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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$66K - $143K
Units as of 2016
4 300.0% over 3 years

Company Overview

About Specialized Risk

Industry
Services (Other)
Founded
1996
Parent Company
Steven Haynes Consulting LLC
Leadership
Steven Haynes, Founder and CEO

Franchising Overview

Franchising Since
2015 (7 years)
# of employees at HQ
6
Where seeking

This company is seeking new franchisees worldwide.

This company is seeking new franchisees in the following US states:

# of Units
4 (as of 2016)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
205 Parkhurst Ln.
Allen, TX 75013

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Specialized Risk 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
$46,500 - $75,500
Initial Investment
$65,650 - $143,125
Net Worth Requirement
$75,000
Cash Requirement
$50,000
Veteran Incentives
20% off franchise fee
Royalty Fee
7%
Ad Royalty Fee
to 1%
Term of Agreement
7 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.

In-House Financing
Specialized Risk offers in-house financing to cover the following: franchise fee
Third Party Financing
Specialized Risk has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, 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
2-3 days
Classroom Training
4-9 days
Additional Training
On-the-job training
Ongoing Support
Meetings & Conventions
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
National Media
Regional Advertising

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
1
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