Service Team of Professionals Inc.

At a Glance

Products & Services: Water/fire restoration, mold remediation

Number of Locations: 39

Total Investment: $46K - $127K

Founded: 1971

Began Franchising: 1996

About Service Team of Professionals Inc.

Service Team of Professionals (STOP) was founded in 1971 by Mack Clark, a former employee with General Dynamics, Honeywell and BF Goodrich. STOP franchisees specialize in fire, smoke and water damage cleanup and restoration, deodorizing, and carpet and furniture repair.

Franchise Units

Year U.S. Canadian International Company Owned
2014 39 0 0 0
2013 38 0 0 0
2012 40 0 0 0
2011 40 0 0 0
2010 48 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, North Dakota, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $46,000 - $127,000
Franchise Fee: $44,000
Ongoing Royalty Fee: 9-7%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $4,000 off franchise fee
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. 5% of all franchisees own more than one unit. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. Training conventions : 3 per year.
Ongoing Support: Meetings, Toll-free phone line, Internet, Purchasing cooperatives
Marketing Support: Ad slicks,
Other marketing support: Fully-integrated marketing program, national marketing

Franchise Ranking History

Franchise 500®: #304 (2011),
Low-Cost: #67 (2011),
Top Home-Based: #99 (2011),

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