Wednesday
May262010
PuroSystems Franchise
Property restoration and reconstruction services formerly known as Purofirst Int'l. Inc.
Richard D. Spohn and Rory O'Dwyer, two insurance restoration entrepreneurs, joined forces in 1986 to create PuroSystems Inc., a property casualty restoration and reconstruction provider. PuroSystems franchise business owners repair water, fire and smoke damage and perform structural repairs and reconstruction.
Start-up Costs & Franchises Fees
What is the total cost to open a PuroSystems Franchises?
Total Cost: $81,500-$122,400
Total Franchise Fees: $35,000 USD
Ongoing Royalty Fees: 8-10%
Ongoing Advertising Fees: Not Available
Term of Agreement: 20 years
Contact Information for PuroSystems
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PuroSystems Inc. |
Phone Number: (800)247-9047 |
Historical Expansion
In what year did PuroSystems begin operations? 1986
When did PuroSystems begin selling franchises? 1991
Year United States Canada International Corporate 2006 125 1 0 0 2005 81 0 0 0 2004 83 0 0 0 2003 84 0 0 0
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No No Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes