FranchiseVerdict
Men In Kilts logo
FV-01613·STRONGExcellent95

Men In Kilts

Cleaning - Commercial & JanitorialFranchising since 2019Website
Investment
$101K – $148K
44th pct Commercial & …
Avg revenue
$209K
3rd pct Commercial & …
Royalty
6.0%
10th pct Commercial & …
Units
47
45th pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $101K – $148K including a $38K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $209K/year (median $191K).
  • Rated STRONG with a risk score of 50/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Men In Kilts, US, LLC
Parent company
Threshold Brands, LLC
Incorporated in
Massachusetts
HQ
17700 St. Clair Avenue, Cleveland, Ohio 44110
Auditor
Plante & Moran, PLLC
Audited financials
Franchisor revenue
$46.2M
vs $49.0M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Men In Kilts unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $209,277
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $101K–$148K
Working capital
$
FDD reports $25K–$50K

Unlevered ROIC · per unit

14%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$23K
EBITDA margin
11.0%
Total invested
$162K
Payback
85 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Men In Kilts units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$167K

on $837K purchase

Total debt

$670K

SBA $0.4M + senior + seller note

Overview

About

Men In Kilts franchisees operate a residential cleaning service, managing a team of cleaners who perform house cleanings under the branded name. Day-to-day operations include client scheduling, crew dispatch, quality oversight, and customer service in a local protected territory.

CEO
Theodore Demarino
Founded
2019
FDD year
2026
States available
9

Item 7 · what it costs

The Vitals

Total investment
$101K – $148K
All-in to open one unit
Liquid capital
$25K – $50K
Cash you must have on hand
Franchise fee
$38K
Royalty
6.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$209K
Per unit, per year
Median gross sales
$191K
Item 19 type
Gross Sales
Sample size
11 units
vs category median 32 · small
Range (low → high)
$63K$489K
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank3th
vs Cleaning - Commercial & Janitorial peers
Investment cost rank44th
Lower investment ranks lower (better)
Royalty rate rank10th
Lower royalty = lower percentile (better)
Unit count rank45th
vs Cleaning - Commercial & Janitorial peers
Risk score rank34th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
47
Opened
6
Last reporting year
Closed
2
Turnover rate
4.3%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+9.3%
Net unit change last year
3-yr CAGR
+11.9%
Compounded over last 3 years
2024
47+4
Franchised units
2025
43
Franchised units
2026
42
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 22 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 22 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
4
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

50
Risk · 0-100
STRONG50 / 100

Slow-growth service franchise with regulatory compliance issues in parent company, missing critical financial disclosures, and royalty structure that may strain profitability.

Score breakdown · what drove the 50 / 100 rating

  1. 01MINORNo Item 19 (Average Unit Volume) disclosure prevents ROI validation against $101k-$148k investment
  2. 02MINORParent company affiliate (MaidPro) regulatory violation in 2025 raises compliance concerns across franchise system
  3. 03MEDSlow unit growth (9.3% YoY) with only 47 units suggests limited brand traction and scalability questions
  4. 04MINOR6% royalty on gross sales (not net) creates cash flow pressure in service-based business with variable margins
  5. 05MEDNet income not disclosed — cannot assess profitability or payback period against stated investment

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Qualified Households
Protected territory
Yes
Initial term
7 years
Renewal term
7 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
1.5 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Ohio

Item 11

Training & Operations

Classroom training
38 hrs
On-the-job training
45 hrs
POS system
QuickBooks Online
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

38 numbers

Locked
(360) 902-••••
WA
(305) 619-••••
FL
(804) 371-••••
VA

One-time purchase · CSV download · Validation questions included

FDD download

Men In Kilts · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above