|
Below is an in-depth analysis and side-by-side comparison of Service Team of Professionals vs Bio-One Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $48,000 - $144,500 | $85,545 - $133,545 |
Franchise Fee | $48,000 | $35,000 |
Royalty Fee | 5-9% | 7% |
Advertising Fee | - | 2% |
Year Founded | 1971 | 2008 |
Year Franchised | 1996 | 2011 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Our ideal candidate needs to have the drive to really want to succeed. They must have compassion for others and be willing to learn in a constant evolving industry. Someone that has worked for a restoration company or has a civil service background such as police, fire, EMT or paramedic. We also like people that might have a background in construction or with a contractor's license. Minimum 85K to invest. Lastly, they have to be willing to do this full time; no part time owners here. No experience necessary. | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/Yes |
Payroll | No/Yes | -/Yes |
Training & Support |
||
Training | On-The-Job Training: 32 hours Classroom Training: 124 hours Additional Training: Training conventions | 1 week at our training center(s) in Vegas or STL and Hometown training for 1 week On-The-Job Training: 20 hours Classroom Training: 40 hours |
Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Proprietary Software | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development |
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) | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Bio-One Inc. is the first and only successful crime & trauma scene clean-up franchise. Due to our knowledge of the industry, Bio-One Inc. is the leader in bio-recovery world wide. Bio-One's marketing campaigns are industry specific, innovative and have proven successful for years.