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Below is an in-depth analysis and side-by-side comparison of Servpro vs Magic Bubbles including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $167,575 - $221,450 | $79,025 - $197,800 |
Franchise Fee | $60,000 | $30,000 |
Royalty Fee | 3-10% | 6% |
Advertising Fee | 3% | 1% |
Year Founded | 1967 | 2007 |
Year Franchised | 1969 | 2016 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | -/- |
Start-up Costs | No/No | -/Yes |
Equipment | Yes/Yes | -/Yes |
Inventory | Yes/Yes | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Business development program | On-The-Job Training: 1 week Classroom Training: 1 week |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates |
Operations |
Franchise can be run from home. 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 10
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | No | - |
What began with some strategic door-to-door marketing in 2007 quickly evolved into the founding of Magic Bubbles, Palm Beach County’s premier pressure cleaning company. Since the opening of our first office location in 2010, we have continued to grow and expand, adding the most trained professionals and state-of-the-art detailing trucks, to provide top-notch customer service and satisfaction. Because of our continued success, we’ve been featured on the local news as a “Business to Watch” and also on the “Best Businesses to Work For” list. To better service the cities in and around Palm Beach and Martin counties, we’ve recently relocated our headquarters to Lake Worth, Florida and centralized our service options to residential and commercial pressure cleaning. With our new central location, Magic Bubbles offers the most convenient and affordable maintenance programs Palm Beach County has to offer!