Cleaning company sells Irish master franchise

MYHOME International plc, a British-based company which specialises in residential cleaning services, has sold its master franchise licence for Ireland for €218,000.

The move marks the first time the OFEX-listed company has sold an international master franchise agreement. A Dublin-based holding company, Spolar Ltd run by businessmen David Lowe and Gary Matthews will run the business in Ireland.

The company will trade here as Pristine.ie, so as to avoid any conflict of interest with the well-known online property company MyHome.ie.