What states have SERVPRO?
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- Alabama.
- Alaska.
- Arizona.
- Arkansas.
- California.
- Colorado.
- Connecticut.
- Delaware.
How many SERVPRO locations are there?
1,900 locations
Today, SERVPRO has more than 1,900 locations in the United States and Canada and has become the #1 choice in cleanup and restoration.
Who is the owner of SERVPRO?
The Blackstone Group
Servpro consists of more than 1,700 franchises in the United States and Canada. In March 2019, The Blackstone Group acquired a majority stake in Servpro Industries, LLC, for an amount reportedly exceeding US$1 billion according to the Wall Street Journal. The Isaacson family reinvested and maintains minority ownership.
Where is SERVPRO headquarters located?
Gallatin, TNServpro / HeadquartersGallatin is a city in and the county seat of Sumner County, Tennessee. The population was 30,278 at the 2010 census and 44,431 at the 2020 census. Named for United States Secretary of the Treasury Albert Gallatin, the city was established on the Cumberland River and made the county seat of Sumner County in 1802. Wikipedia
How many SERVPRO franchises are there in the United States?
A trusted leader in the restoration industry, SERVPRO is ranked in the top 8 franchises in Entrepreneur’s 2022 Franchise 500® and #1 in the restoration category. With more than 2,000 Franchises, SERVPRO has earned the reputation as #1 choice in the multi-billion-dollar cleanup and restoration industry.
What is the largest restoration company?
Belfor Restoration Belfor is the largest restoration in the world with more than 7000+ employees.
How does SERVPRO make money?
They charge 10 percent of total gross sales in royalty fees and 3 percent in ad fees. When considering that most successful businesses operate with an approximate profit margin of 20 percent, that 13 percent that ServPro takes out becomes huge.
Can you make money owning a SERVPRO franchise?
Servpro Franchise Owners earn $41,000 annually, or $20 per hour, which is 38% lower than the national average for all Franchise Owners at $60,000 annually and 47% lower than the national salary average for all working Americans.
Does SERVPRO guarantee their work?
SERVPRO makes no warranties of any kind, whether expressed or implied, as to the accuracy, reliability, or completeness, of any information or content provided on this website.
How much does it cost to open a SERVPRO franchise?
To buy a franchise with SERVPRO, you’ll need to have at least $40,000 in liquid capital. Franchisees can expect to make a total investment of $159,000 – $213,000. SERVPRO charges a franchise fee of $49,000 / Equipment Costs $67,000.
Is SERVPRO a Fortune 500 company?
SERVPRO, a cleanup and restoration franchise company, was named to Entrepreneur magazine’s Franchise 500 list, receiving top ranking in the Restoration Services industry for the 15th consecutive year.
Who is the largest restoration company in the United States?
Belfor Restoration Belfor is the largest restoration in the world with more than 7000+ employees. There are more than 100 Belfor locations in the country and they also operate an extensive fleet of restoration vehicles.