Maidenhead cleaning franchise set for UK-wide expansion

May 4, 2018

Molly Maid has secured an £800,000 funding package from HSBC to support its ambitious UK expansion plans.

The six-figure funding package from HSBC has been used to purchase assets, including the company’s Maidenhead HQ Molly Maid House, which was previously rented, and free-up capital.

It will also help Molly Maid reach up to 25 new markets across the UK in the next five years, making it one of the sector’s fastest growing businesses.

The company will be complementing existing franchise locations by opening its own sites, with a focus on the Midlands and the South of England.

Immediate plans include expansion into Southampton, Bristol, Cambridge and Banbury, following Molly Maid’s recent successful expansion in Norwich.

Related: Cleaning Franchises in the UK – Here’s All You Need to Know

Molly Maid UK president and CEO, Kevin Hipkins, said: “Driving national expansion is top of our agenda and with HSBC’s support, led by our relationship manager at the bank Tom Gooder, we’ve had the confidence to commit to an ambitious five-year growth plan.

“The move to expand will see us setting up a readymade business in target locations, enabling us to establish the Molly Maid brand in new regions and capitalise on the booming demand for professional household cleaning services. We estimate the industry is valued at more than £2.7bn and growing.”

Sharon Byde, HSBC’s area director for West London Business Banking, added: “Molly Maid’s fast-paced expansion plans show great ambition, with multiple new locations planned in the next five years.

“The brand is already well-known but with this new funding for its future plans, it’s set to become a household name nationally. We look forward to working with Kevin and his team to help the business reach its full potential in new locations across the UK.”

Source: BQ Live

Cleaning franchise firm plans to create 500 jobs over next three years

May 2, 2018

A firm which offers domestic housekeeping services is planning to create 500 new jobs as part of a major expansion.

Bright & Beautiful, which is part of the Dwyer Group, has a nationwide franchise network which has exceeded a £6million annual turnover this month, the highest since the company launched in Manchester in 2007.

The award-winning Cheadle business has added five new franchisees to its network already this year, taking it to 56 nationwide, employing over 500 people and delivering more than 10,000 home service cleans per month.

Bright & Beautiful now plans to create 500 new housekeeper roles by 2021, bringing the workforce to over 1,000.

Related: Cleaning Franchises in the UK – Here’s All You Need to Know

The company has also expanded its franchise support team to eight and the marketing department to a team of four, with additional head office recruitment planned for later in the year.

Bright & Beautiful’s franchise network turnover has grown by more than £1m since the company became part of the Dwyer Group in 2017.

The majority of the revenue growth is due to the expansion of the individual franchises locally and to the franchisees achieving ambitious business goals.

Bright & Beautiful has also developed a range of new revenue channels including seasonal and one-off client cleans.

Sue Moore, president of the firm, said: “As a business we have grown consistently since we began, fuelled by the fact that one in four UK households now relies on some form of domestic help.

“Our national growth strategy means that we are now on target to create a further 500 jobs across the UK over the next three years.

“Our franchise network has already created in excess of 500 professional housekeeping jobs which offer either full time working arrangements or family friendly part time hours.

“Ethical employment has long been a vital component of our business; in an industry where zero hours contracts or self-employment can be the norm, our professional housekeepers benefit from holiday pay, full employment rights and progressive career opportunities.

“These are jobs that are not only helping women and men into work and serving our local communities but are also contributing significantly to our regional and national economy.”

Source: The Business Desk