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Socom Restoration

Water, fire, mold, and smoke damage restoration
Investment
$61,350
Initial Franchise Fee
$15,000
Units
3
Growth Rate
+200.0%

Overview

Industry
Maintenance
Founded
2019
Franchising Since
2020
Parent Company
Basin Franchising
Leadership
Caleb Morton, President
# of Employees at HQ
4

Units and Growth Chart

Investment Details

Initial Franchise Fee
$15,000
Initial Investment
$61,350 - $179,150
Net Worth Requirement
$50,000
Cash Requirement
$50,000
Royalty Fee
8%
Ad Royalty Fee
1%
Technology Fee
N/A
Term of Agreement
5 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
N/A

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona Colorado Connecticut District of Columbia Delaware Florida Georgia Iowa Idaho Kansas Kentucky Louisiana Massachusetts Maine Missouri Mississippi Montana North Carolina New Hampshire New Jersey New Mexico Nevada Ohio Oklahoma Oregon Pennsylvania South Carolina Tennessee Texas Utah Vermont West Virginia Wyoming

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
48 hours
Classroom Training
48 hours

Ongoing Support

Meetings & Conventions
Field Operations
Site Selection

Marketing Support

Website Development

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
N/A
Are exclusive territories available?
Yes

Ranking History

Socom Restoration performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022