ServiceMaster Restore provides professional residential and commercial cleaning, restoration, and disaster recovery services. The franchise specializes in water damage restoration, fire and smoke damage cleanup, mold remediation, and emergency response services.
Key Insights
- ServiceMaster Restore has a long-standing legacy built on a foundation of trusted service and a commitment to helping people recover from unexpected damage. The franchise's approach focuses on providing comprehensive solutions for water damage, fire damage, mold remediation, and disaster restoration, aiming to bring peace of mind to homeowners and businesses during challenging times.
- The business operates through a network of dedicated franchise owners who are equipped with specialized training, proprietary equipment, and established processes. These franchises provide immediate response and expert mitigation services, ensuring efficient and effective restoration to return properties to their pre-loss condition.
- The industry served by ServiceMaster Restore encompasses property damage restoration and disaster recovery, a sector that addresses the critical needs arising from natural events and accidents. This field requires specialized skills in cleaning, repair, and rebuilding, supporting communities through the rebuilding process after significant disruptions.
Franchise Fee and Costs to Open
Exploring the financial picture of Servicemaster Restore gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $266,600 - $442,890, along with a franchise fee of $72,500 - $72,500.
Financial Performance and Revenue
Yearly gross sales of $1,261,049 and estimated earnings of $151,326 - $189,158 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 2.6-4.6 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
ServiceMaster Restore provides comprehensive training to new franchisees. The initial program offers extensive instruction, lasting approximately six weeks and conducted at their headquarters in Memphis, Tennessee. This training covers operational protocols and business management principles. ServiceMaster Restore also provides ongoing support and resources to help franchisees build and grow their businesses.
Legal Considerations
Legal considerations for a Servicemaster Restore franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a franchise in the Home & Building Services sector, akin to Servicemaster Restore, presents several considerations. Intense local market competition may necessitate differentiation strategies. The operational complexity of managing diverse service lines and teams requires robust organizational skills. Furthermore, reliance on specific supply chains for materials and equipment could impact project timelines and costs.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Servicemaster Restore franchise?
How can I estimate the profitability and return on investment (ROI) of a Servicemaster Restore franchise?
What is the franchisee fee for a Servicemaster Restore franchise?
How to open a Servicemaster Restore franchise?
How many locations does Servicemaster Restore have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
