myhome business model

There are four distinctive income streams for Myhome International plc: franchise sales, royalty income, material sales and Master Franchise sales.

Franchise sales are when a successful franchisee candidate is awarded the rights to manage a Myhome Group franchise in a specific operating territory.

There have been over 400 territories awarded to date, but the territories are not awarded to just anyone. Each franchisee must pass a strict screening and selection process to ensure they have what it takes to be successful, and therefore maximise the Group’s success.

Royalty income is the ongoing payment that is paid each year by the franchisees, and is based on a percentage of the franchisees' turnover.

The real key to Myhome International plc’s success is the systems instilled in each franchise that give them predictable and steady growth.

Material sales represent certain unique cleaning agents that the franchisees are trained to use.

Master Franchise sales are the awards of franchise rights to other countries. Each sale is thoroughly considered, and must be strategically, as well as financially, advantageous.