Buying a Molly Maid franchise: SBA acquisition loan data
Since FY2018, SBA lenders have approved 16 7(a) loans to buy an existing Molly Maid (classified mostly as Janitorial Services), totaling $7M. The median loan was $402,500, 38% lower than the $645,250 median for all SBA-financed acquisitions. 3 of these loans were approved in the last two fiscal years.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
What this tells a buyer
- Price range to expect. Loan size tracks purchase price. Half of Molly Maid resale loans landed between $230,250 and $610,425.
- Lender experience exists. Byline Bank alone has financed 3 Molly Maid resales.
- Guaranty. The SBA guaranteed 75% of the dollars lent here.
- What the file leaves out. The SBA file does not record franchisor transfer terms or fees.
Financing a Molly Maid resale
The median SBA 7(a) loan for a Molly Maid resale was $402,500 across 16 loans (FY2018 to FY2026). Byline Bank, Live Oak Banking Company and The Huntington National Bank have financed the most Molly Maid resales. Too few of these loans are old enough to measure a charge-off rate; the average for all SBA acquisition loans is 3.5%.
Molly Maid acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $424K | $211,950 | |
| FY2019 | 3 | $1.1M | $405,000 | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 0 | $0 | - | |
| FY2022 | 2 | $1.7M | $849,000 | |
| FY2023 | 5 | $2.5M | $400,000 | |
| FY2024 | 1 | $500K | $500,000 | |
| FY2025 | 1 | $594K | $593,900 | |
| FY2026 | 2 | $241K | $120,500 |
How often do these acquisition loans fail?
Fewer than 20 Molly Maid acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Lenders financing Molly Maid resales
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Byline Bank | 3 | 18.8% | $2.4M | |
| 2 | Live Oak Banking Company | 3 | 18.8% | $1.5M | |
| 3 | The Huntington National Bank | 3 | 18.8% | $365K | |
| 4 | Citizens Bank | 2 | 12.5% | $800K | |
| 5 | ACC Capital | 1 | 6.3% | $594K | |
| 6 | Core Bank | 1 | 6.3% | $479K | |
| 7 | Valley National Bank | 1 | 6.3% | $405K | |
| 8 | Stearns Bank National Association | 1 | 6.3% | $300K | |
| 9 | Wells Fargo Bank National Association | 1 | 6.3% | $235K |
States where Molly Maid units are bought
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
How lenders classify Molly Maid
Lenders code each loan to a NAICS industry. For Molly Maid the codes used were:
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Janitorial Services | 15 | 93.8% | $6.9M | |
| 2 | All Other Personal Services | 1 | 6.3% | $124K |
Questions buyers ask
How much do buyers borrow to buy a Molly Maid franchise?
The median SBA 7(a) loan for a Molly Maid resale was $402,500 across 16 loans (FY2018 to FY2026). The middle half of loans ran from $230,250 to $610,425. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Molly Maid acquisitions?
Byline Bank has made the most SBA acquisition loans for Molly Maid (3, 19% of the total). Live Oak Banking Company, The Huntington National Bank, Citizens Bank follow.
What interest rate and term do Molly Maid acquisition loans carry?
The average initial rate at approval was 9.10% (a blend of fixed and variable loans across several rate environments, so treat it as context, not a quote). The median term was 10 years.
Is a Molly Maid resale riskier than other SBA-financed acquisitions?
Too few Molly Maid acquisition loans are old enough to measure. The benchmark for all SBA acquisition loans is 3.5% charged off in the FY2018 to FY2021 cohort.
Where are Molly Maid units being bought with SBA loans?
Ohio (4), Kansas (2), Maryland (2), Nevada (1), Illinois (1). State counts follow where the brand has units and where SBA lending is most active generally; see the state pages for the overall picture.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Janitorial Services acquisitions
- Ohio acquisitions
- Kansas acquisitions
- Maryland acquisitions
- Byline Bank
- Live Oak Banking Company
- The Huntington National Bank
- All franchise brands
Brand name as recorded by lenders in the SBA file: "Molly Maid" (franchise code S1121). Figures are aggregates of public SBA data and are not provided or endorsed by the franchisor.