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- 2022 Franchise 500 Rank
#298 Ranked #287 last year
- Initial investment
$89K - $140K
- Units as of 2022
53 140.9% over 3 years
Here’s what you need to know if you’re interested in opening a Spaulding Decon franchise.
Spaulding Decon is a biohazard restoration specialist with a solid background in crime scenes, tear gas, meth lab, and hoarding cleanup services, as well as mold remediation. The brand started in the early 2000s when Kansas police officer Laura Spaulding witnessed the devastation of families cleaning up crime scenes while grieving.
Officer Spaulding helped families as a side job until 2005, when she decided to leave the police force and focus on crime cleanup. While starting as a one-woman show, Spaulding Decon hired its first batch of employees just a year later and soon started expanding its services. By 2015, Spaulding Decon had become the first nationally franchised crime scene, hoarding, and meth lab cleanup service in the United States.
There are now over 25 Spaulding Decon franchise locations throughout the United States.
Why You May Want to Start a Spaulding Decon Franchise
Spaulding Decon prides itself on its family of franchisees, which it wishes to continue to expand. If you are hard-working, enthusiastic about customer service, committed to high standards, and eager to learn the business ropes, you could be their next franchisee. The company believes in treating everyone with respect, regardless of the size of their contribution to the organization.
All these values form the cornerstone of Spaulding Decon's quick growth, which is evident in the various awards and recognition it has received. Spaulding Decon has been ranked in Entrepreneur's Franchise 500 several times in recent years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
What Might Make a Spaulding Decon Franchise a Good Choice?
Spaulding Decon's suite of services may make it a unique franchise opportunity. There are very few other franchisors offering the same selection, which now includes water damage restoration and even cash property buyouts. As a franchisee, you will have various duties and responsibilities, from technical supervision to working with community and government leaders in improving public awareness on cleanup techniques and associated health risks.
To be part of Spaulding Decon, 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.
How To Open a Spaulding Decon Franchise
A franchise usually comes with a proven formula, so starting one may be easier than building a business from scratch. However, you still have to do the work by researching location and demand, your target demographics, human resource availability, and other crucial factors. If you have specific questions, make a list and take it with you to Spaulding Decon headquarters in Tampa, Florida, on discovery day.
In any case, Spaulding Decon appears to be excellent in the support department. They are known for providing franchisees all the knowledge and training they need, including software and other proprietary supplies, and even national contracts right off the bat. That means you could have a business the moment you open your doors.
About Spaulding Decon
- Franchising Since
- 2015 (7 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
- # of Units
- 53 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Spaulding Decon 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.
- Initial Investment
- $88,510 - $140,350
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.
- 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.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 10% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty 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
- 10 years
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?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Spaulding Decon has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory
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
- 50 hours
- Classroom Training
- 65 hours
- Additional Training
- Online training
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- 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
- 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.
Franchise 500 Ranking History
Compare where Spaulding Decon landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Spaulding Decon ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to Spaulding Decon.
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