#395
At a Glance
Products & Services: Insurance restoration services
Number of Locations: 256
Total Investment: $74.71K - 99.83K
Founded: 1990
Began Franchising: 1991
About PuroClean
Richard D. Spohn and Rory O'Dwyer, two insurance restoration entrepreneurs, joined forces in 1986 to create PuroSystems Inc., a property casualty restoration and reconstruction provider. PuroSystems franchisees repair water, fire and smoke damage and perform structural repairs and reconstruction.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 234 | 21 | 0 | 1 |
| 2011 | 260 | 18 | 0 | 1 |
| 2010 | 298 | 12 | 0 | 1 |
| 2009 | 267 | 4 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $74,710 - $99,825
Franchise Fee: $45,000
Ongoing Royalty Fee: 8-10%
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $45,000
Ongoing Royalty Fee: 8-10%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $75,000
Operations
Franchise can be run from home. 2% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: Local grassroots media campaigns