- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$47K - $84K
- Units as of 2018
-
8 700.0% over 3 years
Company Overview
About Silbar Security
Industry | Services (Other) |
---|---|
Related Categories | Miscellaneous Services, Security Services |
Founded | 2008 |
Leadership | Brandon Dean, Founder and CEO |
Corporate Address |
1508 Technology Dr., #101 Chesapeake, VA 23320 |
Social | Facebook, Instagram |
Business Overview
Franchising Since | 2015 (9 years) |
---|---|
# of employees at HQ | 20 |
Where seeking |
This company is offering new franchises in the following US states: |
# of Units | 8 (as of 2018) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Silbar Security 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.
Initial Franchise Fee
|
$20,000 |
---|---|
Initial Investment
|
$47,450 - $83,600 |
Net Worth Requirement
|
$100,000 |
Cash Requirement
|
$30,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
5% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Silbar Security has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 40 hours |
---|---|
Classroom Training | 45+ hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
# of employees required to run | 10-30 |
Are exclusive territories available?
|
Yes |
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