Service Team of Professionals vs Fast & Friendly Floorcare Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Service Team of Professionals vs Fast & Friendly Floorcare including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Service Team of Professionals Franchise
Fast & Friendly Floorcare Franchise
Investment $48,000 - $144,500$12,405 - $27,300
Franchise Fee $48,000$2,500
Royalty Fee 5-9%-
Advertising Fee --
Year Founded 19711995
Year Franchised 19962006
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Service Team of Professionals Franchise
Fast & Friendly Floorcare Franchise
Experience
  • Aptitude for management, ability to follow directions
    		• -

    Financing Options
     
    Service Team of Professionals Franchise
    Fast & Friendly Floorcare Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Service Team of Professionals Franchise
    Fast & Friendly Floorcare Franchise
    Training On-The-Job Training: 32 hours Classroom Training: 124 hours Additional Training: Training conventions -
    Support Purchasing Co-ops Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Proprietary Software -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing -
    Operations Franchise can be run from home.

    5% of all franchisees own more than one unit

    - 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Service Team of Professionals Franchise
    Fast & Friendly Floorcare Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Service Team of Professionals

    Service Team of Professionals (STOP) was founded in 1971 by Mack Clark, a former employee with General Dynamics, Honeywell and BF Goodrich. STOP franchisees specialize in fire, smoke and water damage cleanup and restoration, deodorizing, and carpet and furniture repair.

    The total investment necessary to begin operation of a STOP franchise business ranges from $48,000 (for an existing cleaning company not requiring a work vehicle, additional equipment nor certain training that we require each franchisee to have) or from $83,700 to a high investment range of $144,500 for both start-up and existing companies. This includes $80,000 to $82,000 that must be paid to the franchisor or their affiliates.

    #122 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
    Veteran Incentives  10% off franchise fee

    About Fast & Friendly Floorcare

    Fast & Friendly was initially a cleaning service - providing residential maid service and commercial office cleaning. So many of our customers asked us to clean their carpets that we decided to offer carpet cleaning. Once we started doing carpet cleaning, customers were asking us to clean their tile floors, thus, the beginning of Fast & Friendly Floorcare. Over the next few years we traveled all around the country, taking classes, attending seminars, going to conventions to learn about floor care. Then, practicing on friends and family. In 1995, we started Fast & Friendly Floorcare in a spare bedroom, with a well-used van, a vacuum cleaner bought at the flea market, a five year old floor buffer and an upholstery cleaning machine. After a lot of hard work, some trial and error, and a bit of good luck, we now have a comfortable office, secretary, employees, multiple vans and lots of state of the art equipment. And now, we do only floors….and upholstery cleaning. In addition, in 2007, we began offering franchise opportunities to qualified, motivated people - where we share our knowledge, expertise, and our marketing and management success systems beginning with 2 weeks of training at our headquarters in Ft. Lauderdale Florida, and continued support 24/7.