FRSTeam

Overview

Website: frsteamfranchise.com/

Franchise Fee: $65,000

Royalties: 6% / Royalty is based on payment

Cash Investment: $100,000

Total Investment: $138,875 - $553,500

Net Worth: $500,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

As one of the largest full-contents specialists in the restoration industry, FRSTeam has a track record of success over the last 35+ years. Our close-knit community of franchisees is committed to restoring contents. We assist our customers with getting their lives and businesses back on track; quickly and efficiently with much care and concern.
FRSTeam has over 50 locations and assisted over 250,000 customers with restoring those items they care about most: their personal belongings. We pride ourselves in handling every claim with our vision statement at the forefront “To exemplify heartfelt care and concern for our communities by providing innovative products and services that help support and retore the lives of those we serve.”
FRSTeam works closely with insurance companies and offers a robust business model focusing on both Commercial and Residential properties.
WHY FRSTeam?
47% of overall revenue derived from national insurance programs which are managed by the franchisor.
Preferred and Contracted Partnerships with over 35 insurance programs.
Proven Track Record: Our first program was signed in 2009 and successfully continues today.
Recession and Pandemic Resistant Industry
Strong Validation: The first five franchisees to join our brand in 2006 are still a part of FRSTeam today.
High-Profit Margins
Unlimited Growth Potential – Scalability
OUR IDEAL FRANCHISEE
Highly client service-oriented and enjoy helping people during a time of need.
Independent thinkers who are still capable of following a proven sales and business model and understand the need to be active in their day-to-day operations.
Outgoing personality, enjoy managing a team, are quick on their feet, strong at building relationships and networking with a history of professional success.
AVAILABLE MARKETS
US markets available: Please submit territory checks to leads@EmpowerFranchising.com
HOT Regions/Desirable: Las Vegas, NV; Boise, ID; Santa Fe; Hartford, CT; New Haven, CT; West Palm Beach, FL; Rochester, NY; Halifax and Ottawa- Canada; Omaha, NE; Green Bay, WI; Madison, WI; Huntsville, AL; Albuquerque, NM; Kansas City, KS; Miami, FL
NOT available: Please submit territory check
Available in Canada: Yes
International Referrals: No
BACKGROUND
Year founded: 1988
Year Franchised: 2006
Number of franchises currently operating: 49
Number of International franchises currently operating: 2
Number of corporate owned franchises: 2
Home Based: No
Absentee ownership available: No
Semi-Absentee ownership available: No
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: 18
E2 Visa Friendly: No
FINANCIAL DETAILS
Franchise Fee: $65,000 (small market); $75,000 (large market)
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: Single Unit: $138,875 - $553,500
Net worth requirement: $500,000
Royalty: 6% / Royalty is based on payments received
Additional fees: 2% - Brand Fund is based on payment received
Financial assistance available: No
VetFran program: Yes
Veterans/Minorities/First Responders Discount? Yes, 15%
SUPPORT & TRAINING PROVIDED
Training and support program details:
Each new Franchisee also has an Onboarding Team to help guide them from signing through operational start ensuring the
fastest turn-around possible. In general, our goal is to always have new Franchisees ready to start their business within one
(1) month of training graduation, or sooner. FRSTEAM Training consists of the following:
QUICK ST

Why FRSTeam?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1988

Year Franchised: 2006

Home Based: No

Financial Details

Franchise Fee:$65,000
Providing Earnings Guidance in Item 19 in FDD:Yes
Total Investment Range: Single Unit: $138,875 - $553,500
Net Worth Requirement:$500,000
Royalty:6% / Royalty is based on payment
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: