Service Team of Professionals (STOP)

Service Team of Professionals (STOP)

Water/fire restoration, mold remediation
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$85K - $144K
Units as of 2021
28 6.7% over 3 years

Company Overview

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.

About Service Team of Professionals (STOP)

Industry
Maintenance
Founded
1971
Parent Company
Authority Brands
Leadership
Brian Clark, President/CEO

Franchising Overview

Franchising Since
1996 (25 years)
# of employees at HQ
6
Where seeking

This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming

# of Units
28 (as of 2021)

Franchisor Information

Corporate Address
101 N. Kirkwood Ave., #211
Bloomington, IN 47404

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Service Team of Professionals (STOP) 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
$48,000
Initial Investment
$84,700 - $143,500
Net Worth Requirement
$100,000
Cash Requirement
$50,000
Veteran Incentives
15% off franchise fee
Royalty Fee
9-7%
Ad Royalty Fee
$595+/mo.
Term of Agreement
10 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
Service Team of Professionals (STOP) 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
104 hours
Classroom Training
48 hours
Additional Training
Training conventions
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
-10
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Service Team of Professionals (STOP) landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021