SERVPRO
SERVPRO is a national leader in cleaning and restoration services. SERVPRO’s niche is the insurance restoration market, which accounts for a large portion of the diversified mix of residential and commercial services.
SERVPRO franchisees provide professional residential and commercial cleaning, deodorization, and restoration of premises and content damaged by fire, flood and other causes, as well as other related services.
Background:
Year Established: 1967
Year First Franchised: 1969
Franchised Units: Over 1,427
Company Owned Units: 0
Projected New Units: 1,527
States/Countries Registered In: Entire United States
States, Countries or Geographical Areas from which Broker Referrals are not being accepted: Connecticut, Delaware, & New Hampshire
Financial/Terms
Cash Investment: $55,000 minimum
Total Investment: $102,250 - $162,900
Minimum Net Worth: N/A
Franchise Fee: $40K
Discounts: VetFran, Women, and Minorities: N/A
Royalty: 10% -3% of gross volume placed on a sliding scale
Ad: 3%
Average # of Employees: 5-7
Passive Ownership Allowed: No
Earnings Claim: No
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