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The Maids Home Services franchise financing options

Compare costs, fees and where to get financing for a The Maids Home Services.

Overall costs for The Maids Home Services run anywhere from $63,200 to $151,300. 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 The Maids Home Services franchise may result in higher or lower fees.

Franchise fees

The Maids Home Services franchise fees total around $49,550, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial license fee $12,500 to $12,500
Initial territory fee $7,600 to $66,500
Estimated total $20,100 to $79,000

Equipment fees

Equipment fees total $15,575 for The Maids Home Services. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Smart-start package $9,900 to $9,900
Computer hardware $1,600 to $2,500
Office fixtures, decorating and furniture $1,000 to $3,000
Telephone $200 to $750
Washer and dryer $800 to $1,500
Estimated total $13,500 to $17,650

Real estate fees

Real estate will set you back $1,500 for The Maids Home Services, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Office security deposit $500 to $2,500
Estimated total $500 to $2,500

Training fees

The Maids Home Services initial training costs total $3,900, which comes in under the nationwide average of $9,788.
Training Cost
Wages, travel and living expenses during smart start training $1,100 to $6,700
Estimated total $1,100 to $6,700

Insurance costs

Initial insurance costs for The Maids Home Services run $2,700. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance deposit $2,200 to $3,200
Estimated total $2,200 to $3,200

Administrative fees

The Maids Home Services administrative fees total up to $1,000 — which comes in under the overall nationwide average of $6,761.
Admin Cost
Startup professional services $500 to $1,500
Technology fee Currently 0.25% of Gross Revenues, may be increased to 1% of Gross Revenues, with a cap of $15,000 per franchisee per year.
Costs and attorneys' fees Will vary under the circumstances.
Estimated total $500 to $1,500

Other expenses

Miscellaneous expenses for The Maids Home Services total $33,025 — less than the nationwide average of $69,970.
Other Cost
Three months' additional funds $25,300 to $40,750
Estimated total $25,300 to $40,750
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 The Maids Home Services is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the The Maids Home Services franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to The Maids Home Services 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 $107,250 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 The Maids Home Services — 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 The Maids Home Services 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 The Maids Home Services 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 $63,200. 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
$25,000
$6,000,000
6+ months in business; $100,000+ 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
$5,000
$250,000
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
$5,000
$500,000
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
$500
$5,000,000
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
$10,000
$5,000,000
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.
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How The Maids Home Services stacks up

Compare how The Maids Home Services holds up against two similarly sized franchises.
CruiseOne/Dream Vacations The Maids Home Services Krispy Kreme
Average Franchise fees $4,900 $49,550 $18,750
Average Equipment fees $2,175 $15,575 $825,000
Average Real estate fees NA $1,500 $1,830,000
Average Training fees $548 $3,900 $47,500
Average Inventory fees NA NA $45,000
Average Marketing fees $725 NA $35,000
Average Licenses and permits fees $325 NA NA
Average Insurance fees NA $2,700 NA
Average Admin fees $628 $1,000 NA
Average Personnel fees NA NA NA
Average Other fees $1,500 $33,025 $87,500

Bottom line

The Maids Home Services franchise costs run a total of $107,250. 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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