Servpro

Residential and commercial cleaning services
Year began: 1967    Franchising since: 1969
Founded in 1967 by Ted Isaacson, Servpro provides home and business owners with a variety of cleaning and restoration services. In the home, Servpro cleans upholstery, walls, furnishings and provides disaster protection. For businesses, the company cleans carpets, floors, HVAC systems and air ducts.

In case of fire and other disasters, Servpro cleans, restores and reconstructs carpets, hard surfaces and masonry.

801 Industrial Blvd.
Gallatin, TN 37066

Phone: (800)826-9586/(615)451-0600
Fax: (615)451-1602

Franchisor has 180 employee(s); 7 employee(s) in franchise department.


Franchise Growth
Year

2008
2007
2006
2005
2004
U.S. Franchises
1,427
1,368
1,310
1,270
1,216
Canadian Franchises
0
0
0
0
0

Foreign Franchises
0
0
0
0
0
Company
Owned
0
0
0
0
0

Where Seeking Franchisees
Nationwide

Costs & Fees
Total investment: $100.3K-159.2K
Franchise fee: $39K
Ongoing royalty fee: 3-10%
Term of agreement: 5 years, renewable
Renewal fee: $250
Type of Financing Available
In-HouseThird Party
Franchise FeeYesYes
Startup CostsYesYes
EquipmentYesYes
InventoryYesYes
Accounts ReceivableNoNo
PayrollNoNo
Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $60K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • 40% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5 - 10
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training & Support
TRAINING
  • Available at headquarters: 2-1/2 weeks
  • At franchisee's location: 1 week
  • Business development program

ONGOING SUPPORT
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

MARKETING SUPPORT
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising
  • Other marketing support: National accounts marketing

Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#28 (2008); #25 (2007); #43 (2006); #34 (2005); #33 (2004);

Ranked #1 in category in:
2008; 2007; 2006; 2005; 2004;

Fastest-Growing Franchises:
#66 (2008); #100 (2007); #74 (2006); #75 (2005);

Top home based franchises:
#4 (2008); #4 (2007); #8 (2006); #8 (2005); #8 (2004);

Last Updated: 8/6/2008 12:00:00 AM



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