Iris Environmental Laboratories

Mold and asbestos inspections
FREE Franchise Guide!
Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$31K - $63K
Units as of 2023
6 Decrease 14% over 3 years

Iris Environment Laboratories is a mobile business franchise specializing in mold and asbestos inspections, testing, and clearance certification for home and commercial establishments. The brand currently serves many clients, including asbestos and mold remediation companies, doctors, real estate agents, township officials, and the U.S. military.

Founded in Union, New Jersey, in 2012, Iris Environmental Laboratories is a joint project of two brothers who have decades of combined experience in business management, public regulation, and mold and asbestos inspections and testing. In 2018, Iris Environmental Laboratories began franchising the business. It has since grown to several franchises located in select states. 

Why You May Want To Start an Iris Environmental Laboratories Franchise

Iris Environmental Laboratories is looking for franchisees who enjoy working with people in the field and are happy to make a difference in the lives of people. Whether or not you have experience in the industry, Iris Environmental Laboratories will provide training, particularly in three specialties - asbestos building inspection, asbestos air monitoring, and mold inspection. You may not need any prior experience in asbestos and mold testing to open an Iris Environmental Laboratories franchise.

Once you are certified, you should be ready to perform residential and commercial inspections. However, your success as an Iris Environmental Laboratories franchisee will ultimately depend on your willingness to learn and work with the franchise development team.

What Might Make an Iris Environmental Laboratories Franchise a Good Choice?

While Iris Environmental Laboratories is not alone in its industry, several things may make it stand out. One is its all-digital operational system, which is in place to increase efficiency with every transaction. Iris Environmental Laboratories strives to be environmentally friendly in its approach to inspections, and its pricing may be highly competitive. They believe the accuracy of their inspection results has been proven through the years, as has the quality of its customer service. 

Opening an Iris Environmental Laboratories could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.

How To Open an Iris Environmental Laboratories Franchise

To be part of the Iris Environmental Laboratories team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.

As you decide if opening an Iris Environmental Laboratories franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Iris Environmental Laboratoriesfranchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Iris Environmental Laboratories franchising team questions.

Find Your Perfect Franchise

Company Overview

About Iris Environmental Laboratories

Industry Services (Other)
Related Categories Miscellaneous Services, Miscellaneous Maintenance Businesses, Home Inspections, Miscellaneous Business Services
Founded 2012
Parent Company Bioterra Environmental Solutions, IRIS Alliance LLC
Leadership Rod Eustaquio, CEO
Corporate Address 2333 U.S. Hwy. 22, Bldg. 4
Union, NJ 07083
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 2018 (6 years)
# of employees at HQ 12
Where seeking

This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming

# of Units 6 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Iris Environmental Laboratories 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 Information Circle
$15,000
Initial Investment Information Circle
$31,300 - $62,510
Net Worth Requirement Information Circle
$75,000
Cash Requirement Information Circle
$3,000
Veteran Incentives Information Circle
20% larger territory
Royalty Fee Information Circle
5%-7%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
5 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

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 Iris Environmental Laboratories has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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 37 hours
Classroom Training 39 hours
Ongoing Support
Newsletter
Toll-Free Line
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
Yes
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Iris Environmental Laboratories.

Intelligent Office

description
Physical and virtual office space for mobile executives and small businesses

Office Evolution

description
Virtual office services, coworking spaces, executive-suite and conference-room rentals

UPS Store, The

description
Shipping, packing, mailboxes, printing, faxing, shredding, notary services

Exit Factor

description
Business coaching and consulting services

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

For Small Business Week, President Biden Sided With Labor Bosses Over More Than 5,300 Franchise Owners

With the president's veto of a bipartisan Congressional Review Act (CRA) resolution that would have overturned the expansion of the joint employer rule, the Biden Administration showed that it cares more about special interests than small business owners.

Franchise

McDonald's Introduces a New Dessert Inspired By 'Grandmacore' Trend

McDonald's will launch the "Grandma McFlurry," a limited-time dessert blending syrup, vanilla ice cream and candy pieces, as a tribute to comforting grandmotherly treats — and a nod to a TikTok trend.

Franchise

The Role and Responsibilities of a Franchisee, Defined

The Yin to the Franchisor's Yang, franchisees are essential to the functionality of the business model.

Franchise

The Basics of Buying a Franchise

Are you thinking about buying a franchise? We've got all the information you need to help you decide whether franchising is right for you.

Franchise

Am I a Good Franchise Candidate?

Not everyone is franchise material.

Franchise

How to Read a Franchise Disclosure Document

A Franchise Disclosure Document, with its piles of legalese, can be daunting. Here's how to read between the lines.

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022