Servpro is a franchise business opportunity for the entrepreneur looking to start their own business in the cleaning industry. The company has been around since the late 60’s and has been a proven system for many. Here is a simple review of this franchise business.
Servpro was created in 1967 by Ted and Doris Isaacson, Servpro Industries, Inc. and has been a leader in the carpet and upholstery cleaning business ever since. The cost of starting your business opportunity will be a start up cost of around $36,000 but, in the end will cost a grand total of nearly $160,000. The business also comes with a 3%-10% franchise fee or, “royalty fee” that will have to be paid monthly and usually out of the gross earned by your independent business.
There are many different franchise opportunities in the carpet and upholstery cleaning industry to choose from. There are things to consider before purchasing such an expensive business opportunity. First off is the cost, although truck mounted units look nice, portable units, for those of us in the industry who understand, are just as good and much easier on the pocket. Franchise fees are the one reason that many turn to alternate start up programs today because of the fact that your income should be your income.
Servpro however does come with a solid history of creating many successful entrepreneurs in the carpet cleaning industry which should not be overlooked. Given that cost, and continual franchise fees during the slow seasons does not affect you, this industry is one of the best and simplest ways to find success as your own boss. Servpro is a long and lasting franchise business opportunity that many entrepreneurs should consider, but it is a must to complete your due diligence before the out lay of time and thousands of dollars.