Prism Specialties Claimed
Prism Specialties Franchise For Sale
Prism Specialties is the leading franchise in specialty restoration services for those affected by a disaster. Whether residential or commercial, Prism Specialties proudly serves and delivers effective recovery solutions including Textiles & Soft Goods, Electronics & Appliances, Art & Collectibles, Documents and much more.
Franchise Background
Franchised Units: 150+
Company Owned Units: 0
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Hawaii - HI, Idaho - ID, Illinois - IL, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Maryland - MD, Massachusetts - MA, Michigan - MI, Minnesota - MN, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, North Dakota - ND, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Rhode Island - RI, South Carolina - SC, South Dakota - SD, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, Virginia - VA, Washington - WA, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: No
International Franchises: No
Financial Terms
Minimum Net Worth: $50,000
Single Unit Franchise Fee: $50,000
Franchise Fee for each addtion unit: $50,000 for 1 unit; $67,500 for 2 units; $85,000 for 3 units
Royalty: 7%
Ad: 2%
Other Fees: 1% brand marketing
Average Number of Employees at Start/at Maturity: 3 employees (Owner, Technician per Service Line, Business Development Manager)
Item 19: Yes
Visa Candidates: No
Passive Ownership: No
Semi-Passive Ownership: Yes
Specify: The owner will follow the business plan set form, execute on the marketing and sales programs, and foster B2B relationships with key audience members. The Technician will be hands on and the Business Development Manager will focus on sales.
Owners do not perform the restoration work, and the franchise has a strong support structure at a home office...with family-friendly hours.
Semi-absentee only considered with General Manager in place.
Home-Based: Yes
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes($2,000 Discount off FF)
Support & Training
Lease Negotiation Assistance: No
Recruiting Assistance: No
Cooperative Advertising: No
Training:
Jump Start program (8-10 weeks) and Initial Training Program (5-10 days), as well as field visits and ongoing training.
This includes Service Line training, Sales training, Technical training as well as regional meetings and a national convention.
Ideal Candidate
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