Servpro is a top franchise that specializes in fire, water and mold restoration services, disaster recovery, mold remediation and construction. Servpro has national account programs with nearly all insurance carriers, many property management companies, retail stores, hospitals and 15% of the residential market share throughout the US. With a 98.6% success rate, Servpro has become a top 5 franchise every year in terms of investment and return. I have been in the corporate system for 3 years training owners to work with our national accounts vendors. With this experience coupled with prior experience in owning my own businesses in service industries I am confident to purchase an existing franchise in Southern California. I am qualified for an SBA Loan to purchase this franchise; however, with the predicted storms of El Nino, it would be advantageous to leverage this storm and my existing centers of influence to purchase additional vehicles, lease a larger warehouse, purchase additional equipment and have excess capital for COGS. I can capitalize on an investment with these purchases to not have to turn storm event jobs down and build rapport with the community and insurance companies during a sensitive time. I will be inheriting 4 trained staff which are licensed for all required certifications, 2 vehicles, a leased office/warehouse and a population 1.5 times the size of the average population.
I am seeking additional funding to invest in mostly tangible assets in preparation for the rapid growth once I become an owner.