Silbar Security
Professional Services Security related servicesCompany Information
Address
1508 Technology Dr., #101 Chesapeake, VA 23320
Website
Tel
Email
Franchise Summary
Description
The Franchise offered is for the establishment and operation of a law enforcement-based security service business that offers uniformed security officers, vehicle patrol services, event staffing, surveillance, consulting and related security services for residential and commercial contracted clients.
Corporate Structure
We are a Virginia corporation, incorporated on December 17, 2013. We do business under the same name as our corporate name 'Silbar Franchise Group Corporation' and may also use the name 'Silbar Security.' Our principal business address is 133 Kempsville Road, Chesapeake, Virginia 23320. We operate and sell franchises for the operation of a security services business known as 'Silbar Security' (the 'Business,' 'Franchise,' or 'Franchised Business'). We have offered franchises since January 7, 2015. We have never offered franchises in any other line of business. We have not conducted business of the type to be franchised. Exhibit B contains our agents for service of process.
Earnings Transparency
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Franchise Types Available
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Employee Contact Database
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Silbar Security Franchise System Development in 2021
FAQ
How much investment do I need to start my own Silbar Security business?
Franchisees typically require at least $92 to $215 investment to get their Silbar Security business started
What are the initial franchise fees for Silbar Security?
Franchisees typically need to pay at least $58 in fees directly to Silbar Security in order to earn the right to launch their business
How much money can I make with a Silbar Security franchise? What are
the average revenues for a typical Silbar Security business?
We haven’t done the math on how much revenue a typical
Silbar Security brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
Silbar Security to generate a similar amount
How long do I need to commit to running a Silbar Security unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$92,000 to $215,900
which is
Much Lower
than the $0 to $0 average in the Security related 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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