Made This

3 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 28, 2021 by Neil Parak · across every show →

Everything said about Made This, oldest first

Jul 28, 2021 neutral
Assertion Supported
MaidThis operates two corporate locations and two franchise locations
“So now I am running two corporate locations for this and we have two franchises as well. So we just started the franchise operations a few months ago.”
Neil Parak Jul 28, 2021 ▶ 0:28 Cleaning Marketplace Hits $1.2m ARR, Now Scaling with $35k Franchises
Jul 28, 2021
Disclosure
Parak: MaidThis has been bootstrapped with zero outside capital
“Bootstrap, bootstrapped from day one. And the great part about the business model is like, it is pretty lean, right? You get a job, you do the marketing at the beginning, but it's highly recurring revenue. So especially when you get that client in, you keep th…”
Neil Parak Jul 28, 2021 ▶ 6:53 Cleaning Marketplace Hits $1.2m ARR, Now Scaling with $35k Franchises
Jul 28, 2021
Disclosure
MaidThis pays 50% to 60% of cleaning fees to contractors
“So it does depend on the cleaner, but you're going to, you're looking at roughly 50 to 55%, maybe up to 60%. If we're outsourcing to a company, it could be even more, but like, let's say 50 to 60% is typically what you're pushing out to the cleaner.”
Neil Parak Jul 28, 2021 ▶ 5:18 Cleaning Marketplace Hits $1.2m ARR, Now Scaling with $35k Franchises
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