Franchise News Release: Arlington, VA - (Jun-26-2006)


FRANdata Resident Cleaning Franchises Growing at a 10% Cip


A just released report shows Franchise unit growth in the residential cleaning sector is growing at a 10% cmpounded growth rate, according to FRANdata, an information company in Arlington, VA. In the five (5) years from 2001-2005 inclusive, the Franchising systems in this sector had franchised unit growth of 47%.

Some additional highlights:

  • There are 14 franchise systems that focus primarily in the residential market
  • Collectively, these systems represent nearly 3,000 franchised units and have another 180 company units
  • Over the five years 2001-2005, these systems averaged less than a 1% fanchised unit cancellation rate
  • Merry Maids and The Maids have a combined 55% mrket share

COMPANY BACKGROUND
Founded in 1989, FRANdata is the franchise industry's number one source for objective information and analysis. FRANdata receives no advertising or other fee arrangements that might influence its objectivity. With a library of more than 18,000 Uniform Franchise Offering Circulars (UFOCs), FRANdata supports the research and competitive intelligence functions of franchisors, helps franchisees evaluate different concepts, provides information and analysis for legal and financial organizations, and provides marketing access to franchisors and franchisees.




 

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