fees

MaidPro franchise fees total around $50,000, which is more than the $37,000 average for the 200 largest franchises.

Franchise	Cost
Initial franchise fee	$0 to $80,000
Optional additional territory	$0 to $20,000
Estimated total	$0 to $100,000

Equipment fees

Equipment fees total $16,825 for MaidPro. This is less than the $180,023 average for the top 200 franchises.

Equipment	Cost
Equipment	$5,650 to $11,300
Cost for initial vehicle with signage, lease	$5,300 to $11,400
Estimated total	$10,950 to $22,700

Marketing costs

Advertisement and marketing costs total up to $21,450 for MaidPro, which is more than the nationwide average of $9,938.

Marketing	Cost
Initial printing materials	$1,300 to $2,600
Three months' advertising	$12,000 to $27,000
Estimated total	$13,300 to $29,600

Other expenses

Miscellaneous expenses for MaidPro total $7,505 — less than the nationwide average of $69,970.

Other	Cost
Miscellaneous opening costs	$6,160 to $8,850
Estimated total	$6,160 to $8,850

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 2021.

How to finance

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

1. Go to the MaidPro franchising website and review its financial requirements, including cash-on-hand requirements.
2. Reach out to MaidPro 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 $95,780 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 MaidPro.

• 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 MaidPro 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 $30,410. 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 MaidPro stacks up

Compare how MaidPro holds up against two similarly sized franchises.

	Arthur Murray Dance Studio	MaidPro	ACFN, The ATM
Average Franchise fees	$56,250	$50,000	$25,000
Average Equipment fees	$16,000	$16,825	$10,531
Average Real estate fees	$44,400	NA	NA
Average Training fees	$2,500	NA	$1,445
Average Inventory fees	NA	NA	NA
Average Marketing fees	$468	$21,450	NA
Average Licenses and permits fees	NA	NA	$600
Average Insurance fees	NA	NA	$800
Average Admin fees	NA	NA	NA
Average Personnel fees	NA	NA	NA
Average Other fees	NA	$7,505	$12,000

Bottom line

MaidPro franchise costs run a total of $95,780. 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.