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Below is an in-depth analysis and side-by-side comparison of CottageCare vs The Maids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $49,500 - $75,500 | $64,100 - $154,300 |
Franchise Fee | $9,500 - $17,000 | $12,500 |
Royalty Fee | 5.5% | 3.9-6.9% |
Advertising Fee | - | 2% |
Year Founded | 1988 | 1979 |
Year Franchised | 1989 | 1980 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | $3K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | We provide extensive training including seven weeks of pre-training, 10 days of classroom and field training and three days in the franchisee's market conducting The Maids Power Training |
Support | Newsletter, Meetings, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | - | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
68% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | Yes |