216223 net income - Home Services Franchise Opportunity
Transcription
216223 net income - Home Services Franchise Opportunity
The initial investment was well worth it. We’ve progressed further and faster than I ever thought we would, and it has a lot to do with the help and support we got along the way. ~ James McKenna, Molly Maid owner Profile of the ideal candidate • Spends full-time in the business • Management and leadership experience 216,223 net income • Good communication and interpersonal skills $ • Customer-service oriented • Wants a proven and established system • Adequate financial resources The Molly Maid Advantage • Recession-resistant service business • Predictable recurring revenue through referral and repeat customers • Executive-model ownership—you’ll never clean a house • Scalable business creating equity and wealth • Financially rewarding—top 25% of owners average $1.2 million in annual sales • International brand-name recognition The Ms. Molly Foundation is a non-profit organization dedicated to assisting victims and families affected by domestic violence. Since its inception in 1996, Molly Maid franchise owners and corporate staff have generously provided hundreds of local shelters and safe houses with financial assistance and personal care items. As David McKinnon, CEO of Molly Maid, Inc., says, “Giving back to the communities we serve is a core value of the Molly Maid family.” • Exceptional support system from 25-year experienced franchisor • M-F workweek and daytime hours allow for a flexible, family-friendly lifestyle 3948 Ranchero Drive Ann Arbor, MI 48108 www.mollymaidfranchise.com 800-886-6559 New Item 19 Financial Performance Representations Molly Maid: A simple business with surprising rewards You won’t clean homes; you’ll manage the business to achieve your lifestyle and financial goals. Established owners who generated more than $1 million in gross sales in 2009 (see chart inside) realized an average net profit of $216,223. Molly Maid is a simple, recession-resistant business. While other franchise systems struggled to survive last year’s economy, the average weekly gross sales for our established owners remained stable. Repeat customers and recurring income are two reasons why Molly Maid owners are thriving Kristi Mailloux Alex Roberts | Ext. 540 Troy Molen | Ext. 516 Roy Billesbach | Ext. 520 President [email protected] Vice President, Franchise Development [email protected] Franchise Development Manager [email protected] Franchise Development Manager [email protected] Today’s dual-income families, single professionals, and busy seniors are on the go and more time-starved than ever. We help them trade housekeeping time for personal time. That’s why Molly Maid is a need and not a luxury expense. And with the recurring income from repeat customers, most Molly Maid owners can tell you with reasonable certainty what their revenues will be for the next six months. The business model is sound, the cash flow predictable, and you’ll experience the freedom and family-friendly lifestyle that few others enjoy. Item 19: Financial Performance Representations The operating model is sound, the cash flow predictable, and we’re in control of our destiny. But, I’d have to say the most important reason to franchise Molly Maid is it’s a simple, recessionresistant business. ~ Dave Poole, Molly Maid owner Million dollar owners earned an average net profit of $216,223 A business model that’s virtually recession resistant Average Profit and Loss Breakdown for Million Dollar Owners This chart shows the average profit and loss as a percentage of total budget achieved by Molly Maid owners who generated over $1,000,000 ($1,425,576 average sales revenue) in gross sales in 2009. Average Weekly Gross Sales by Year This chart shows the average weekly gross sales, by year, for all established owners. For this chart, we consider an owner to be established if they started operating on or before December 31, 2005. The average gross sales numbers are based on the gross sales figures for the calendar years 2006 – 2009, as reported by the owners through our proprietary franchise management software system. HSP Labor 49% $14,500 Office Labor 7% Insurance 3% $13,500 $12,500 $13,235 $13,358 2007 2008 $12,468 $11,773 $11,500 Auto Expenses 6% Available to Owner 15% $9,500 Advertising 4% $216,223 All Other 9% Cleaning Expenses 2% Royalties 5% 26 Molly Maid owners achieved gross sales exceeding one million dollars in 2009. The 18 owners represented in the chart above submitted their year-end profit and loss statements by February 15, 2010, and have been in business for four or more years. 13 of those 18 owners operated multiple Molly Maid franchises and each such owner’s results were consolidated for the purpose of this chart. The remaining 8 million-dollar owners were excluded because they failed to submit their year-end profit and loss statements by February 15, 2010. In 2009, one Molly Maid owner earned a net profit of $373,776. $10,500 Variations among owners may be caused by a variety of factors, such as location, demographics, general economic conditions, individual pricing, competition and other factors, as well as the efforts of the individual owner and their team. The results which appear in this item should not be considered as the actual, or probable sales, income, gross or net profits that will be realized by any franchisee. $8,500 $7,500 2006 2009 As of December 31, 2009, 90 of the 198 owners represented in this chart operated multiple Molly Maid franchises, and each such owner’s results are consolidated for the purposes of this chart. The information set forth in this brochure is published in our April 2010 Franchise Disclosure Document. In 2009, one Molly Maid owner averaged $53,849 in weekly gross sales—annualized that’s $2.8 million. The idea of no receivables and the recurring revenue from regular cleaning customers is too compelling. And unlike most companies where 80% of your business comes from 20% of your customers, all my customers are about the same size and reliably steady. ~ Tom Blank, Molly Maid owner Item 19: Financial Performance Representations The operating model is sound, the cash flow predictable, and we’re in control of our destiny. But, I’d have to say the most important reason to franchise Molly Maid is it’s a simple, recessionresistant business. ~ Dave Poole, Molly Maid owner Million dollar owners earned an average net profit of $216,223 A business model that’s virtually recession resistant Average Profit and Loss Breakdown for Million Dollar Owners This chart shows the average profit and loss as a percentage of total budget achieved by Molly Maid owners who generated over $1,000,000 ($1,425,576 average sales revenue) in gross sales in 2009. Average Weekly Gross Sales by Year This chart shows the average weekly gross sales, by year, for all established owners. For this chart, we consider an owner to be established if they started operating on or before December 31, 2005. The average gross sales numbers are based on the gross sales figures for the calendar years 2006 – 2009, as reported by the owners through our proprietary franchise management software system. HSP Labor 49% $14,500 Office Labor 7% Insurance 3% $13,500 $12,500 $13,235 $13,358 2007 2008 $12,468 $11,773 $11,500 Auto Expenses 6% Available to Owner 15% $9,500 Advertising 4% $216,223 All Other 9% Cleaning Expenses 2% Royalties 5% 26 Molly Maid owners achieved gross sales exceeding one million dollars in 2009. The 18 owners represented in the chart above submitted their year-end profit and loss statements by February 15, 2010, and have been in business for four or more years. 13 of those 18 owners operated multiple Molly Maid franchises and each such owner’s results were consolidated for the purpose of this chart. The remaining 8 million-dollar owners were excluded because they failed to submit their year-end profit and loss statements by February 15, 2010. In 2009, one Molly Maid owner earned a net profit of $373,776. $10,500 Variations among owners may be caused by a variety of factors, such as location, demographics, general economic conditions, individual pricing, competition and other factors, as well as the efforts of the individual owner and their team. The results which appear in this item should not be considered as the actual, or probable sales, income, gross or net profits that will be realized by any franchisee. $8,500 $7,500 2006 2009 As of December 31, 2009, 90 of the 198 owners represented in this chart operated multiple Molly Maid franchises, and each such owner’s results are consolidated for the purposes of this chart. The information set forth in this brochure is published in our April 2010 Franchise Disclosure Document. In 2009, one Molly Maid owner averaged $53,849 in weekly gross sales—annualized that’s $2.8 million. The idea of no receivables and the recurring revenue from regular cleaning customers is too compelling. And unlike most companies where 80% of your business comes from 20% of your customers, all my customers are about the same size and reliably steady. ~ Tom Blank, Molly Maid owner The initial investment was well worth it. We’ve progressed further and faster than I ever thought we would, and it has a lot to do with the help and support we got along the way. ~ James McKenna, Molly Maid owner Profile of the ideal candidate • Spends full-time in the business • Management and leadership experience 216,223 net income • Good communication and interpersonal skills $ • Customer-service oriented • Wants a proven and established system • Adequate financial resources The Molly Maid Advantage • Recession-resistant service business • Predictable recurring revenue through referral and repeat customers • Executive-model ownership—you’ll never clean a house • Scalable business creating equity and wealth • Financially rewarding—top 25% of owners average $1.2 million in annual sales • International brand-name recognition The Ms. Molly Foundation is a non-profit organization dedicated to assisting victims and families affected by domestic violence. Since its inception in 1996, Molly Maid franchise owners and corporate staff have generously provided hundreds of local shelters and safe houses with financial assistance and personal care items. As David McKinnon, CEO of Molly Maid, Inc., says, “Giving back to the communities we serve is a core value of the Molly Maid family.” • Exceptional support system from 25-year experienced franchisor • M-F workweek and daytime hours allow for a flexible, family-friendly lifestyle 3948 Ranchero Drive Ann Arbor, MI 48108 www.mollymaidfranchise.com 800-886-6559 New Item 19 Financial Performance Representations Molly Maid: A simple business with surprising rewards You won’t clean homes; you’ll manage the business to achieve your lifestyle and financial goals. Established owners who generated more than $1 million in gross sales in 2009 (see chart inside) realized an average net profit of $216,223. Molly Maid is a simple, recession-resistant business. While other franchise systems struggled to survive last year’s economy, the average weekly gross sales for our established owners remained stable. Repeat customers and recurring income are two reasons why Molly Maid owners are thriving Kristi Mailloux Alex Roberts | Ext. 540 Troy Molen | Ext. 516 Roy Billesbach | Ext. 520 President [email protected] Vice President, Franchise Development [email protected] Franchise Development Manager [email protected] Franchise Development Manager [email protected] Today’s dual-income families, single professionals, and busy seniors are on the go and more time-starved than ever. We help them trade housekeeping time for personal time. That’s why Molly Maid is a need and not a luxury expense. And with the recurring income from repeat customers, most Molly Maid owners can tell you with reasonable certainty what their revenues will be for the next six months. The business model is sound, the cash flow predictable, and you’ll experience the freedom and family-friendly lifestyle that few others enjoy.