Service Master #10147 - Portions of Cook and Dupage County dba Servicemaster of Schaumburg

Online Only Auction

Bidding Ends:  Tuesday, May 20th 2025 at 6:00PM 

Auction Item Pick Up: Thursday, May 22nd from 11:00am - 1:00pm 

2 Hour Pick Up ONLY 

Please email - thomas@aumannauctions.com with Questions   

Franchise Disclosure Document Available Immediately Upon Request.

Bidders will be required to be MANUALLY APPROVED!

Franchise Transfer Process Breakdown is Located in Document Section

We will be manually accepting bidders for this auction to make sure they meet the qualifications to be part of the Service Master franchise program. 

There will be a requirement to provide financials - Buyer will be sent a request for the required financial verification and documentation via email from our coordinator. Minimum initial requirements are $100,000 or cash equivalents on hand, and an overall net worth of at least $200,000. This is required for new and existing buyers. 

If you are an established and or existing Service Master franchisee, you already qualify.  Please provide verification of that.

The process to transfer licenses can take up to 8 weeks once we have established a high bidder per license.

We will be requiring an earnest money deposit per license of $2,500 to be held in escrow by the established high bidder post auction.  Balance will be due at the time of license transfer which will occur once all transfer requirements have been completed.

There is a transfer fee of $7,000 due to Service Master per license which will be collected at the transfers completion.

All of the lots have a function enabled on them called "One Extend All Extend" If one lot has a bid placed on it in the final moments all of the lots will be extended for the time length stated in the terms and the auction will not end until all lots have gone without bids for the stated amount of time.

BENEFITS OF OWNING A SERVICE MASTER FRANCHISE

1. A ServiceMaster Restore license will immediately give you Brand Recognition within the insurance and restoration industries.
2. ServiceMaster Restore is one of the top 3 restoration franchises in North America.
3. Each franchisee is part of a network of 700 Restore businesses across North American that work together during catastrophes and large projects in order to meet client’s needs.
4. The Restore Franchisor has industry standards and proven procedures already developed for operations, HR, sales, marketing, digital platforms, and administrative systems so an owner has a template for success.
5. SM Restore has developed National Programs with all the major insurance carriers which immediately opens the doors for franchisees to access ongoing restoration projects.
6. The franchisor sponsors annual conferences and quarterly workshops to provide networking and training opportunities for all franchisees.
7. The franchisor has vetted and negotiated agreements with the top vendors in the industry for chemicals, equipment, products, and software which the franchisee has at their fingertips.
8. ServiceMaster Restore has a comprehensive on-line database of resources available to the franchisee for training, planning, growing, sourcing, and developing their business.
9. The SM Restore network provides ongoing education to keep franchisees compliant with OSHA regulations, EPA Regulations, IICRC Industry Standards, Business Insurance Requirements, HR Requirements, and other business necessities.
10. Every franchisee is provided a Business Development Coordinator to assist the owner in all aspects of their business in order to help it be successful.

Featured License Zones: 

#10027 - Milwaukee County, #9071 - Waukesha County, #10445 Washington County, #10446 Dodge County, #10146 Kane County Service Master Elgin and Dundee, #10147 Portions of Cook and Dupage  Service Master of Schaumburg 

10% Buyers Premium on ALL LOTS

DON'T FORGET TO UTILIZE THE "ASK THE AUCTIONEER" BUTTON IF YOU HAVE ANY QUESTIONS.