Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

ServPro franchise financing options

Compare costs, fees and where to get financing for a ServPro.

Overall costs for ServPro run anywhere from $68,775 to $114,550. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2022 from Franchise Direct and include opening fees and expenses only. The location you choose for your ServPro franchise may result in higher or lower fees.

Franchise fees

ServPro franchise fees total around $60,000, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial franchise fee $60,000 to $60,000 plus $667 per 1,000 population over maximum
Estimated total $60,000 to $60,000

Equipment fees

Equipment fees total $18,500 for ServPro. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Vehicle $2,000 to $35,000
Estimated total $2,000 to $35,000

Real estate fees

Real estate will set you back $1,500 for ServPro, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Real estate $0 to $3,000
Estimated total $0 to $3,000

Inventory costs

Initial inventory for ServPro shakes out to $6,175. This is less than the nationwide average of $53,119.
Inventory Cost
Supplies $3,850 to $8,500
Estimated total $3,850 to $8,500

Marketing costs

Advertisement and marketing costs total up to $875 for ServPro, beating out the nationwide average of $9,938.
Marketing Cost
Advertising and promotion $250 to $1,500
Estimated total $250 to $1,500

Licenses and permits costs

ServPro initial licenses and permits will set you back $1,625. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Deposits, permits and licenses $700 to $2,550
Estimated total $700 to $2,550

Administrative fees

ServPro administrative fees total up to $2,988 — which comes in under the overall nationwide average of $6,761.
Admin Cost
Legal and professional fees, accounting services, onu00adline tax table service and training $975 to $1,500
Xactimate or other third-party estimating and pricing software and training $1,000 to $2,500
Estimated total $1,975 to $4,000
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2022.

How to finance

Since the estimated total for ServPro is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the ServPro franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to ServPro about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $91,663 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

Consider one of the following options for covering a portion of the costs to open a ServPro.
  • Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
  • Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
  • Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
  • SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.
Also check if ServPro franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $68,775. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
Biz2Credit business loans
up to $6 million
up to $6 million
6+ months in business; $100,000+ monthly revenue; 500+ credit score
Get only the capital you need through secure, prescreened lenders with this highly rated company offering SBA, expansion, working capital and other loans.
Lendio business loans
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
OnDeck short-term loans
600+ personal credit score, 1 year in business, $100,000+ annual revenue, active business checking account
A leading online business lender offering flexible financing at competitive fixed rates.
Fundbox lines of credit
6 + months in business, $100,000+ in annual revenue, 600+ credit score
Get flat rate, short-term financing based on the financial health of your business, not your credit score.

Compare up to 4 providers

How ServPro stacks up

Compare how ServPro holds up against two similarly sized franchises.
Sport Clips ServPro Matco Tools
Average Franchise fees $42,250 $60,000 $7,000
Average Equipment fees $62,650 $18,500 $5,300
Average Real estate fees $97,000 $1,500 $220,072,580
Average Training fees NA NA NA
Average Inventory fees $5,000 $6,175 $69,000
Average Marketing fees $30,000 $875 NA
Average Licenses and permits fees $2,250 $1,625 NA
Average Insurance fees $1,900 NA $1,920
Average Admin fees NA $2,988 $3,743
Average Personnel fees NA NA NA
Average Other fees $64,500 NA $1,075

Bottom line

ServPro franchise costs run a total of $91,663. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site