How does Servpro work?

Its team uses advanced equipment to detect moisture in the home, remove standing water, and thoroughly clean and dry your belongings. SERVPRO’s professionals will finish the job by deodorizing and sanitizing the home.

Does Servpro do financing?

Go to the ServPro franchising website and review its financial requirements, including cash-on-hand requirements. Reach out to ServPro about in-house financing for franchisees. Apply for financing online or in person as required by the lender.

Does Servpro do plumbing?

We Can Help. A storm, flood or plumbing problem can leave your home with extensive water damage. SERVPRO’s professionals specialize in repairing and restoring following residential water damage. Our customer-focused professionals will assess the residential water damage to your property.

What equipment does Servpro use?

Drying / Dehumidification SERVPRO® will manipulate temperature and relative humidity to remove the remaining moisture. We use specialized equipment, including industrial air movers and dehumidifiers, to remove water retained by building materials and other hard-to-access moisture.

Where is SERVPRO headquarters located?

Gallatin, TN
Servpro/Headquarters

Who is the owner of SERVPRO?

Servpro consists of more than 1,700 franchises in the United States and Canada. In March 2019, The Blackstone Group acquired a majority stake in Servpro Industries, LLC, for an amount reportedly exceeding US$1 billion according to the Wall Street Journal. The Isaacson family reinvested and maintains minority ownership.

How much does it cost to open a SERVPRO franchise?

To buy a franchise with SERVPRO®, you’ll need to have at least $40,000 in liquid capital. Franchisees can expect to make a total investment of $159,000 – $213,000. SERVPRO® charges a franchise fee of $49,000 / Equipment Costs $67,000.

Will SERVPRO move furniture?

We’ll move furniture and property contents and block items to help prevent rust or furniture stains on wet carpet.

Who is SERVPRO owned by?

Blackstone
Private-equity firm Blackstone has bought a majority stake in Gallatin-based Servpro Industries Inc., the companies announced Tuesday. A news release didn’t disclose terms of the deal, but a report in The Wall Street Journal last week valued it at $1 billion, including debt.

Is Servpro still in business?

In March 2019, the investment firm Blackstone acquired a majority stake in SERVPRO. True to its beginnings, it remains a family-owned business. The Isaacson family will continue to be significant shareholders into the future.