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How much do SERVPRO franchise owners 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.
How much is 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.
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 big is SERVPRO?
Today, SERVPRO has more than 2,000 locations in the United States and Canada and has become the #1 choice in cleanup and restoration.
Where is SERVPRO headquarters located?
Gallatin, TNServpro / HeadquartersWe're a leader in fire and water cleanup and restoration with more than 2,000 franchises across the United States and Canada– and we're experiencing rapid growth. This growth is creating exciting opportunities for top talent at our headquarters in Gallatin, Tennessee, located about 30 miles northeast of Nashville.
How many SERVPRO locations are there?
ServproTypePrivate, FranchiseNumber of locations1700+Key peopleRick Isaacson, CEO Rick Forster, President John Sooker, COO & EVP Todd Lindsey, CFO Jeff Fields, CIO & VP Matt Preston, VP & Chief Legal Officer Michael Stahl, CMO & VPNumber of employees450 (Corporate), 1700+ FranchisesWebsiteservpro.com5 more rows
Does SERVPRO pay well?
How much does Servpro in California pay? Average Servpro hourly pay ranges from approximately $13.00 per hour for Production Assembler to $28.46 per hour for Recruitment Resourcer. The average Servpro salary ranges from approximately $18,974 per year for Fleet Manager to $140,000 per year for Regional Manager.
Who is the largest restoration company?
Belfor Restoration Belfor is the largest restoration company in the world with more than 7000+ employees. There are more than 100 Belfor locations in the country, and they also operate an extensive fleet of cleanup and repair vehicles.
Does SERVPRO clean crime scenes?
Many times, crime and accident scenes have blood and other biohazard contaminants that pose a serious health risk. SERVPRO® can respond immediately and has the specialized training, protective equipment, and experience to safely clean trauma and crime scenes.
Is 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.17%Promoters14%Passive69%Detractors
How much does a Servpro franchise cost?
How much does Servpro franchise cost? Servpro has the franchise fee of up to $49,000, with total initial investment range of $159,325 to $213,200. Initial investments: $159,325 - $213,200. Liquid Cash Requirement: $105,000 - $110,000.
Where is SERVPRO headquartered?
It is headquartered in Gallatin, Tennessee. Ted and Doris Isaacson launched Servpro Industries in 1967 as a painting business in Sacramento, California. With a background in cleaning and restoration, they transformed the company into a franchisor of cleanup and restoration specialists. Servpro consists of more than 1,700 franchises in ...
Where is SERVPRO located?
Please try again later. Servpro 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 much does a professional website cost?
The Professional Website is provided for an annual fee of up to $499 in 2018, plus $239 for each additional franchise for the Professional Website Package; Domain name registration and maintenance fees for Basic Websites are $35 per year per domain name;
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 SERVPRO franchise?
Franchise Description: Servpro Franchisor, LLC is the franchisor. Franchisees will primarily provide professional residential and commercial cleaning; fire, smoke, water, wind, and other damage cleaning, restoration, mitigation, repair and reconstruction; mold remediation and bioremediation services; and cleaning and disinfection to limit the survival of viruses and emerging viral pathogens.
How long is a franchise?
Term of Agreement and Renewal: The length of the franchise initial term is five years.
What are the obligations of a franchisee?
Obligations and Restrictions: If franchisees are an individual or individuals, the franchise is licensed in reliance on his or her business skills, financial capacity, personal character, integrity, business and management experience. If franchisees are a business entity, the franchise is licensed in reliance on the business skills, financial capacity, and personal character of the principals and owners. Franchisees or their principals or owners (if franchisees are a business entity) must directly perform or directly supervise operation of the franchise. All owners of the franchise must personally complete annual franchise financial and operational business reviews and attend convention (once per year in the summer). The operating principal must participate in all other periodic business consultations typically conducted at the franchisee’s primary business location, attend all area meetings (three times per year or once per trimester), and view Servpro TV episodes and all training programs required by the franchisor from time to time. Franchisees must offer and sell only the goods and services which conform to the franchisor’s standards and specifications. Franchisees must offer the goods and services that the franchisor designates as required for all franchisees. Franchisees must maintain in their inventory the minimum amount of professional cleaning products and equipment. Franchisees must comply with all applicable laws and regulations, including federal regulations, and obtain all appropriate governmental approvals for the franchise.
Who must supervise the operation of a franchise?
Franchisees or their principals or owners (if franchisees are a business entity) must directly perform or directly supervise operation of the franchise. All owners of the franchise must personally complete annual franchise financial and operational business reviews and attend convention (once per year in the summer).
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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.
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.
Do they offer financing support?
Yes, you can also click here to fill out our affordability calculator and understand your financing options.
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.
