Mastertech Franchise Systems

Mastertech Franchise Systems provide a wide range of highly lucrative, recession-proof services. Our services meet the needs of several, rapidly growing, high-demand markets across the United States. Whether it's private-pay mold remediation, mold inspections an assessments, water damage cleanup, hoarding cleanup, bio-hazard/trauma scene cleanup or any of our other high-profit margin services, Mastertech has you covered.

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Mastertech Franchise Systems
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Mastertech Franchise Systems Franchise Cost and Requirements for 2024

Background

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.

Company Details

Established: 2016
First Unit Franchised: 2016
Franchised Units: 9
Company Owned Units: 2
States Registered In: Connecticut, Michigan
Canada Franchises: No
International Franchises: No

Support and Training Offered By Mastertech Franchise Systems

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Recruiting Assistance: No
Co-Operative Advertising: Yes
Training: Three day in-person core training in Denville, NJ. Two to three day embedded field training in New Jersey. Online and in-person Inspector and/or Remediator certification training.Unlimited online training videos and documents. Unlimited phone support. One on one business coaching. One on one marketing and sales training.

2024 Franchise Requirements Needed to Own a Mastertech Franchise Systems Franchise.

What does a Mastertech Franchise Systems Franchise Cost?

Mastertech Franchise Systems franchise fees for 2024:

Cash Investment: $49,000
Total Investment: up to $124,000
Minimum Net Worth:
Franchise Fee: $49,000
Royalty: 3-5%
Ad: $160
Average Number of Employees: 3
Item 19: Yes
Visa Candidates: No
Passive Ownership: No
Home Based: Yes
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: Yes

Is Mastertech Franchise Systems a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Mastertech Franchise Systems is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Mastertech Franchise Systems a Home Based franchise?

Yes. Mastertech Franchise Systems is a home based franchise opportunity.

What Do Mastertech Franchise Systems Franchise Owners Make?

Click here to find out how much Mastertech Franchise Systems franchisees make. Mastertech Franchise Systems offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Mastertech Franchise Systems a Master Franchise Opportunity?

Yes. Mastertech Franchise Systems is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Mastertech Franchise Systems Offer a Veteran Discount?

Yes. Mastertech Franchise Systems franchise does offer a veteran discount.

Does Mastertech Franchise Systems Work with E2 Visa and EB-5 Visa Candidates?

No. Mastertech Franchise Systems franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Mastertech Franchise Systems Looking for Franchisees in Canada?

No. Mastertech Franchise Systems franchise is not looking for Canada franchisees.

Is Mastertech Franchise Systems Looking for International franchisees?

No. Mastertech Franchise Systems franchise is not looking for International franchisees.

Where can I see Mastertech Franchise Systems's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Home Services, Repair & Restoration, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$25,000 - $50,000

Master Franchise

Yes

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Mastertech Franchise Systems Franchises for Sale

Click Here to inquire about existing Mastertech Franchise Systems franchises for sale. We may have Mastertech Franchise Systems franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.