Start-Up Costs and Fees |
||
| Servpro | Renew Crew | |
| Investment | 167575 - 221450 | 36800 - 63625 |
| Franchise Fee | 0 | |
| Royalty Fee | 3-10% | $600-$1,800/Mo. |
| Advertising Fee | 3% | |
| Year Founded | 1967 | 0 |
| Year Franchised | 1969 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Servpro | Renew Crew | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Servpro | Renew Crew | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Servpro | Renew Crew | |
| Training | Business development program | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 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 |
||
| Servpro | Renew Crew | |
| US Expansion | 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 | 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 | |
| Servpro | |
| Renew Crew | |
| Franchise Fee | |
| Servpro | |
| Renew Crew | |
| Royalty Fee | |
| Servpro | 3-10% |
| Renew Crew | $600-$1,800/Mo. |
| Advertising Fee | |
| Servpro | 3% |
| Renew Crew | |
| Year Founded | |
| Servpro | 1967 |
| Renew Crew | 0 |
| Year Franchised | |
| Servpro | 1969 |
| Renew Crew | 0 |
| Term Of Agreement | |
| Servpro | 5 years |
| Renew Crew | |
| Renewal Fee | |
| Servpro | |
| Renew Crew | |
Business Experience Requirements |
|
| Experience | |
| Servpro | General business experience Marketing skills |
| Renew Crew | |
Financing Options |
|
| Franchise Fees | |
| Servpro | Yes |
| Renew Crew | Yes |
| Start-up Costs | |
| Servpro | |
| Renew Crew | |
| Equipment | |
| Servpro} | |
| Renew Crew | |
| Inventory | |
| Servpro | |
| Renew Crew | |
| Receivables | |
| Servpro | |
| Renew Crew | |
| Payroll | |
| Servpro | |
| Renew Crew | |
Training & Support |
|
| Training | |
| Servpro | Business development program |
| Renew Crew | |
| Support | |
| Servpro | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Renew Crew | |
| Marketing | |
| Servpro | Co-op advertising, Ad slicks, National media, Regional advertising |
| Renew Crew | |
| Operations | |
| 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) |
| Renew Crew | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Renew Crew | 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 | |
| Servpro | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Renew Crew | |
| International Expansion | |
| Servpro | |
| Renew Crew | |