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Below is an in-depth analysis and side-by-side comparison of Maintenance Made Simple vs Newcomers Welcome Service including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $35,300 - $64,800 | $39,500 - $50,000 |
Franchise Fee | $20,000 | $25,000 |
Royalty Fee | 6% | $3-5/visit |
Advertising Fee | 2% | - |
Year Founded | 2003 | 1960 |
Year Franchised | 2003 | 2007 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | * Franchise can be run from home * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Most of us already instinctively know what we spent over a year researching; specifically, that homeowners just aren't happy with home improvement companies. That's why Maintenance Made Simple was founded on the belief that home improvement shouldn't entail no-show repairmen, arbitrary pricing schemes, consistently dissatisfying experiences and a permeating absence of professionalism. We've built a new home maintenance industry from the ground up, with customer service, prompt service calls, reliable work and reasonable rates as our calling cards. And, surprisingly enough, it caught on fast. Now, Maintenance Made Simple is one of the fastest growing franchise systems in the home repair and remodeling industry. In fact, Entrepreneur Magazine just named the company as one of the top 500 franchises of 2008. Of course, with all this growth comes the need for quality franchisee candidates to carry on Maintenance Made Simple's tradition of excellence in home maintenance and repair. Which is why we're looking for entrepreneurial visionaries like you. Expand Your Network In areas that are franchised, Maintenance Made Simple develops strategic alliances with qualified contractors in every aspect of the home repair and remodeling industry.
Your Community Knowledge is In Demand. Every year, over 40 million people move into new a new home or rental property in the United States. That's 40 million people who have to figure out where to buy groceries, get their hair cut, go to the dentist, etc... Meanwhile, local folks like you, who have lived in the area for some time, possess a wealth of knowledge that could take these Newcomers years to accumulate. You know which shops are the hidden gems and which community groups are worthwhile. Now you can build a business by sharing this knowledge.