- 2024 Franchise 500 Rank
-
#93 Ranked #94 last year
- Initial investment
-
$253K - $359K
- Units as of 2023
-
2,334 43% over 3 years
ServiceMaster Restore offers water and fire damage restoration, mold remediation and more. They also usually offer home inspection services for those putting up their house for sale or planning on buying a new one.
ServiceMaster has been in the business since 1929. It began franchising in 1952. Customers and franchisees depend on their expertise. ServiceMaster Restore has over 2,000 franchises in the United States and more than 200 in Canada.
Why You May Want to Start a ServiceMaster Restore Franchise
If you have a passion for the care and maintenance of buildings and homes, ServiceMaster Restore might be one franchise to consider starting. With the competitiveness of this industry, a restoration business needs to be able to hold its own against other companies in the area. With a ServiceMaster Restore franchise and its specialized resources, its franchisees may be set up to rise to the occasion.
ServiceMaster Restore offers several benefits, which include specialized coaching to clean health facilities, access to a top training center with full-time instructors, business, technical, and marketing support. The company also has in-house experts in research and development who typically source the professional supplies and products used in cleaning.
What Might Make ServiceMaster Restore a Good Choice?
ServiceMaster Restore has worked to build a respected reputation over time. Apart from the unique brand philosophy and extensive brand history, there are a few other elements that may make this franchise unique. There are five brand options to choose from under this franchise. Its franchisees typically can pick the one that suits them best.
ServiceMaster Restore also enjoys global recognition, which can be an asset when it comes to marketing. As a franchisee, you might receive discounts from suppliers thanks to ServiceMaster's established brand relationships. And if you are well-qualified, you may be able to access in-house financing to help you open your new franchise.
Other elements that might make this a unique and great franchise to open include the education and tools that they often provide their franchisees for support. Franchisees typically have access to quality supplies as well, thanks to an in-house research and development department.
How to Open a ServiceMaster Restore Franchise
ServiceMaster Restore values ethics. It strives to promote integrity, cooperation, and mutual respect across the board. Before making any financial commitment or signing an agreement, make sure this company culture is a good fit for you.
To be part of the ServiceMaster Restore team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees may also need to meet the company's set net worth and liquid capital requirements.
If you're interested in running a ServiceMaster Restore franchise, you'll want to take a closer look at your area. Since this franchise focuses on commercial contracts, make sure you have access to business parks, hospitals, or churches in your area. Check out the competition and see how saturated the market is. During the process, you'll typically have a chance to chat with company representatives and existing franchisees. This is a great opportunity to ask questions—especially about location or experience.
Company Overview
About ServiceMaster Restore
Industry | Maintenance |
---|---|
Related Categories | Restoration Services, Commercial Cleaning, Home Repairs/Handyman Services, Miscellaneous Maintenance Businesses, Cleaning/Restoration |
Founded | 1929 |
Parent Company | ServiceMaster Brands |
Leadership | John Tovar, President |
Corporate Address |
1 Glenlake Pkwy. N.E., #1400 Atlanta, GA 30328 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 1952 (72 years) |
---|---|
# of employees at HQ | 295 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Asia, Europe (Western) |
# of Units | 2,334 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a ServiceMaster Restore 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
|
$72,500 |
---|---|
Initial Investment
|
$252,675 - $358,810 |
Net Worth Requirement
|
$250,000 - $350,000 |
Cash Requirement
|
$150,000 - $200,000 |
Veteran Incentives
|
20% off franchise fee |
Royalty Fee
|
$250+/mo. |
Ad Royalty Fee
|
$20+/mo. |
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 | ServiceMaster Restore has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment |
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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 | Up to 37 hours |
---|---|
Classroom Training | 103-113 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 3 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where ServiceMaster Restore landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where ServiceMaster Restore ranked on other franchise lists? Find out below.
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