Franchise: Servpro

Initial Investment
LOW:$156,075
HIGH: $209,950
Change in Units
+1.2% +21 UNITS (1 Year)
+6.3% +101 UNITS (3 Years)

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Ad Slicks
National Media
Regional Media

Training Onsite: 5 days

Training at headquarters: 15 days

Additional Training: Business development program

Number of employees required to run: 5 - 10

About Servpro

Servpro started out in 1967 as a painting business. Two years later, founders Ted and Doris Isaacson began franchising it as a cleaning and restoration company. In 1988, they moved the company from Sacramento, California to Gallatin, Tennessee in order to be within 600 miles of 50 percent of the U.S. population.

Servpro franchisees specialize in disaster restoration, offering cleanup and repairs to both commercial and residential customers whose property has suffered fire or water damage. They also offer mold remediation, carpet and upholstery cleaning, air duct and HVAC cleaning, and other related services.

Founded

1967

Franchising Since

1969 (48 Years)

Corporate Address

801 Industrial Blvd. Gallatin, TN 37066

CEO

Sue Steen

Parent Company

Servpro Industries Inc.

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Financial Requirements

Initial Investment

$156,075 - $209,950

Liquid Cash Requirement

$105,000

Ongoing Fees

Initial Franchise Fee

$46,000 - $46,000

Ongoing Royalty Fee

3-10%

Ad Royalty Fee

3%

Financing Options

Servpro offers in-house financing to cover the following: franchise fee, equipment, inventory

Servpro has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Free Franchise Consultation
Fran Choice We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Start Now
Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Franchise Articles

The Top 10 Franchises of 2015.

These 10 stars of Entrepreneur's 2015 Franchise 500 list are leading the pack when it comes to growth and success.

The Top 10 Franchises of 2014

These 10 franchises are leading the way into the New Year.

How the CEO of Smoothie King Went From Small-Business Owner to Wearing the Crown

Under his leadership, Smoothie King plans to open an additional 125 locations and bring its global storefront tally to 950 in 2017.

Modern Acupuncture Showing Signs of Huge Growth

Learn winning franchise leadership strategies from a business that's grown exponentially.

The 5 Best Burger Franchises You Can Buy (and How Much They Cost)

How many burgers would you have to sell to make back your initial investment?

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 18th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing
My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue