Year Servicemaster Franchise Began: 1947
Franchising Since: 1948
Headquarters: Memphis, Tennessee
Estimated Number of Units: 4,930
ServiceMaster Clean is an internationally operating janitorial and fully cleaning service for commercial as well as residential properties.
There is some specialty of Franchises in services such as carpeting cleaning, hard floor care, and upholstery and tile cleaning.
Terminix, Merry Maids, AmeriSpec Inspection Services, Furniture Medic and American Home Shield, these all are Sister Services Brands of Service Master
Contents
#1. ServiceMaster Franchise Opportunities
ServiceMaster Franchise Opportunities; The demand is continuously growing for quality, reliable janitorial services, and promising franchise opportunities currently exist throughout North America and around the world.
ServiceMaster Clean is greatly expanding across U.S
Having more than 50 years of experience and with 4,300 ServiceMaster Restore among all, which are Franchised.
#2. ServiceMaster Franchise Cost
How much ServiceMaster Franchise Cost Investment Tables:
| Estimated Initial Investment for Disaster Restoration Services | ||
| Name of Fee | Low | High |
| Initial Franchise Fee | $66,000 | $63,500 |
| Opening Package | $75,000 | $125,000 |
| Vehicle – Purchase or Lease | $3,000 | $4,000 |
| Vehicle Graphics | $975 | $1,500 |
| Required Insurance:Commercial General Liability, Fidelity Bond, Employment Practices Liability Insurance, UmbrellaBusiness AutoWorkers’ Compensation and Occupational Disease InsuranceConstruction Services General Liability InsuranceInsurance for QRV Participating Franchisees:- Pollution Liability- Cybersecurity/Privacy | Annual premium estimates:$3,400 to $9,400$1,000-$3,000$400-$1,200From $2,250 and up, depending on revenue | |
| Travel and Other Expenses for Training | $600 | $1,500 |
| The Institute of Inspection, Cleaning, and Restoration Certification in WRT, ASD, FSRT, or OCT | $260 for all four certifications ($65 per test per individual, or as established by the IICRC) | |
| Computer Hardware and Software Initial Set-up Fees | Included in Initial Franchise Fee | |
| Restore 365 | Initial Set-Up Fee of $3,500 Included in Initial Franchise Fee$400 per month (primary location); $50 per month (additional locations) | |
| Estimating and Pricing Software | $85 per month per seat;Upload Fee: From $5 to $30 per upload based on invoice value | |
| Business Class High-Speed Internet Connection | $300 | $1,000 |
| Advertising – first 3 monthsNational Advertising FundConstruction Services National Ad FundLocal Advertising | The greater of $20 or 1% of gross service sales0.25% of gross service sales from construction services4% of monthly gross service sales | |
| Miscellaneous Opening Costs | $1,000 | $7,200 |
| Working Capital Required | $85,000 | $75,500 |
| Real Estate and Improvements | Varies | |
| Regional Sales Program QRV Fee | $85 per month per XactNet address | |
| ESTIMATED TOTAL* | $235,295 | $300,010 |
The estimated initial investment range does not include potential real estate costs. It also does not include costs for advertising, as these are based on gross service sales.
| Other Fees for Disaster Restoration Services | |
| Type of Fee | Amount |
| Royalty | The greater of $250 or 10% gross monthly service sales. |
| Construction Services Fees | An amount equal to 2% of gross monthly revenue from construction services without any deduction for subcontractor performed work. |
| National Advertising Fund | The greater of $20 or 1% of gross service sales monthly. |
| Construction Services National Ad Fund Fee | 0.25% of gross service sales from construction services. |
| Delinquent Report Fee | $50 per delinquent report. |
| Interest on Overdue Payments | Interest on any overdue payment to us is 1.5% per month or the maximum permitted by law, whichever is less. |
| Transfer Fee | $7,000; $3,500 if transferred to the owner’s adult child who is at least 18 years of age; no fee if transferred to spouse. |
| Initial Training for Additional Persons and Transferees | Additional persons and transferees: $6,310 per person for a 3-week Initial Training (includes tuition and some meals). |
| On-Going Training (per person) | Spring and Fall Regional Meetings: registration fee from $50 to $200. |
| Convention Attendance Fee | $400 to $500 per franchise per year. |
| Renewal Fee | The current Renewal Fee is $2,000 per agreement. If more than one franchise agreement is renewed at the same time, the renewal fee for each additional franchise agreement is $1,500. |
| Lead Fees | $10,000 |
| Add/Delete/ Change Fee | $200 per franchise agreement if adding, deleting, or changing the owner’s name; changing business entity name; change DBA name, or changing the business structure, adding or removing an owner. If any changes listed above are made at the renewal of the franchise agreement, the Change Fee is applicable. However, if the owner(s) being removed or added has 50% or more ownership of the franchised business, it is a transfer, and the transfer fee is applicable. |
| Restore 365 Software; DryTrack Software | Restore 365 Initial Set-up fee of $3,500 per Primary Location is included in the Initial Franchise Fee. Restore 365 Monthly Fee: $400 per month per Primary Location and $50 per month per Secondary Location if franchisees elect to operate Restore 365 at one or more Secondary Locations |
| Audit | Cost of audit plus interest on late payment at the rate of 1.5% per month, or the maximum rate permitted by law, whichever is less, from the date the payment was due until paid. |
| Claims Capture Unit Job Fee | $52.50 per job referred through the CCU. |
| Claim Capture Unit Late Referral Fee Payment Charges | $100 per late referral fee payment. |
| Non-approved Product or Equipment Evaluation | Testing and evaluation fees:Cleaning Product: $250/productFloor Finish: $500/productFloor Finish Remove: $400/productOdor Control: $500/productDehumidifier: $1,000/unitAir Mover: $250/unitAir Scrubber: $500/unitBackpack Vacuum, Small Extractor, Roto, or Burnisher: $400/unitApproval through specifications review: $150 minimum charge |
| Regional Sales Program QRV Fee | $85 per month per XactNet address. |
Related Franchise Ideas:
#3. ServiceMaster Franchise for Sale
What are the ServiceMaster Franchise for Sale Requirements…
- Ideal Candidate should seek a steady client base with long-term business relationship
- Should enjoy creating clean, tidy, healthy environments
- Can travel frequently to customers homes and businesses
Support system
Classroom Training: 80 hours
Additional Training: Annual convention and regional seminars
Number of Employees Required to Run: 3
Contact Details
ServiceMaster Franchise Application form:
https://www.servicemaster.com/franchises
Call for inquiry: (844)-319-5401
