- Cash Investment: $50,000
- Investment Range: $69,000 - $164,000
- Franchise Fees: $30,000
| Liquid capital required | $30,000 |
|---|---|
| Investment | $69,000 - $164,000 |
| Franchise fee | $69,000 |
How much does a restoration franchise cost?
The franchise fee for your first territory is $54,900 and unlike our competition, we have prime territories available. The total investment estimate to begin operations on a new restoration franchise ranges from $84,500 to $193,125.
How much do you make owning a Servpro?
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.
How much do Nhance owners make?
The fast-growing wood refinishing franchise offers a proven path to business ownershipGroup Ranked by Average RevenueNumber of OwnersAverage Revenue / Job1st Quartile23$5,0472nd Quartile23$3,9203rd Quartile23$3,8774th Quartile24$3,4312 more rows
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 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 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 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.
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.
Can you invest in SERVPRO?
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.
Who are SERVPRO competitors?
Servpro Industries competitors include Chem-Dry, Stanley Steemer, ServiceMaster and Angi.
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.
Company Overview
Miracle Method Bath and Kitchen Refinishing offers bathroom refacing and refinishing services to homeowners, hotel operators and apartment managers.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Miracle Method Surface Refinishing franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where Miracle Method Surface Refinishing landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Miracle Method Surface Refinishing ranked on other franchise lists? Find out below.
Background
The strongest business model in the industry ‐ and we can prove it.
Support and Training Offered By Miracle Method Surface Refinishing
Financial Assistance Provided: Yes Site Selection Assistance: Yes Lease Negotiation Assistance: Yes Recruiting Assistance: Yes Co-Operative Advertising: Yes Training: 3 Weeks of Training: On the job technical training as well as marketing and sales training for your entire staff Other Info: Corporate Vendor Discounts: We leverage our buying power and lower your cost of doing business.
Franchises Similar to Miracle Method Surface Refinishing
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
What Do Our Franchise Owners Have to Say?
N-Hance is home to some of the most passionate entrepreneurs in the franchise industry. Explore what they have to say about their businesses in the videos below.
Is N-Hance a Belfor franchise?
N-Hance is part of the BELFOR Franchise Group, one of the largest franchise systems in the restoration and home services categories. With world-class training & support, visionary leadership, and a long track record of helping entrepreneurs thrive in business, BELFOR Franchise Group provides enormous advantages to our franchise owners. Our parent company, BELFOR, is the largest restoration company in the world and our franchise owners benefit from access to jobs and being a part of an organization with a glowing reputation for living up to our promises.
Join One of the Hottest Home Service Companies in the USA!
Our sales are exploding with new earnings records across all markets due to a housing shortage. There is no better time to come on board than right now.
Available Areas: Is My Area Available?
We need owners in all markets ! This includes New York, Los Angeles, Chicago, Houston, San Antonio, San Diego, San Jose, Jacksonville, Seattle, Denver, Boston, El Paso, Detroit, Oklahoma City, Portland, Las Vegas, Memphis, Louisville, Albuquerque, Fresno, Sacramento, Atlanta, Kansas City, Raleigh, Miami, Long Beach, Oakland, Tulsa, Tampa, Wichita, Bakersfield, Cleveland, Anaheim, Honolulu, Santa Ana, Riverside, Corpus Christi, Lexington, Stockton, Saint Paul, Cincinnati, Lincoln, Plano, Orlando, Irvine, Durham, Chula Vista, Toledo, St.
Cost and Earnings: How Much Can I Make?
Taken from our 2020 Franchise Disclosure Document (Item 19), our median job serviced was an astounding $1,538 with a cost of just $84! See our FDD for more details on what you can earn.
What do I need to Get Started?
A vehicle, business insurance, equipment and solution package, business cell phone, training expense money and start up advertising.
How Much Does the Franchise Cost?
Our franchise fee is one of the lowest in the industry starting at just $15K. Fill out the form and watch our recorded franchise webinar for more details. You can afford this business!
Operations: What do I get with My Franchise?
A Step by Step Opening Guide, Customized Territories, Boutique Turnkey Marketing Plan, Cloud based Customer Management System, Sales Script and full Training Ongoing support includes 24-7 System Technical Support, Supply Order System, Customer Zip Code Locator, North American Toll-free Number System, National Vendor Accounts, Corporate Lead Generation Our systems include E-mail System, Cloud DB, Help Desk, Knowledge Base, Toll Free Numbers, Micro-pages.
Testimonials from our owners
"On a daily basis I’m asked “so how do like your business?” and my answer is always the same “it’s the best decision I ever made in my life”. Owning a Mr. Sandless franchise has been nothing short of the most rewarding experience."
