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Service Team of Professionals Inc.

Disaster restoration, carpet cleaning, mold remediation

Background

Founded: 1971 Franchising since: 1996
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.
10036 N.W. Ambassador Dr.
Kansas City, Missouri 64153-1362
Phone:
(800)452-8326/ (816)880-4746


Franchisor is a privately-held company with 4 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 43 0 0 0
2008 42 0 0 0
2007 42 0 0 0
2006 46 0 0 0
2005 35 0 0 0

Where Seeking Franchisees
In the U.S. 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, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 300,000 population

Special Programs
STOP inducts its top five franchisees into The President's Club, an incentive program that awards them with $1,000 for equipment and a four-day cruise for the franchisee and their spouse. Each year the number one franchisee is awarded $10,000.

Costs and Fees

Total investment: $48K-103K
Franchise fee: $32K/38K
Ongoing royalty fee: 7-9%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $50K
Business Experience:
  • Aptitude for management, ability to follow directions

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)

Training and Support

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

Rankings

Franchise 500® rank:
#392 (2008); #334 (2007);

Low-Cost Franchises:
#93 (2008); #91 (2007);

Top Home Based Franchises:
#98 (2007);


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