How much does Servpro in the United States pay? Average Servpro hourly pay ranges from approximately $11.00 per hour for Drywall Hanger to $27.30 per hour for Staff Accountant. The average Servpro salary ranges from approximately $24,754 per year for Service Technician to $123,970 per year for Senior Programmer Analyst.
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How much do SERVPRO franchise owners make?
Average Servpro Store Owner yearly pay in the United States is approximately $107,131, which is 39% above the national average.
How much does a ServiceMaster franchise make?
ServiceMaster Franchise Owners earn $47,000 annually, or $23 per hour, which is 24% lower than the national average for all Franchise Owners at $60,000 annually and 34% lower than the national salary average for all working Americans.
How much is a SERVPRO franchise worth?
Are you wondering how much is a Servpro franchise? Before starting a Servpro franchise, it is important to know the franchise fee, working capital and other costs required to start the business. The minimum investment amount required to open a Servpro franchise is $216,905 and can go all the way up to $216,905.
Is SERVPRO a good franchise?
A trusted leader in the restoration industry, SERVPRO is ranked in the top 8 franchises in Entrepreneur's 2022 Franchise 500® and #1 in the restoration category. With more than 2,000 Franchises, SERVPRO has earned the reputation as #1 choice in the multi-billion-dollar cleanup and restoration industry.
How much does it cost to start a cleaning franchise?
Initial franchise fees are generally in the range of $10,000 to $50,000 for cleaning franchises and are disclosed before signing in the franchise disclosure documents. For most franchises, the initial fee is not negotiable, but the amount of the franchise fee is ultimately whatever the two parties agree on.
How much is ServiceMaster worth?
Market cap: $5.39 Billion As of October 2022 ServiceMaster has a market cap of $5.39 Billion. This makes ServiceMaster the world's 2085th most valuable company by market cap according to our data.
How much is it to buy a SERVPRO?
What Does a SERVPRO Franchise Cost? To buy a franchise with SERVPRO, you'll need to have at least $40,000 in liquid capital. Franchisees can expect to make a total investment of $159,000 - $213,000. SERVPRO charges a franchise fee of $49,000 / Equipment Costs $67,000.
How do I become a SERVPRO owner?
The estimated initial investment required to open a SERVPRO franchised restaurant is $159,325 to $213,200, including an initial franchise fee of $49,000. Franchise owners must have at least $100,000 to $105,000 in cash or liquid assets to qualify.
Who are SERVPRO competitors?
Servpro Industries competitors include Chem-Dry, Stanley Steemer, ServiceMaster and Angi.
How many SERVPRO franchises are there?
1,900 franchisesAt SERVPRO, we are proud to offer our customers the industry-leading level of service. Each of our nearly 1,900 franchises offer a broad variety of opportunities to help, to serve, and to repair and restore people's homes and businesses.
What company owns SERVPRO?
BlackstoneBlackstone acquires a majority stake in SERVPRO as part of Blackstone's Core Private Equity strategy, which is designed to hold investments for much longer periods of time than traditional private equity.
What kind of business is SERVPRO?
water cleanup and restoration franchisesServpro is a franchisor of fire and water cleanup and restoration franchises in the United States and Canada. The franchise system provides localized services as well as large-scale disaster recovery. It is headquartered in Gallatin, Tennessee.
How many SERVPRO franchises are there?
1,900 franchisesAt SERVPRO, we are proud to offer our customers the industry-leading level of service. Each of our nearly 1,900 franchises offer a broad variety of opportunities to help, to serve, and to repair and restore people's homes and businesses.
Who owns SERVPRO?
BlackstoneBlackstone acquires a majority stake in SERVPRO as part of Blackstone's Core Private Equity strategy, which is designed to hold investments for much longer periods of time than traditional private equity.
Do people feel that they are paid fairly for their work at Servpro?
Indeed’s Work Happiness survey asked over 1,506 current and former employees whether they feel they are paid fairly for their work. Of the responde...
Do you receive overtime pay for your role at Servpro?
Indeed’s survey asked over 15 current and former employees what the overtime policy was for their role at Servpro. The most popular answer was . Wh...
How often do you get pay raises at Servpro?
Indeed’s survey asked over 269 current and former employees how often they received pay raises when they worked at Servpro. Most respondents said t...
Do you get paid sick days at Servpro?
Indeed’s survey asked over 1,124 current and former employees how many paid sick days they received for their role. Respondents said they received...
What kind of flexibility benefits can you get at Servpro?
To find out what kind of flexibility benefits Servpro offers, Indeed’s Work Happiness survey asked over 227 current and former employees. Responden...
Do you get paid time off at Servpro?
Indeed’s survey asked over 1,124 current and former employees how many paid vacation days they received for their role. Respondents said they recei...
How much vacation and PTO did you get at Servpro?
We asked over 1,124 current and former employees how many paid vacation days they received for their role. Respondents said they received no paid v...
How much does Servpro pay?
How much does Servpro in the United States pay? Average Servpro hourly pay ranges from approximately $10.95 per hour for Helper to $23.15 per hour for Subcontractor.
How much should you be earning?
Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.
How much does a ServPro franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location , labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.
What is SERVPRO cleaning?
ServPro provides professional residential and commercial cleaning and restoration of damage caused by fire, flood and other disasters.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
How much does it cost to buy a SERVPRO franchise?
What Does a SERVPRO® Franchise Cost? To buy a franchise with SERVPRO®, you'll need to have at least $40,000 in liquid capital. Franchisees can expect to make a total investment of $159,000 - $213,000. SERVPRO® charges a franchise fee of $49,000 / Equipment Costs $67,000. They also offer financing via 3rd party.
What is a SERVPRO franchise?
Owning a SERVPRO Franchise is an opportunity to take advantage of our proven track record while being in business for yourself, but never by yourself . Since 1967, SERVPRO has been helping individuals realize their dreams of business ownership. Our tried-and-true brand, system and support allow people from diverse educational, vocational and financial backgrounds to take control of their own futures, building a business molded around personal goals and lifestyle.
Why SERVPRO ®?
Since 1967, SERVPRO has been helping individuals realize their dreams of business ownership. Our tried-and-true brand, system and support allow people from diverse educational, vocational and financial backgrounds to take control of their own futures, building a business molded around personal goals and lifestyle. Owning a SERVPRO Franchise is an opportunity to take advantage of our proven track record while being in business for yourself, but never by yourself.
Why are franchisees able to develop their businesses to a significantly higher level?
Expansion. Franchisees are able to develop their businesses to a significantly higher level due to the help of provided expertise.
When did SERVPRO start training?
In addition to ongoing training at the regional level, we developed the National Training Center in 1992 to teach restoration and mitigation skills to Franchise Owners and insurance industry employees.
What are the benefits of franchising?
Quick Start. Franchising offers the advantage of starting a new business quickly based on a proven business formula. Expansion.
What is a servicemaster franchise?
Franchise Description: The franchisor is ServiceMaster Residential/Commercial Services Limited Partnership. The ultimate parent company is ServiceMaster Global Holdings, Inc. The franchisor offers franchises for others to perform cleaning and disaster restoration services in homes and businesses. The franchisor currently offers the following franchises under its residential services division: 1 Disaster Restoration Services: provides disaster restorative services direct to customers and through insurance adjusters to customers following a fire, flood, earthquake or storm. 2 Janitorial Services: provides contracted janitorial services on a continuing basis and may also provide carpet, furniture and other periodical non-janitorial cleaning and maintenance to management or tenants of commercial or institutional buildings. 3 Recovery Management Services: provides recovery management and disaster services directly to commercial customers who have the capacity to provide commercial restoration opportunities of $500,000 or greater in contract value.
How long is franchise training?
Training Overview: The initial training is a school of intensified training and is one to six weeks long depending on the type of license (s) purchased. The initial training is held in Memphis, Tennessee, Charlotte, North Carolina, Wichita, Kansas, Chantilly, Virginia, or any other site designated by the franchisor. At any time, the franchisor may provide all or part of the initial training, or any other training programs, virtually via ServiceMaster Learn or another online platform. The franchisor shall provide other training programs as each is developed and it deems appropriate. Franchisees are required to attend at least three seminars, workshops, convention, Q-Conference or regional meetings or other equivalent meetings designated by the franchisor and offered by the franchisor during each year. The franchisor provide regional workshops, several training sessions and breakouts at its annual convention; the franchisor has webinars on various topics throughout the year for franchise owners, and it offers other training courses available online through ServiceMaster Learn.
What are the obligations of a franchisee?
Obligations and Restrictions: The franchisor does not require that franchisees personally supervise the franchised business. If franchisees do not personally supervise the business, or if they are a corporation, partnership, or limited liability company, they must employ a manager who will be responsible for direct , on-premises supervision of the business. The manager must have successfully completed the initial training program, but need not have an ownership interest if the franchisee is a corporation, partnership, or limited liability company. Franchisees must offer and provide the services the franchisor requires . Franchisees must not actively solicit sales from customers outside of the defined territory (unless they are a recovery management services management franchise and market consistent with the marketing standards in the operations manual).
When is the FDD for ServiceMaster Clean?
The above information has been compiled from the FDD of ServiceMaster Clean. Year of FDD: 2021.
What is recovery management services?
Recovery Management Services: provides recovery management and disaster services directly to commercial customers who have the capacity to provide commercial restoration opportunities of $500,000 or greater in contract value.
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
Does franchising offer financing?
Financial Assistance: The franchisor does not offer direct financing. Its affiliate, RWL, offers financing for the initial franchise fee. Or, franchisees may choose another lender or finance company.
How many Servpro franchise holders are there?
If you are thinking not of using Servpro as a service provider, but instead as a business opportunity, then you may be interested in becoming one of around 1,700 franchise holders throughout the United States and Canada.
How much does Servpro charge?
Servpro charges a minimum of $145 for any service. This effectively functions as a call-out fee, except it is deducted from the cost of the work if it exceeds the $145 figure. This is consistent across the Servpro locations.
What is Servpro cleaning?
Home cleaning services. In general, what Servpro is best known for is cleanups after an emergency. However, they also offer ongoing services, such as regular cleaning services. Servpro was founded in 1967 in Sacramento, California, and has since grown to the cleanup giant it is today.
How does Servpro differ from its competitors?
Where Servpro differs from its competitors is the size and scope of its operational expertise. Very few other cleanup and restoration companies are able to match the number of franchises, nor the entrenched expertise of Servpro. However, this excellence does come at a price. There may be cheaper local options.
What is a SERVPRO?
Servpro is a franchise-based cleaning company, specializing in cleaning up after water damage. It operates throughout the United States and Canada, with over 1,700 branches spread throughout the continent. Servpro has been in operation for more than 50 years, and during that time have covered a wide range of cleanup operations.
How much does it cost to clean a basement?
If you have a basement around 1,500 square feet that requires cleaning, then you can expect to pay $525. Use this as your ballpark figure for all services, and you won’t go too far wrong. The table below shows the price per square footage based on this calculation.
Does Servpro recruit?
Although this suggests market saturation, Servpro still actively recruits candidates, preferring to offer specific geographical areas in which to operate. Because of the size of Servpro’s operation, it allows franchisees to gain a great deal of expertise and experience with relative ease.
What is the benefit of owning a SERVPRO franchise?
Owning a SERVPRO ® franchise can provide benefits such as brand recognition, training, and support from a franchise system that has been consistently ranked #1 by Entrepreneur magazine in the restoration services category for 12 years.
How to speak to a SERVPRO franchise representative?
Call 1-800-826-958 6 to speak to a SERVPRO franchise expansion representative who will address your initial questions and provide guidance about the process.
What is a SERVPRO franchise disclosure?
Pursuant to FTC and state-specific regulations, the Franchise Disclosure Document is provided to you for review and describes the SERVPRO franchise opportunity in detail.
What is SERVPRO training?
The SERVPRO system training is considered by graduates and owners to be comprehensive and focused on operations and business management training. Franchise owners will complete onboarding and a pre-classroom program, including home study and visits to an operating SERVPRO® franchise, before attending the NFTP.
How many employees does SERVPRO have?
SERVPRO HQ provides a comprehensive training program to new owners, ongoing support through a network of regional level consultants, and more than 450 employees at SERVPRO headquarters whose purpose is to support new and existing owners in the SERVPRO system.
What is a WRT in SERVPRO?
The IICRC Water Damage Restoration Technician (WRT) class is provided during the NFTP mentioned above. Franchise owners who provide specialized services (such as reconstruction, mold remediation or bio-hazard clean-up) may be required by state and local regulations to possess additional certifications and licenses to perform this type of work. Providing these types of specialized services are NOT a requirement for a SERVPRO franchise.
How long is NFTP training?
NFTP is an in-depth 15 days at SERVPRO headquarters. The program involves both classroom and hands-on training with industry-leading instructors covering all aspects of owning and managing a SERVPRO franchise.