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Molly Maid franchise financing options

Compare costs, fees and where to get financing for a Molly Maid.

Overall costs for Molly Maid run anywhere from $83,700 to $120,700. 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 Molly Maid franchise may result in higher or lower fees.

Franchise fees

Molly Maid franchise fees total around $75,150, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial franchise fee $14,900 to $14,900
Territory fee $45,000 to $65,000
Initial startup package $5,000 to $5,500
Estimated total $64,900 to $85,400

Equipment fees

Equipment fees total $10,250 for Molly Maid. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Auto lease deposit and three months' lease expense $3,000 to $5,500
Computer hardware package $2,000 to $4,000
Fixtures, furniture and equipment $2,500 to $3,500
Estimated total $7,500 to $13,000

Real estate fees

Real estate will set you back $8,000 for Molly Maid, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Leasehold improvements $1,000 to $5,000
Real estate, utility deposits and three months' rent $4,000 to $6,000
Estimated total $5,000 to $11,000

Training fees

Molly Maid initial training costs total $4,500, which comes in under the nationwide average of $9,788.
Training Cost
Training expenses, including travel, food and lodging $4,000 to $5,000
Estimated total $4,000 to $5,000

Licenses and permits costs

Molly Maid initial licenses and permits will set you back $550. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Permits and licenses $100 to $1,000
License fee 3 u2013 6.5% of gross sales except for roll-in sales. In addition, minimum license fees apply.
Estimated total $100 to $1,000

Insurance costs

Initial insurance costs for Molly Maid run $3,750. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Three months' insurance and deposit $2,200 to $5,300
Estimated total $2,200 to $5,300
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 Molly Maid is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Molly Maid franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Molly Maid 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 $102,200 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?

You have several options when it comes to financing a Molly Maid — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Molly Maid opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if Molly Maid 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 $83,700. 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.
Name Product Filter Values Min. Amount Max. Amount Requirements
Biz2Credit business loans
6+ months in business; $150,000+ monthly revenue; 500+ credit score
Get only the capital you need through secure, prescreened lenders with this highly rated company offering SBA, expansion, working capital and other loans.
OnDeck short-term loans
600+ personal credit score, 1 year in business, $100,000+ annual revenue, active business checking account
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.

Compare up to 4 providers

How Molly Maid stacks up

Compare how Molly Maid holds up against two similarly sized franchises.
Menchie's Molly Maid Pet Supplies Plus
Average Franchise fees $40,000 $75,150 $49,900
Average Equipment fees $81,562 $10,250 $180,750
Average Real estate fees $142,184 $8,000 $292,500
Average Training fees $1,613 $4,500 $6,000
Average Inventory fees $6,300 NA NA
Average Marketing fees $4,250 NA $25,000
Average Licenses and permits fees NA $550 NA
Average Insurance fees $1,350 $3,750 NA
Average Admin fees NA NA $15,500
Average Personnel fees $900 NA $22,500
Average Other fees $21,000 NA $90,000

Bottom line

Molly Maid franchise costs run a total of $102,200. 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.

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