Start-Up Costs and Fees |
||
| BuildingStars | Servpro | |
| Investment | 2245 - 53200 | 167575 - 221450 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 10% | 3-10% |
| Advertising Fee | 20% | 3% |
| Year Founded | 1994 | 1967 |
| Year Franchised | 2000 | 1969 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| BuildingStars | Servpro | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| BuildingStars | Servpro | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | Yes | Yes |
| Inventory | No | Yes |
| Receivables | Yes | No |
| Payroll | No | No |
Training & Support |
||
| BuildingStars | Servpro | |
| Training | On-The-Job Training: 1-5 hours Classroom Training: 3-16 hours | Business development program |
| Support | The team at your regional Buildingstars support center will provide an initial customer base, train you, handle billing and collection, find and manage additional accounts as you grow, provide marketing support and customer service support on your behalf. We take care of the hardest parts of growing your business so that you can stay focused on service. As you move through the stages of development, gaining expertise and accounts, the Rising Star™ Management Program will adapt to your needs and goals, including identifying the optimal type and size of facility for your business. Management training and support will increase your confidence, your growth and your profits. | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad Templates Regional Advertising Social media SEO Email marketing | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | Franchise can be run from home. Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Franchise can be run from home. 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| BuildingStars | Servpro | |
| US Expansion | Illinois, Indiana, Missouri, | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| BuildingStars | |
| Servpro | |
| Franchise Fee | |
| BuildingStars | |
| Servpro | |
| Royalty Fee | |
| BuildingStars | 10% |
| Servpro | 3-10% |
| Advertising Fee | |
| BuildingStars | 20% |
| Servpro | 3% |
| Year Founded | |
| BuildingStars | 1994 |
| Servpro | 1967 |
| Year Franchised | |
| BuildingStars | 2000 |
| Servpro | 1969 |
| Term Of Agreement | |
| BuildingStars | 5 years |
| Servpro | 5 years |
| Renewal Fee | |
| BuildingStars | |
| Servpro | |
Business Experience Requirements |
|
| Experience | |
| BuildingStars | |
| Servpro | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| BuildingStars | No |
| Servpro | No |
| Start-up Costs | |
| BuildingStars | |
| Servpro | |
| Equipment | |
| BuildingStars} | |
| Servpro | |
| Inventory | |
| BuildingStars | |
| Servpro | |
| Receivables | |
| BuildingStars | |
| Servpro | |
| Payroll | |
| BuildingStars | |
| Servpro | |
Training & Support |
|
| Training | |
| BuildingStars | On-The-Job Training: 1-5 hours Classroom Training: 3-16 hours |
| Servpro | Business development program |
| Support | |
| BuildingStars | The team at your regional Buildingstars support center will provide an initial customer base, train you, handle billing and collection, find and manage additional accounts as you grow, provide marketing support and customer service support on your behalf. We take care of the hardest parts of growing your business so that you can stay focused on service. As you move through the stages of development, gaining expertise and accounts, the Rising Star™ Management Program will adapt to your needs and goals, including identifying the optimal type and size of facility for your business. Management training and support will increase your confidence, your growth and your profits. |
| Servpro | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| BuildingStars | Ad Templates Regional Advertising Social media SEO Email marketing |
| Servpro | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| BuildingStars | Franchise can be run from home. Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Servpro | Franchise can be run from home. 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| BuildingStars | Illinois, Indiana, Missouri, |
| Servpro | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| BuildingStars | |
| Servpro | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| BuildingStars | |
| Servpro | |