MaidPro, a fast-growing franchisor of home cleaning businesses, continues to climb rapidly in Entrepreneur’s Annual Franchise 500 rankings. After showing at #242 back in 2010, MaidPro has advanced a total of 61 spots in three years and, at #181 in 2013, earns its first rank below 200.
In 2012, MaidPro also earned a rank of #30 in Entrepreneur’s 2012 Low-Cost Franchises, which shows the top-scoring 100 franchises requiring less than $50,000 to start up. MaidPro was the only home cleaning franchisor to qualify in the Low Cost category in 2012.
Entrepreneur’s annual ranking evaluates a wide variety of franchising opportunities – automotive, food, healthcare, home improvement, education, recreation, retail, hospitality, maintenance and more, using a mathematical formula that considers financial strength, stability, growth rate and size of franchise system. “All companies, regardless of size, are judged by the same criteria: objective, and quantifiable measures of the franchise operation,” says Entrepreneur, noting also that: “Only companies that supply full Franchise Disclosure Documents (FDDs) or Canadian Disclosure Documents whose information is verified by Entrepreneur can be listed in this issue.”
“We are thrilled,” says MaidPro Vice President of Planning and Development Chuck Lynch, “that Entrepreneur’s objective analysis shows MaidPro continuing to gain ground across a host of financial stability and growth metrics while also maintaining our position as the most cost-accessible franchise opportunity for people who are looking to start home cleaning businesses. When you add MaidPro’s state-of-the art operating software, support systems and high franchisee satisfaction scores into the mix, we really believe that MaidPro has become THE company to beat in the market for cleaning franchises.”