Question 1

How much does it cost to open a SERVPRO franchise?

Accepted Answer

The total initial investment for a SERVPRO franchise ranges from $259K to $380K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the SERVPRO franchise fee?

Accepted Answer

The initial franchise fee for SERVPRO is $100K.

Question 3

What are the net worth requirements for a SERVPRO franchise?

Accepted Answer

Net worth requirements for SERVPRO are specified in the Franchise Disclosure Document.

Question 4

Does SERVPRO require a personal guarantee?

Accepted Answer

Yes, SERVPRO requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a SERVPRO franchise?

Accepted Answer

Equipment costs for a SERVPRO franchise range from $108K to $108K. Initial inventory costs range from $4K to $9K.