Home Services
Servpro
Market-leading fire and water damage restoration and cleanup franchise serving residential and commercial clients.
Business overview
Servpro has over 1,900 franchises specializing in disaster restoration and cleaning services. The initial investment for a Servpro franchise is about $159,000 to $213,000 (including equipment and training). The franchise fee is $49,000. New owners need approximately $100,000 in net worth and $105,000 in liquid capital. Servpro’s royalty structure starts around 3% of gross volume and can scale up to 10% as sales increase. The national ad fund is relatively low. Servpro’s strong reputation – “Like it never even happened” – and national accounts have made it the leading franchise in the restoration industry, with franchisees often benefiting from referrals and insurance partnerships.
Research factors
Detailed questionnaire data has not yet been independently reviewed for this franchise.