Answers to FRSTeam Franchise FAQs
Have a question about starting an FRSTeam Restoration franchise? Here are our FRSTeam Franchise FAQs.
What is FRSTeam Restoration?
FRSTeam Restoration offers full contents restoration services, as well as specialty and emergency dry cleaning and laundry services for fabrics and electronics, providing an essential service for people who recently experienced a residential or commercial disaster that led to items damaged from smoke, fire, water and mold. Founded in 2006, the company has expanded to nearly 50 locations throughout the United States. FRSTeam has also provided aspiring entrepreneurs a sound and viable business opportunity with its low cost, easy-to-scale business model in a booming restoration industry.
How much does a FRSTeam franchise cost?
The total investment needed to begin operations is between $43,375 and $409,000, significantly lower than similar competitors in the industry. The initial franchise fee is between $37,375 and $47,375. This includes territories up to 500,000 households. The franchise fee is increased by $10,000 for territories with more than 500,000 households.
What are the financial requirements for franchising with FRSTeam?
To franchise with FRSTeam, you will need a minimum liquid capital of $100,000 to open your business.
Is there a continuing royalty fee?
Yes, all franchisees are required to pay 6% of gross revenue to help fund our ongoing support services and continued development of new systems, equipment, software, training programs and operation upgrades.
What experience do I need?
Franchisees don’t need previous restoration experience to thrive in an FRSTeam location. FRSTeam provides detailed training, with more than 60 hours of on-the-job training, and nearly 50 hours of classroom training. Management also helps with all the ins and outs of marketing your business, and offers ongoing support, including on-site visits and educational programs. And, you’ll have access to all the FRSTeam procedures, systems, and materials.
Why should owners of dry cleaning businesses convert into FRSTeam franchise owners?
Owners of dry cleaning businesses already have made the significant investment in the equipment necessary to thrive in the contents restoration business. Having the equipment is a tremendous head start. You can transition your existing business into a recession-resistant, essential contents restoration business always in demand. We will provide all the training and ongoing support you need to thrive in a new business and make your transition into contents restoration as seamless as possible.
Do you offer a military discount?
Yes. FRSTeam believes that veterans make extraordinary entrepreneurs, and we’re committed to helping veterans leverage their significant leadership skills into an incredible life in business. Through our partnership with VetFran, we proudly offer 15% off of our initial franchise fee to honorably discharged veterans. We thank you for your service!
Ready to open a FRSTeam contents restoration franchise?
To learn more about the FRSTeam contents restoration franchise opportunity, please complete the inquiry form and a member of our team will reach out. We can’t wait to learn more about you!