24
SERVPRO
November 12, 2024 at 6:26:33 PM
Last Year Rank:
32
-
Investment Range:
-
Initial Investment:
-
Category:
$241,270 - $301,775
$90,000
Cleaning Services
Company Description
ServPro is a cleaning and restoration franchise that specializes in emergency water repairs and home restorations. Founded by Ted and Doris Isaacson in 1967, Blackstone, a private equity firm, acquired a majority stake in the company in 2019. The Isaacson family remains a significant shareholder with Rick Isaacson, youngest son of the founders, brought in as CEO in 2019.
The company started as a painting business in Sacramento, California, and owns the Bristol-Myers Domesticare Division. ServPro is headquartered in Gallatin, Tennessee.
ServPro professionals are available 24/7 to assist with restoration or cleaning projects. Specialty services, such as biohazard cleanup, electronics restoration, and crime scene cleanup are offered by many franchises.
Company Statistics
Global Sales: $4,568,796,226US Units: 2,202International Units: 27Total Units: 2,229Percent Franchised: 100%% International Units: 1%US Franchised Units: 2,202International Franchised Units: 27Sales Growth %: 24.9%Unit Growth %: 4.4%
Company Statistics
-
Global Sales:
$4,568,796,226
-
US Units:
2202
-
International Units:
27
-
Total Units:
2229
-
Percent Franchised:
100%
-
%International Units:
1%
-
US Franchised Units:
2202
-
International Franchised Units:
27
-
Sales Gowth%:
24.90%
-
Unit Growth%:
4.40%
Franchise Financial Overview
-
Starting Year:
-
Franchise Fee:
-
Royalty Fee:
-
Financing Available: