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MasterTech Environmental franchise

2024 filing · April 20, 2024Fewer locations

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MasterTech Environmental at a glance

A mold, water damage, biohazard, hoarding and duct cleaning business for homes and businesses. At the end of 2023 there were 9 MasterTech Environmental locations in the US, 7 franchised and 2 company-owned.

The business

Industry
Restoration
Also listed in home service
Franchisor
MasterTech Franchise Systems, LLC
The company that sells the franchises
Who runs it
Manager
A trained manager can run it day to day
Current franchisor selling since
2016
8 years of selling franchises
Franchisor based in
Mount Arlington, New Jersey

What you pay

Cost to open
$85K–$122K
The full franchise
Franchise fee
$49,000
$29,000 for the smaller Pro franchise
Royalty
5%
5% of gross sales for the full franchise, with lower rates on higher yearly sales, paid monthly
Brand fund
None now
Up to 2% of gross sales; not charged at present
Renewal fee
$7,500
When the agreement ends and you sign again
Franchisor financing
None offered
SBA Franchise Directory
Not listed
Lenders check this list before an SBA loan

Where it is

US locations, 2023
9
Franchised and company-owned
Franchised
7
Company-owned
2
Change in 2 years
−2
Franchised locations, 2021–2023

Support and records

Shares sales figures
No
Ask current owners what a location makes
Lawsuits disclosed
None
Bankruptcy disclosed
None
Franchisor revenue, 2022
$156K
The company, not one location
Franchisor net income
$60K
Latest filing
Apr 20, 2024
2024 filing

From MasterTech Franchise Systems, LLC’s 2024 filing; revenue and net income from its audited financial statements, page 82; SBA status from the SBA Franchise Directory, October 28, 2026.

Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.

Where it ranks

MasterTech Environmental among all franchises with the same figure.

FigureMasterTech EnvironmentalAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$103,575Costs less than 86% of franchises
Franchise feePaid once, when you sign$49,000Higher than 62% of franchises
RoyaltyShare of sales paid to the franchisor5%Lower than 69% of brands with a set rate
US locationsFranchised and company-owned9Fewer than 63% of franchises

How much a MasterTech Environmental franchise costs

Opening the full franchise costs an estimated $84,950 to $122,200. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.

The biggest costs are initial franchise fee ($49,000) and additional funds – initial period of 3 months ($5,000 to $15,000). Here is every line of the estimate as filed:

What it pays forRangeLowHigh
Initial Franchise Fee$49,000
Construction and Leasehold Improvements$0$2,500
Equipment$5,000$8,000
Computer, Software and System$1,000$2,500
Initial Inventory$2,000$3,000
Prepaid Rent and Lease Deposits$0$2,500
Insurance Deposits and Premiums$6,000$10,000
Travel and Lodging for Initial Training$600$1,600
Grand Opening Marketing Expense$3,000
Professional Fees$1,500$3,500
Business Franchises and Permits$150$2,000
Printing, Stationary and Office Supplies$500$1,500
Commercial Vehicle$9,400$13,100
Commercial Vehicle Wrap$1,800$5,000
Additional Funds – Initial period of 3 months$5,000$15,000
Total$84,950$122,200

Source: MasterTech Franchise Systems, LLC, 2024 filing, page 19

MasterTech Environmental franchise fee

The franchise fee is $49,000, $29,000 for the smaller Pro franchise. You pay it when you sign the franchise agreement.

Source: MasterTech Franchise Systems, LLC, 2024 filing, page 11

Royalty and ongoing fees

Royalty5% of gross sales for the full franchise, with lower rates on higher yearly sales, paid monthly.
Brand or marketing fundUp to 2% of gross sales; not charged at present.
Technology$100 to $200 per month. Currently $160.
Transfer$15,000
Renewal$7,500
Local MarketingMinimum of 2% of monthly Gross Sale.

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: MasterTech Franchise Systems, LLC, 2024 filing, page 12

Other fees as filed, from pages 13–15. The filing lists every fee, including late fees and audit costs.

Sales and earnings

No figures MasterTech Environmental does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.

Source: MasterTech Franchise Systems, LLC, 2024 filing, page 46

How MasterTech Environmental compares

Of the 57 restoration franchises on this site, MasterTech Environmental is the 8th cheapest to open and the 44th largest by number of locations.

FigureMasterTech EnvironmentalTypical restoration brandTypical franchise
Cost to open, low end$85K$152K$222K
Cost to open, high end$122K$255K$477K
Franchise fee$49K$50K$40K
Royalty5%7%6%
US locations95421
Closed or left per year20%5.1%–
Change in franchised locations, 2 yrs−22.2%+11.4%–
Shares earnings figuresNo44 of 572,147 of 3,352

Typical is the median across the 57 brands in restoration franchises; typical franchise, across every brand here.

Locations opened and closed

3 opened
4 closed or left
Franchised locations, last 2 years
2021
1 opened0 closed or left
10 (+1)
2022
2 opened4 closed or left
8 (−2)
2023
7 (−1)
YearFranchisedCompany-ownedOpenedClosed
202110 (+1)2+10
20228 (−2)2+2−4
20237 (−1)2––

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: MasterTech Franchise Systems, LLC, 2024 filing, page 47

Source filing (2024, PDF)

Who owns MasterTech Environmental?

MasterTech Environmental franchises are sold by MasterTech Franchise Systems, LLC. Its filing names no parent company.

From MasterTech Franchise Systems, LLC’s 2024 filing, page 8.

MasterTech Environmental filings

The figures on this page come from MasterTech Franchise Systems, LLC’s 2024 filing, issued April 20, 2024, on record with the NASAA Electronic Filing Depository.

MasterTech Environmental filings, newest first
FilingIssuedRegistryOn this page
2024 filingApril 20, 2024NASAA depositoryCosts, fees and locations, 2021–2023

Each link opens the filing as a PDF. See the newest filings across all brands.

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MasterTech Environmental is also on these lists: home service franchises.

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