Thinking of selling your Maid Service Franchise? What you need to know.

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March 03, 2010 by Dan Munter

There are 14 franchise enterprises that focus primarily in the residential market. According to a recent report from information company FRANdata, the franchises of residential cleaning companies are growing at annual rate of 10% .
There are two main Rules of Thumb for valuing these businesses.
• 40% to 45% of annual sales plus inventory.
• 1.5 times DE (Discretionary Earnings).
Other selling points would be the exclusivity of the territory assigned to the franchise. How long the franchise has been established for. How long any competing franchises have been established in the same territory. And if there is any open territories in surrounding areas.
If you would like to learn more, please contact me at dmunter@bizex.net.

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Dan Munter

4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 121
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Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations