PuroClean
Date of Incorporation: 1990
Franchising Since: 1991
Headquarters: Tamarac, Florida
Country: U.S.
Business Description: A Puroclean business provides drying, cleaning, painting, repair, mitigation, remediation, construction and replacement services and subcontract services to insurance companies, business and residential clients and others who have been subject to fire, flood, vandalism, trauma, mold and/or other casualties, as well as, purification, cleaning and odor removal services and products, all according to the franchisor's established system whether or not casualty related.
Franchise Offer: Puroclean offers Franchise Businesses which provide: (a) drying remediation, mitigation and cleaning services along with structure repair on property casualty losses and related forms of property damage; and (b) purification remediation, mitigation and cleaning of HVAC systems, indoor air, structures, real property and personal property whether or not damaged by a casualty loss. A Puroclean franchise will provide all services such as, restoration, remediation, mitigation, construction, purification and other related services and products to businesses and residential clients whether or not insurance covers them.
Financial Assistance: The franchisor does not offer direct financing to their franchisees. The franchisor does, however, offer indirect financing to their franchisees through Sutton Leasing (our current designated van supplier). The franchisee also may obtain financing for his or her Initial Equipment Package from Aztec Financial.
Training and Assistance: The initial training program consists of fifteen days of classroom training which may not be consecutive. Training materials will include the Manuals and use of equipment and supplies. The Initial Field Trainers may conduct initial field marketing training. The field marketing training may last up to five days following initial classroom training. The initial field training will consist of industry standard office set-up and outside sales calls.
Territory: The franchisee will not receive an exclusive territory under the terms of the Franchise Agreement, although the franchisee will receive a protected office location. The franchisee will be assigned a protected office location where the franchisee must establish and operate an office for the Franchise Business. The protected office location is a specific agreed upon area identified in the Franchise Agreement containing a population generally of up to 100,000. The office may be located at the personal residence (where permitted) or a new or existing place of business; provided, personal residence or place of business is located in protected office location.
Term of Agreement and Renewal: The term of the franchise agreement is 20 years. Renewal or extension of the term is for one consecutive term of 10 years.
Obligations and Restrictions: The franchisee must exclusively and directly supervise the Franchise Business for at least forty hours of each business week and must devote a full-time effort to directing outside sales (or hire an experienced outside salesperson). If the franchisee has purchased an additional franchise then the franchisee may employ a fully trained manager for the management and operation of the second Franchise Business. The manager must have attended the initial classroom-training program prior to employment. The Franchise Agreement prohibits the franchisee from offering or selling any goods or services that the franchisor has not approved in writing. The franchisee must sell all goods and services that the franchisor authorizes.
Total Number of Units: Over 310 units.
Investment Tables:
Initial Investment:
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $45,000 | $45,000 |
| Van | $1,500 | $2,040 |
| Initial Equipment and Supplies Package | $3,500 | $4,500 |
| Freight | $0 | $1,500 |
| Insurance Premium | $4,000 | $6,000 |
| Office Furniture | $0 | $2,200 |
| Office Supplies | $100 | $300 |
| Telephone & Utility Deposits and Fees | $350 | $500 |
| Professional Fees | $0 | $500 |
| Uniforms | $200 | $500 |
| Opening Advertising and Marketing Materials | $0 | $2,200 |
| Training Expenses | $3,100 | $3,100 |
| Facility Rent | $0 | $2,500 |
| Business Licenses | $0 | $550 |
| Computer and Printer | $1,200 | $2,500 |
| Business & Claims Management Systems Software | $275 | $275 |
| Web-Based Software | $75 | $75 |
| Insurance Industry Claims Estimating Software | $282 | $282 |
| Security Deposit | $0 | $3,000 |
| Camera | $100 | $250 |
| Additional Funds (three month period) | $9,000 | $15,000 |
| TOTAL | $68,682 | $92,772 |
Ongoing Fees:
| Name of Fee | Amount |
|---|---|
| Royalty Fee | For first $0 to $19,999.99 of Gross Receipts: 10% For next $20,000 to $39,999.99 of Gross Receipts: 9% For any remaining Gross Receipts of $40,000 and over: 8% |
| Optional Training Program Fee | The franchisor may charge each individual a fee for attending any optional or additional training seminars. There is no fee for attending the initial training program. |
| Transfer Fee | $20,000 or the then-current Transfer Fee at the time of the transfer |
| Accounting Fee | Cost of Accountant |
| Administrative & Bank Fees | Actual Bank Fees plus $25.00 |
| Audit by Franchisor | Cost of Audit |
| Indemnification | Will vary under circumstances |
| Late Fee | Greater of $10 or 5% per day of Royalty Fee due |
| Taxes and Fees | Federal, State, or local taxes |
| Yellow Pages and Local Advertising | Minimum 1/4 page display ad and 2% of Gross Receipts on local advertising and promotion |
| Marketing Fee | 2% of Gross Receipts |
| Annual National Convention Registration Fee | $500 to $1,000 per year |
| Minimum Purchase Requirements | $5,000 per year |
| Telephone Service Fee and Equipment | $1,010 per year |
| Software | $275 per user per year |
| Web-based Software | $25 per month ($300 per year) |
| Insurance Industry Claims Estimating Software | $94 per month |
| Interference with Relations Fee | $25,000, plus any broker/referral fee (interference with prospective franchisee) or lost employee's first year salary. |
| IICRC Examination Fees | $100 (2 exams at $50 each) |
Date of FDD: 2010.
The above information has been compiled from the FDD of PuroClean along with online sources.
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