PuroClean Franchise Startup Cost, Revenue and Profit Margin
PuroClean offers a variety of remediation services to property owners, home service providers, and the insurance industry.
This company opened its doors for business in 1990 and began franchising a year later. Headquartered in Tamarac, Florida, it is seeking to open franchise units throughout the United States in addition to going international.
Prospective franchisees in Central America, Canada, New Zealand, Australia, Mexico, East & Western Europe as well as South America can apply for this franchise opportunity.
The Ideal Candidate
PuroClean has a profile of its ideal candidate. It doesn’t matter the background. This franchisor provides all the training required. Ideal candidates should possess sales and marketing experience accompanied by a history of financial success.
Such a candidate must be able to think independently and outside the box.
A prospective franchisee should seek financial success, must desire to give back and support the community they operate in and must be able to follow the franchisor’s proven marketing system. What more? You must be financially qualified.
In other words, your credit scores must be high (680 & above), be able to pay the franchise fees and living expenses. Customer service skills are desirable too.
As a prospective franchisee, you must be able to meet PuroClean’s financial requirements. This is an investment in the future which is sure to attract huge rewards. The total initial investment cost depends on what you want. For better understanding, there’s a total initial investment ranging from $71,190 to $99,305.
However, will require vehicle, equipment and supplies package financing.
On the flip side, prospective franchisees who pay a total initial investment within the $141,440 to $166,415 range won’t be needing financing. This covers vehicle purchases, as well as for equipment and supplies.
Other costs include the initial franchise fee of $50,000, a minimum net worth of $200,000, and minimum liquidity of $70,000. The start-up costs cover insurance, marketing, office furnishings, including several months of working capital pending when the business begins to turn a profit.
How Many Earnings Can You Make?
Potential earnings aren’t disclosed by this franchisor. This is due to regulations that guide its operations. However, to get a satisfactory answer, this information is supplied to you in written form through its Franchise Disclosure Document (FDD) under item 19.
Getting this information will require filling and submitting the “Confidential Request for Consideration” form.
However, testimonials from existing franchisees reveal that earnings are great. In addition to this, the owners don’t seem to regret joining the PuroClean franchise at all.
PuroClean franchise ensures its franchisees get the needed financial assistance available. This is provided through its financing arrangements. It has third party agreements with lenders who provide financing covering different operational areas such as the franchise fee, equipment, and start-up costs.
There’s also an in-house financing provision that covers the franchise fee.
However, prospective franchisees are free to make their financing arrangements. PuroClean is a sponsor of the VetFran program which offers discounts to honorably discharged veterans. As a veteran, you get a 25% discount off the franchise fee.
Training is provided for new franchisees. However, this isn’t restricted as existing franchisees also benefit from ongoing training. This is meant to enhance their chances of success. The training program is held at the PuroClean Academy in Tamarac, FL.
This three-week training includes full technical training on a wide range of remediation and cleaning services.
These include training on fire and water damage, mold and biohazard remediation as well as carpet and upholstery cleaning.
Additional areas included in the training program are operations, sales, and marketing in addition to field training which will be provided in your franchise outlet. As much information is offered to help franchisees become and remain successful throughout their franchise ownership.
Support is central to its operations as a franchise. PuroClean provides different types of support to franchise owners.
The main support categories include marketing and ongoing support. Let’s break each of these down for better understanding.
PuroClean’s ongoing support includes security and safety procedures, access to the use of its proprietary software and a grand opening ceremony. Others include a toll-free line, membership to its purchasing cooperatives, newsletter and meetings/conventions.
Additional support areas include membership of franchisee intranet platform, field operations, and online support.
Marketing support helps franchisees with their marketing campaigns. This covers cooperative advertising, the use of its ad templates for marketing, email marketing, website development, SEO, plus national and regional media advertising.
Get More Information
If you’re still undecided and have unresolved questions, you can apply for more information by downloading its franchise kit. Information provided in the kit is more specific based on the information included in the form.
Another way to get more information is by giving the franchisor a call on 1-800-351-2282. All relevant information is provided without pushing for a sale. The point here is to help you determine if this franchise opportunity fits your specific needs.
A one-on-one meeting can be scheduled with the franchisor when you feel your needs will be better expressed by a physical meeting. The franchisor is ever willing to organize such a meeting whenever you choose to have it.
This is the next step to take in actualizing your desire to become a PuroClean franchise. An online form has been made available for this purpose. You only need to fill and submit the form and wait to be contacted. Contact is established within a short time by a PuroClean representative for further discussions.
Any questions you have are fully answered and your needs are taken into consideration. You are also given all the assistance required to start within the shortest possible time.
This information seeks to guide you through the entire process of application. First, we’ve provided the requirements for owning this franchise opportunity as well as locations the franchisor is interested in opening new units.
However, more detailed information will be made available after contacting the franchisor.