Franchise FAQ

how much does a servicemaster franchise cost

by Karlie Mueller DVM Published 2 years ago Updated 1 year ago
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How much does a ServiceMaster franchise cost?

  • Initial Franchise Fee: $31,500 to $69,500
  • Total Investment: $229,500 to $279,500
  • Working Capital: $0
  • Royalty Fee: 12.0%

ServiceMaster Clean Franchise Costs & Fees
Name of FeeLowHigh
Initial Franchise Fee$32,500$32,500
Equipment$10,000$10,000
Vehicles$3,975$5,500
Technology System$395$735
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Full Answer

How much does ServiceMaster pay?

How Much Do ServiceMaster Employees Make? The average compensation for a ServiceMaster employee is $110,338 per year. Ladders estimates are based on our calculations

How much does ServiceMaster charge per hour?

The average ServiceMaster salary ranges from approximately $22,000 per year for Head Custodian to $132,499 per year for Director of Communications. Average ServiceMaster hourly pay ranges from approximately $9.00 per hour for General Contractor to $21.85 per hour for Lead Carpenter.

How much does ServiceMaster cost?

ServiceMaster will charge you anywhere from $2,000 to $6,000 for such jobs. The exact costs incurred largely depend on the size of the treatment area. ServiceMaster handles even the most difficult mold removal jobs. Areas with a lot of moisture and untreated water damage attract the most costs. Expect charges to range from $10,000 to $30,000.

How much is a ServPro franchise?

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 as well as a discount for veterans (10% off Initial Franchise Fee).

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How much is it to buy a ServiceMaster franchise?

What Does a ServiceMaster Restore Franchise Cost? To buy a franchise with ServiceMaster Restore, you'll need to have at least $102,700 in liquid capital. Franchisees can expect to make a total investment of $205,735 - $300,310. They also offer financing as well as a discount for veterans (20% discount).

Does ServiceMaster restore franchise?

ServiceMaster has been in the business since 1947. It began franchising in 1952. Customers and franchisees depend on their expertise. They have over 3,000 franchises in the United States and more than 1,600 internationally.

How many ServiceMaster franchises are there?

With nearly 2,600+ locations in 50 states and ten countries, we have significant growth opportunities ahead.

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 start a service master?

What Does a ServiceMaster Clean Franchise Cost? To buy a franchise with ServiceMaster Clean, you'll need to have at least $36,300 in liquid capital and a minimum net worth of $100,000. Franchisees can expect to make a total investment of $92,985 - $108,750. They also offer financing as well as a discount for veterans.

Are Servpro and ServiceMaster the same company?

ServiceMaster's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of ServiceMaster. Their current market cap is $5.40B. Servpro Industries's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Servpro Industries....ServiceMaster vs Servpro Industries.43%Promoters21%Passive36%Detractors

Who bought ServiceMaster?

Roark Capital GroupServiceMasterTypePrivateKey peopleElane Stock, CEO Vipul Soni, CFORevenue$2.59 billion (2015)OwnerRoark Capital GroupNumber of employees13,000 (2015)7 more rows

Does Terminix own ServiceMaster?

Terminix is a business unit of ServiceMaster Global Holdings, Inc. (NYSE: SERV), a leading provider of essential residential and commercial services.

How much does a SERVPRO owner make?

How much does a Store Owner make at Servpro in the United States? Average Servpro Store Owner yearly pay in the United States is approximately $107,131, which is 41% above the national average.

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 does SERVPRO make money?

They charge 10 percent of total gross sales in royalty fees and 3 percent in ad fees. When considering that most successful businesses operate with an approximate profit margin of 20 percent, that 13 percent that ServPro takes out becomes huge.

How much does a ServiceMaster franchise make?

As with any business, profits from a ServiceMaster franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise .

How many states does ServiceMaster have franchises?

Based on 2017 FDD data, ServiceMaster has franchise locations in 50 states. The largest region is the South with 1007 franchise locations.

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 many franchise locations do they have?

As of the 2017 Franchise Disclosure Document, there are 3104 franchised ServiceMaster locations in the USA.

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