Mr. Appliance
Trusted appliance repair franchise serving residential and commercial customers coast to coast.
$50k minimum cash required
The Basement Doctor is not currently accepting inquiries.
| Financial requirements for this franchise: | |
| Minimum Cash Required | $60,000 |
| Total Investment | $157,812 - $347,312 |
| Available Investment | Up to $100,000 |
| Cash Required | $60,000 |
| Options available to franchisees: | |
| SBA Approved | Not Available |
| Facts about this franchise: | |
| Business Type | Franchise |
| Total Units | 1 |
| Year Founded | 1987 |
| Franchising Since | 2018 |
| Target Market | See List |
To open a The Basement Doctor franchise, prospective owners need a minimum of $60,000 in cash available (liquid capital) upfront. This amount is part of the estimated total initial investment required to start the franchise, which ranges from approximately $157,812 to $347,312.
In 2017, homeowners spent over $380 billion dollars on home improvements. According to the Bi-Annual Index from Harvard Universities’ “Joint Center For Housing Study” in 2017, home improvement spending is expected to increase 6% annually with a 33% increase in spending projected by 2025. Since new home construction inventory is low nationwide, people are spending more time in their existing homes and/or purchasing older homes as an alternative.
Therefore, the older the home the more potential for issues concerning basement foundation problems, as well as issues for mold, mildew, and wet, leaky basements and crawl spaces. As a Basement Doctor® franchisee, you’ll have over 30-years of systems and solutions at your disposal to address any problems a homeowner may encounter with their basement or crawl space. These repairs not only solve dirty, damp, and potentially unhealthy environmental problems, they help to increase the homeowner’s property value by more than the cost of such repairs.
Becoming a Basement Doctor® franchisee comes with many benefits from one of the most trusted brand names in the home improvement, basement and crawl space repair industries. Over 30-years of experience means you can trust the systems and solutions are well researched and sound. This also means you’ll be activating a turn-key, scalable business with all the tools, training, and guidance needed to build your success. Being a Basement Doctor® franchisee affords you the opportunity to:
In honor of military veterans and those who served our country, The Basement Doctor offers a 10% discount off the franchise fee of $30,000.
The Basement Doctor is looking for franchise owners who are outgoing and have sales, marketing, and/or management experience, and who are results oriented. A person who can build relationships, lead a team, and who has the motivation to excel! You must have a minimum of $60k in liquid capital, and be ready to make a full-time commitment.
If this sounds like you, inquire today and learn more about The Basement Doctor franchise!
*Please refer to Item 19 of The Basement Doctor's FDD.
Disclaimer: The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document. Certain jurisdictions require registration prior to the offer or sale of a franchise. We do not offer franchises in jurisdictions requiring registration where we are not registered (or exempt from registration).
* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.
TIP — Most successful franchise owners speak with 3 to 5 franchises before deciding. Consider adding a few more.
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