FranchiseVerdict
Merry Maids logo
FV-01618·STRONGExcellent95

Merry Maids

Cleaning - Commercial & JanitorialFranchising since 1980Website
Investment
$127K – $170K
62nd pct Commercial & …
Avg revenue
$487K
21st pct Commercial & …
Royalty
7.0%
31st pct Commercial & …
Units
802
94th pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $127K – $170K including a $55K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $487K/year (median $427K).
  • Rated STRONG with a risk score of 37/100. SBA loan default rate of 0.0% across 153 loans (below the industry average).
  • System growing at 1800% CAGR over 3 years with 802 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
MERRY MAIDS SPE LLC
Parent company
RW Parent LLC
Incorporated in
Delaware
HQ
One Glenlake Parkway, 14th Floor, Atlanta, Georgia 30328
Auditor
PricewaterhouseCoopers LLP
Audited financials
Franchisor revenue
$19.3M
Most recent fiscal 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 Merry Maids unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $487,441
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: $127K–$170K
Working capital
$
FDD reports $38K–$43K

Unlevered ROIC · per unit

28%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$52K
EBITDA margin
10.7%
Total invested
$189K
Payback
43 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 Merry Maids 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

$361K

on $1.8M purchase

Total debt

$1.4M

SBA $0.9M + senior + seller note

Overview

About

Merry Maids franchisees operate residential and light commercial cleaning services, managing teams of trained cleaners who service customer homes on recurring schedules. Day-to-day responsibilities include customer acquisition/retention, staff scheduling, quality control, equipment/supply management, and local marketing. The model is labor-intensive and territory-dependent.

CEO
Jon Nobis
Founded
2020
FDD year
2025
States available
45

Item 7 · what it costs

The Vitals

Total investment
$127K – $170K
All-in to open one unit
Liquid capital
$38K – $43K
Cash you must have on hand
Franchise fee
$55K
Royalty
7.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
1.3%
typical 3–5%
Total fee load
8.3%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$487K
Per unit, per year
Median gross sales
$427K
Item 19 type
Qualified Franchises
Sample size
306 units
vs category median 32 · large
Range (low → high)
$43K$1.8M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank21th
vs Cleaning - Commercial & Janitorial peers
Investment cost rank62th
Lower investment ranks lower (better)
Royalty rate rank31th
Lower royalty = lower percentile (better)
Unit count rank94th
vs Cleaning - Commercial & Janitorial peers
Risk score rank2th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
802
Opened
8
Last reporting year
Closed
90
Turnover rate
11.2%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+7.0%
Net unit change last year
3-yr CAGR
+18.0%
Compounded over last 3 years
2023
946-82
Franchised units
2024
884
Franchised units
2025
802
Franchised units

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

Item 20 · 17 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
Available · 17 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
153
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

37
Risk · 0-100
STRONG37 / 100

Established brand with solid unit base, but undisclosed profitability metrics, corporate litigation exposure, and slowing growth warrant careful validation of actual franchisee earnings.

Score breakdown · what drove the 37 / 100 rating

  1. 01MEDNet income not disclosed in FDD Item 19 — cannot validate profit claims against $487K average revenue
  2. 02HIGHParent company litigation involving affiliate brands (no-poaching, cybersecurity) signals corporate governance and legal exposure risks
  3. 03MINOR7% YoY unit growth is modest for a 802-unit system; suggests market saturation or franchisee churn concerns
  4. 04MINORHigh initial investment ($126.8K–$170.1K) plus 7% royalty leaves thin margins if net income is below 20–25% of revenue

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Geographic
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
3
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
1 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Georgia

Item 11

Training & Operations

Classroom training
80 hrs
On-the-job training
0 hrs
POS system
Merry Maids 360 (MM360)
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

48 numbers

Locked
(925) 685-••••
CA
(520) 306-••••
AZ
(501) 221-••••
AR

One-time purchase · CSV download · Validation questions included

FDD download

Merry Maids · FDD (2025) PDF

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