Affordable Remediation franchise
2022 filing · July 25, 2022Shares sales figures
Affordable Remediation at a glance
A remediation business handling mold removal and testing, air quality testing, biohazard cleaning and water and fire damage for homes and commercial buildings. At the end of 2021 there were 1 Affordable Remediation locations in the US, all company-owned.
The business
- Franchisor
- Affordable Remediation Franchising LLC
- The company that sells the franchises
- Franchisor based in
- Matawan, New Jersey
- Typical size
- 1,500–2,500 sq ft
What you pay
- Cost to open
- $183K–$236K
- A base territory
- Franchise fee
- $60,000
- Paid once, when you sign
- Royalty
- 8%
- 8% of gross sales, paid monthly, plus 1% to the brand development fund
- Brand fund
- 1%
- 1% of gross sales, paid monthly; it can rise to 3%
- Renewal fee
- See terms
- 10% of our then current franchise fee
- Agreement length
- 7 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2021
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 2 years
- 0
- Franchised locations, 2019–2021
- States
- 1
- Most in New Jersey
From Affordable Remediation Franchising LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Affordable Remediation among all franchises with the same figure.
| Figure | Affordable Remediation | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $209,384 | Costs less than 68% of franchises |
| Franchise feePaid once, when you sign | $60,000 | Higher than 88% of franchises |
| RoyaltyShare of sales paid to the franchisor | 8% | Higher than 85% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Affordable Remediation franchise costs
Opening a base territory costs an estimated $183,023 to $235,745. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are additional funds – 3 months ($60,233 to $64,217) and initial franchise fee ($60,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $60,000 | ||
| Construction and Leasehold Improvements | $500 | $1,500 | |
| Lease Deposits – 3 Months | $5,250 | $8,750 | |
| Utility Deposits | $405 | $495 | |
| Furniture and Fixtures | $500 | $1,295 | |
| Equipment | $18,000 | $28,000 | |
| Initial Inventory | $4,103 | $7,152 | |
| Signage | $2,000 | $3,500 | |
| Computer, Software and Point of Sale System | $4,750 | $6,000 | |
| Grand Opening Marketing | $5,000 | $15,000 | |
| Insurance Deposits – 3 Months | $1,117 | $3,350 | |
| Travel for Initial Training | $1,000 | $3,100 | |
| Professional Fees | $10,300 | $15,000 | |
| Service Vehicle | $5,500 | $11,500 | |
| Licenses and Permits | $3,500 | $3,776 | |
| Printing, Stationery and Office Supplies | $865 | $3,110 | |
| Additional Funds – 3 months | $60,233 | $64,217 | |
| Total | $183,023 | $235,745 | |
Source: Affordable Remediation Franchising LLC, 2022 filing, page 18
Affordable Remediation franchise fee
The franchise fee is $60,000. You pay it when you sign the franchise agreement.
Source: Affordable Remediation Franchising LLC, 2022 filing, page 11
Royalty and ongoing fees
| Royalty | 8% of gross sales, paid monthly, plus 1% to the brand development fund. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid monthly; it can rise to 3%. |
| Technology | Up to $700 per month, currently $500 per month |
| NSF Check Fee of Failed Electronic Fund Transfer | $50 per violation |
| Renewal | 10% of our then current franchise fee |
| Additional Employee Initial Training | Our then current training fee, currently $500 per person per day |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Affordable Remediation Franchising LLC, 2022 filing, page 12
Other fees as filed, from pages 12–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Affordable Remediation publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Affordable Remediation Franchising LLC, 2022 filing, page 43
How Affordable Remediation compares
Of the 57 restoration franchises on this site, Affordable Remediation is the 40th cheapest to open and the 50th largest by number of locations.
| Figure | Affordable Remediation | Typical restoration brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $183K | $152K | $222K |
| Cost to open, high end | $236K | $255K | $477K |
| Franchise fee | $60K | $50K | $40K |
| Royalty | 8% | 7% | 6% |
| Brand fund | 1% | 2% | 2% |
| US locations | 1 | 54 | 21 |
| Shares earnings figures | Yes | 44 of 57 | 2,147 of 3,352 |
Typical is the median across the 57 brands in restoration franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 0 (0) | 1 | 0 | 0 |
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 1 | – | – |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Affordable Remediation Franchising LLC, 2022 filing, page 46
Where Affordable Remediation locations are
At the end of 2021, Affordable Remediation had locations in 1 state. The most are in New Jersey.
- New Jersey1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| New Jersey | 0 | 1 | 1 |
Source: Affordable Remediation Franchising LLC, 2022 filing, page 47
Who owns Affordable Remediation?
Affordable Remediation franchises are sold by Affordable Remediation Franchising LLC. Its filing names no parent company.
From Affordable Remediation Franchising LLC’s 2022 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Affordable Remediation Franchising LLC, 2022 filing, litigation on page 10, bankruptcy on page 10
Affordable Remediation filings
The figures on this page come from Affordable Remediation Franchising LLC’s 2022 filing, issued July 25, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | July 25, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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Affordable Remediation is also on these lists: home service franchises.