- 2023 Franchise 500 Rank
#94 Ranked #33 last year
- Initial investment
$253K - $359K
- Units as of 2022
2,300 44% 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.
About ServiceMaster Restore
|Related Categories||Restoration Services, Commercial Cleaning, Home Repairs/Handyman Services, Miscellaneous Maintenance Businesses, Cleaning/Restoration|
|Parent Company||ServiceMaster Brands|
|Leadership||John Tovar, President|
1 Glenlake Pkwy. N.E., #1400
Atlanta, GA 30328
|Social||Facebook, Twitter, LinkedIn, Instagram, YouTube|
|Franchising Since||1952 (2023-1952 years)|
|# of employees at HQ||173|
This company is offering new franchisees throughout the US.
This company is offering new franchisees in the following international regions: Asia, Europe (Western)
|# of Units||2,300 (as of 2022)|
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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
|$252,675 - $358,810|
Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
|$250,000 - $350,000|
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
|$150,000 - $200,000|
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|20% off franchise fee|
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Term of Agreement
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
|Is franchise term renewable?||Yes|
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|
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|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||No|
Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
|# of employees required to run||3|
Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like ServiceMaster Restore? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where ServiceMaster Restore landed on this year's Franchise 500 Ranking versus previous years.
Curious to know where ServiceMaster Restore ranked on other franchise lists? Find out below.
Ranked #94 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #106 in 2023
If you're interested in an opportunity with international appeal, start your search with our ranking of the top franchises seeking to expand outside the U.S.
Are you eager to see what else is out there? Browse franchises that are similar to ServiceMaster Restore.
- Residential cleaning
HomeVestors of America
- Home buying, repair, and selling
Stratus Building Solutions
- Environmentally friendly commercial cleaning and disinfecting
- Travel agencies
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
What Makes Scenthound a Top New & Emerging Franchise
Focusing on out what dogs and their owners actually need helped Scenthound CEO Tim Vogelcreate a successful franchise system.
How to Harness the Power and Money of a Crowd Through Crowdfunding
You don't have to be rich, succumb to ever-growing interest rates, run the risk of your bank collapsing or use your house as collateral to build a franchise. All you have to do is find the right crowd.
Woman Ties the Knot at White Castle Almost 30 Years After the Chain Gave Her Free Food as a Homeless Teen
Jamie West was just 12 years old when she ran away from the foster care system.
Franchise Ownership Made Easy: Best Practices for Managing and Growing Your Business
Using these tips, you can maximize the benefits of franchise ownership and take your business to the next level.
Florida Burger King to Pay $8 Million to Customer Who Slipped and Fell in Restaurant Bathroom
The case marks one of the largest slip-and-fall verdicts in Florida's history.
6 Things to Consider When Getting Out of a Franchise Agreement
Want to get out of your franchise agreement? Here are six things to consider