Service Team of Professionals (STOP)

Service Team of Professionals (STOP)

Water/fire restoration, mold remediation
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2022 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

Here’s what you need to know if you’re interested in opening a Service Team of Professionals (STOP) franchise.

With various maintenance services, Service Team of Professionals, also known as STOP Restoration, is a property damage restoration business dedicated to helping those affected by life's challenges. Service Team of Professionals restores water, fire, and smoke damage, mold remediation, and biohazard cleanup.

Brian Clark founded Service Team of Professionals in 1971. His goal was to bring his trademarked marketing and management systems and help lift small business owners. Service Team of Professionals sold its first franchise back in 1996, and with multiple locations that have served over 175,000 homes and businesses, your Service Team of Professionals franchise could be next.

Why You May Want to Start a Service Team of Professionals Franchise

Service Team of Professionals is looking for a franchisee who is dedicated to outstanding service, hungry for growth, and enjoys having fun. The ideal candidate is resourceful, timely, dedicated, and persistent. If this tenacious spirit of ingenuity sounds like you, opening a Service Team of Professionals location may be easier than ever. 

Service Team of Professionals’ business model believes in starting small and allowing the franchisee to choose which services they wish to offer when you get started. You can then expand your services later once you're comfortable operating the franchise under the proven business model.

With fairly frequent natural disasters and accidents, large and small, services may be required to meet needs and get clients back on their feet and into their homes. While these occurrences are unfortunate, Service Team of Professionals is there to help. 

What Might Make a Service Team of Professionals Franchise a Good Choice?

Opening a Service Team of Professionals franchise may have a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

How To Open a Service Team of Professionals Franchise

To be part of the Service Team of Professionals family, 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 a Service Team of Professionals 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 a Service Team of Professionals franchise would do well in your community. While competition is healthy, too much of it may not allow for 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 Service Team of Professionals franchising team questions.

It may be a good idea to speak with a financial advisor or attorney in order to ensure that you are prepared to own and operate a Service Team of Professionals franchise.

Find Your Perfect Franchise

Company Overview

About Service Team of Professionals (STOP)

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

Franchising Overview

Franchising Since
1996 (26 years)
# of employees at HQ
6
Where seeking

This company is seeking new franchisees throughout the US.

# 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
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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

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
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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