Men in Kilts Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$98,600 - $151,450
Total US Locations
23
Business Summary
Men In Kilts franchisees operate a business that provides exterior home and commercial services, including window cleaning, gutter cleaning, pressure washing, siding cleaning, and snow removal. The services are offered to the public, primarily targeting households with incomes over $100,000 and the general business community.
Corporate History
Men In Kilts US, LLC was formed on February 22, 2019, as a Massachusetts limited liability company. The company began offering Men In Kilts franchises in March 2019. It acquired the United States intellectual property rights to the Men In Kilts brand from Men In Kilts Franchise Services Inc. (MIKFS), a Canadian franchisor that had offered US franchises since 2011. Effective August 27, 2021, Men In Kilts' membership interests were acquired by Threshold Brands, LLC, a subsidiary of HS Group Holding Company, LLC, which is majority owned by various private equity funds managed by The Riverside Company.
Financial Overview
Investment Range
$98,600 - $151,450
Franchise Fee (High)
$38,000
Royalty %
6%
Marketing %
2%
Equipment Costs (Low)
$8,500
Equipment Costs (High)
$20,850
Working Capital
$33,050
Audited Financials
Yes
Offers Financing
Yes
Audit Opinion
Unqualified opinion
Financial Health Notes
Men In Kilts' parent company, HS Group Holding Company, LLC, reported a consolidated net loss of approximately $13 million for the year ended December 31, 2024. The company has significant negative working capital, indicating that its current liabilities are substantially higher than its current assets. A large portion of its long-term debt, including a balloon payment, is due by December 23, 2025, and management is actively negotiating an extension with the lender. Additionally, the company restated its members' equity at the beginning of 2024 to correct a prior misstatement, resulting in a decrease of nearly $1.9 million. These factors suggest potential financial challenges for Men In Kilts' parent company.
Financing Details
Men In Kilts offers financing exclusively for the initial franchise fee. Qualified franchisees may finance up to the full $38,000 initial franchise fee through a promissory note. This note requires monthly installments for up to 24 months and charges an annual interest rate of 12%. The franchisee's owners must also guarantee the payment of all amounts under the promissory note. Men In Kilts does not offer any other financing, such as for equipment or working capital.
Performance Metrics
Total US Locations
23
Franchised Units
23
Corporate Units
0
Franchising Since
2019
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Men In Kilts has no litigation history to report, as no litigation is required to be disclosed in Item 3 of its Franchise Disclosure Document.
Bankruptcy History
Men In Kilts has no bankruptcy history to report for the franchisor or its management team, as no bankruptcy information is required to be disclosed in Item 4 of its Franchise Disclosure Document.
Agreement Terms
Initial Term
7 years
Renewal Term
7 years
Renewal Conditions
To renew their franchise, Men In Kilts franchisees must provide written notice of their intent to renew at least six months before the agreement expires. They must be in good standing, meaning they have no outstanding defaults under their current agreements and have not received three or more notices of default during the term. Franchisees must have paid all royalties, fees, and other amounts due to Men In Kilts and its affiliates. Finally, they must sign the then-current franchise agreement, which may contain different terms, and pay a renewal fee of $2,500.
Training & Support Program
Franchisor Assistance
Men In Kilts provides franchisees with a range of assistance. Before opening, Men In Kilts designates the franchise territory, offers input on location selection (though the franchisee selects the site), and provides standards and specifications for various business items like insurance, vehicles, and uniforms. Franchisees also receive an initial training program and access to operations manuals and employee training materials. After opening, Men In Kilts provides examples of advertising materials, guidance on administrative, bookkeeping, accounting, and general operating procedures. Franchisees also receive reasonable telephone and email support, various forms and templates, website and business profile management support services (for a fee), and call-routing services (for a fee).
Initial Training Hours
223
Training Location
Hybrid (remote/virtual and in-person at franchisee's territory or other designated location)
Ongoing Support
After opening, Men In Kilts franchisees receive ongoing support through various channels. This includes reasonable telephone and email assistance for operating issues, access to updated forms and templates, and website and business profile management support services (for which fees apply). Franchisees also pay for call-routing services. Men In Kilts may offer or require franchisees and their managers to attend additional training programs or conferences, for which registration fees may apply. On-site training can also be provided at the franchisee's location, for which the franchisee must cover expenses and an hourly rate for Men In Kilts personnel.
Franchise Requirements
Ideal Candidate Profile
Men In Kilts seeks hands-on franchisees or Operating Principals who will directly supervise the business full-time, dedicating their best efforts to its operation. Candidates, or their Operating Principals, must successfully complete the initial training program. If the franchisee is an entity, the Operating Principal must own a majority interest in the business. General Managers, if employed, also require approval and completion of initial training. Franchisees are expected to operate the business according to Men In Kilts' specified hours.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Full-Time
Territory Type
Non-Exclusive
Territory Size Requirements
Each Men In Kilts franchise territory is a defined geographical area containing approximately 100,000 'Qualified Households' at the time the franchise is granted. A 'Qualified Household' is defined as a household with a gross annual income exceeding $100,000. The number of these households within a territory is determined using census data and customer analytic profiling.
Staffing Notes
The Men In Kilts franchisee or their Operating Principal, if the franchisee is a business entity, must directly supervise the business at all times and dedicate full-time effort to its operation. Any General Manager must be approved by Men In Kilts and must successfully complete the Initial Training Program before they can manage the franchised business. Men In Kilts franchisees are solely responsible for all employee-related decisions, including hiring, wages, benefits, hours, scheduling, firing, discipline, supervision, and record-keeping. Men In Kilts emphasizes that it is not a 'joint employer' of the franchisee's employees and does not control personnel policies.