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Franchise Profile
- Total Investment: $35,000 - $124,000
- Cash Investment: $35,000
- Business Type: Franchise
- In Business Since : 2016
- Training & Support: Yes
Mastertech Franchise Systems
If you are in the water mitigation space, you are making good revenue and margins. However, you have to fight with insurance adjusters and go out to emergency jobs at all hours. You have to wait to get paid and sometimes cashflow can be tight. At Mastertech, our primary focus is on private pay mold remediation. Better gross margins (65-75%), no insurance adjusters, no emergency work and cashflow is great (50% deposist, 50% at end of job) You already have 60% of the skills you need, most of the tools and workers you need to move up to Mold. This is an easy step up.
If you are in the carpet cleaning space, you have regular work, but low dollar amount per job. Mastertech offers much higher per job $$ ($3k - $15k+++) revenue and margins. Your existing client list is a great resource and you already have many of the key elements in place to step up to mold.
Anyone else: Who wouldn't want to get into a high margin, easy cashflow, high demand and recession-resistant industry with relatively low startup costs and outstanding training and support.