ServiceMaster
Home Services Cleaning ServicesCompany Information
Address
One Glenlake Parkway, 14th Floor
Website
Tel
Email
Franchimp Summary Rating
Lower than 52% of peers
Higher than 51% of peers
Franchise Summary
Description
ServiceMaster Residential/Commercial Services Limited Partnership is a Delaware limited partnership formed in December 1990. Our principal business address is 150 Peabody Place, SMC-7000, Memphis, Tennessee 38103-7320. We do business under the names ServiceMaster Clean, ServiceMaster Restore, and ServiceMaster Recovery Management. Throughout this disclosure document, we will refer to ourselves as "ServiceMaster," we" or "our. " You" means the person who buys a franchise. If you are a corporation, partnership, limited liability company or other entity, "you" includes your owners.
Company Background
ServiceMaster is the leading provider of residential and commercial cleaning, disaster restoration, and home services in North America. We are committed to delivering exceptional service at every touch point for our customers.
Franchise Opportunity
You are probably looking for a professional cleaning and restoration company that can help you when disaster strikes. Disaster can strike at any time, leaving your property damaged and in need of restoration. ServiceMaster is here to help. We have over 65 years of experience in the cleaning and restoration industry, and we are dedicated to providing our customers with quality service they can trust.
Corporate Structure
ServiceMaster Residential/Commercial Services is a Delaware limited partnership formed in December 1990. Their principal business address is 3839 Forest Hill-Irene Road, Memphis, Tennessee 38125. They do business under the names ServiceMaster Clean, ServiceMaster Restore, and ServiceMaster Recovery Management.
Royalties and Marketing Fees
Royalties : 7.0% - 10.0% of revenue
Franchisee Attrition
This franchise's rate of attrition in 2019
of 2.19%
was
Slightly Lower
than the 8% in the Cleaning Services industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
| # | Type | Investment | Fees |
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Management Team
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Distribution of ServiceMaster Franchisees
ServiceMaster Franchise System Development in 2024
FAQ
How much investment do I need to start my own ServiceMaster business?
Franchisees typically require at least $104,300 to $179,750 investment to get their ServiceMaster business started
What are the initial franchise fees for ServiceMaster?
Franchisees typically need to pay at least $37,250 in fees directly to ServiceMaster in order to earn the right to launch their business
How much money can I make with a ServiceMaster franchise? What are
the average revenues for a typical ServiceMaster business?
We haven’t done the math on how much revenue a typical
ServiceMaster brings in each year. We estimate that other
franchisees in the Home Services industry generate
$1,131,885 revenue, so we would expect
ServiceMaster to generate a similar amount
How long do I need to commit to running a ServiceMaster unit? What
is my contractual commitment?
ServiceMaster franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$104,300 to $179,750
which is
Much Higher
than the $0 to $0 average in the Cleaning Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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