Servpro

Founded: 1967 Franchising since: 1969
Servpro started out in 1967 as a painting business. Two years later, founders Ted and Doris Isaacson began franchising it as a cleaning and restoration company. In 1988, they moved the company from Sacramento, California to Gallatin, Tennessee in order to be within 600 miles of 50 percent of the U.S. population.

Servpro franchisees specialize in disaster restoration, offering cleanup and repairs to both commercial and residential customers whose property has suffered fire or water damage. They also offer mold remediation, carpet and upholstery cleaning, air duct and HVAC cleaning, and other related services.

801 Industrial Blvd. Gallatin, Tennessee 37066

Phone: (800)826-9586/ (615)451-0600

Franchisor has 180 employee(s); 7 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	1478	0	0	0
2008	1,420	0	0	0
2007	1,368	0	0	0
2006	1,310	0	0	0
2005	1,270	0	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Total investment: $100.3K-161.2K Franchise fee: $40K

Ongoing royalty fee: 3-10% Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	Yes
Startup Costs	Yes	Yes
Equipment	Yes	Yes
Inventory	Yes	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $60K
Business Experience:

• General business experience
• Marketing skills

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)

Training

• Available at headquarters: 2-1/2 weeks
• At franchisee's location: 1 week
• Business development program

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising

Other marketing support

• National accounts marketing

Franchise 500® rank:
#28 (2009); #28 (2008); #25 (2007); #43 (2006); #34 (2005);

Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#57 (2009); #66 (2008); #100 (2007); #74 (2006); #75 (2005);

Top Home Based Franchises:
#3 (2009); #4 (2008); #4 (2007); #8 (2006); #8 (2005);