About MasterTech Environmental Franchise
MasterTech Environmental is an environmental remediation and restoration franchise that has been franchising since 2016.
The brand specializes in mold removal, water damage restoration, biohazard cleanup, radon testing, and other environmental services for residential and commercial properties.
MasterTech offers two entry levels: a Pro opportunity with a lower investment and a Full opportunity for those who want a more comprehensive business.
MasterTech Environmental Franchise Cost & Fees
Minimum Investment
$58K
Average Investment
$86K
Maximum Investment
$113K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $22,000 for a Pro Franchise Opportunity, and $40,000 for a Full Franchise Opportunity | One-time payment upon signing |
| Royalty Fee | For a Full Franchise Opportunity, the Royalty is 6% of Gross Sales, but subject to reductions; For a Pro Franchise Opportunity, the Royalty is $870 per month of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to 2% of Gross Sales. Currently we do not charge a Brand Development Fund Fee | National brand fund |
| Total Investment Range | $57,950 – $113,200 | Includes build-out, inventory, working capital |
The investment range of $58K–$113K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (For a Full Franchise Opportunity, the Royalty is 6% of Gross Sales, but subject to reductions; For a Pro Franchise Opportunity, the Royalty is $870 per month) and marketing fee (Up to 2% of Gross Sales. Currently we do not charge a Brand Development Fund Fee) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $40,000 | $40,000 |
| 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 | $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 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $15,000 |
| Renewal Fee | $7,500 |
| Technology Fee | $100 to $200 per month. Currently we do not charge a Technology fee |
| Audit Fee | Actual costs |
| Royalty Payment Late Charge | The lesser of 5% per month of any late royalty payment or $50 |
| Royalty Reporting Charge | $50 per occurrence |
| Financial Reporting Late Charge | $100.00 per occurrence |
| Interest Charges | The lesser of 18% per annum or the maximum legal rate allowable by the State in which your Franchised Business is located |
| Customer Service and Refunds | Varies under the circumstances |
| Initial Training for Additional Employees | $300 per person per day |
| Supplemental On-Site Training | $300 per day per trainer, plus expenses (two-day minimum) |
| Annual Conference | Varies (not to exceed $750) |
| Collection Costs and Attorney Fees | Amount incurred by us to collect unpaid royalty fees and other fees or sums due from you to us |
| NSF Check Fee of Failed Electronic Fund Transfer | 5% of amount or $50 whichever is greater or maximum fee allowed by law |
| Non-compliance | Amount of fees, costs and/or expenses that we incur in connection with your non-performance of your obligations under the Franchise Agreement. Includes attorney fees |
| Supplier Review | Our actual costs to review a supplier suggested by you |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 33 to 41 hours over a period of three to four days |
| Classroom Training | 25.5 |
| On-the-Job Training | 8-16 |
| Training Location | Online or Blackwood, New Jersey |
| Additional Training | We may require supplemental on-site training for which you pay a fee of $300 per on-site trainer per day plus travel expenses. Initial training for replacement operating managers is also $300 per manager per day. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Approximately 450,000 people for a Standard Operating Territory |
| Description | You will not receive an exclusive territory. You may face competition from other franchisees, from outlets that we own, or from other channels of distribution or competitive brands that we control. However, neither we nor our affiliates will establish or operate, or franchise any third-party to establish or operate, a MasterTech Business using the Licensed Marks and System within your designated operating territory prior to informing you of our intent and providing you an opportunity to upgrade to a Full Franchise Opportunity. A Standard Operating Territory contains an approximate population of 450,000 people. Additional geographic zones of 90,000 people can be added for an additional fee. A Small Market Operating Territory has less than 450,000 people. You may only operate within your designated Operating Territory and cannot directly solicit customers outside of it, but may provide services in an 'Open Area' (within a five-mile radius of your territory) with our written approval. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years for Full Franchise Opportunity, 2 years for Pro Franchise Opportunity |
| Renewal Term | One additional 10-year term for Full Franchise Opportunity, one additional 2-year term for Pro Franchise Opportunity |
| Renewal Fee | $7,500 |
| Renewal Conditions | You must not be in material default, have satisfied all monetary obligations, have satisfactory evidence of the right to possess your Administrative Office for the renewal term, undertake additional training if required, and execute a general release (or estoppel statement if precluded by law). The renewal agreement may have materially different terms. |
| Transfer Fee | $15,000 |
| Transfer Conditions | You must provide 30 days' written notice, satisfy all accrued monetary and other obligations, not be in default, ensure the transferee agrees to be bound by all terms and guarantees, execute a general release, and ensure the transferee completes training. The franchisor's approval is discretionary and may be conditioned on the transferee upgrading the Administrative Office and the franchisor approving the price and terms of payment. |
| Termination for Cause | The franchisor can terminate the agreement for various defaults, including insolvency, bankruptcy, failure to timely pay fees (after 10 days' notice), material misrepresentation, unauthorized transfer, disclosure of confidential information, failure to comply with operational requirements, or engaging in conduct injurious to the brand. Some defaults result in automatic termination, while others allow a 30-day (or longer, if required by law) cure period. |
| Non-Compete Period | 2 years (Post-Term Restricted Period) |
| Non-Compete Details | During the term of the agreement, you (and your owners/spouses) cannot have any interest in, operate, manage, fund, or perform services for a Competitive Business, or divert business/employees from the franchisor. After termination or expiration, for two years, you cannot be involved in any competing business within your operating territory, a 25-mile radius surrounding it, or a 10-mile radius surrounding any other MasterTech Business. You must also comply with confidentiality, non-disclosure, and non-solicitation covenants. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | You, or if a Corporate Entity, your managing shareholder, member and/or partner (the “Managing Owner”), must be personally responsible for the management and overall supervision of your MasterTech Business. The Managing Owner must complete initial training and be approved by us. While personal day-to-day participation is recommended, you may hire an Operating Manager to supervise on-site operations, provided they meet our standards, complete initial training, and sign confidentiality agreements. Each MasterTech Business must be managed and supervised on-site by either a Managing Owner or Operating Manager. All owners and their spouses must personally guarantee all obligations under the Franchise Agreement. |
| Required Suppliers | You must purchase or lease certain source restricted goods and services for the development and operation of your MasterTech Business from an approved or designated supplier. These goods and services must meet our specifications. |
| Supply Restrictions | We may designate a supplier (which may include us or our affiliates) as the exclusive supplier for the System. If there is no designated supplier for a particular item, you will purchase from suppliers who meet our specifications and standards. You must send a written request for approval for non-approved suppliers. |
| Franchisor Revenue from Suppliers | We and/or our affiliates may receive rebates, payments and other material benefits from suppliers based on franchisee purchases and we reserve the right to institute and expand rebate programs in the future. As of the Issuance Date of this Disclosure Document we have not received revenue from suppliers of franchisee purchases of source restricted products or services. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee any note, lease or other obligation on your behalf. |
MasterTech Environmental Franchise Earnings — Item 19
MasterTech Environmental does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
MasterTech Environmental does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
MasterTech Environmental Litigation & Risk Flags
Clean Litigation RecordMasterTech Environmental has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
MasterTech Environmental System Growth
Total Units
12
Franchised
10
Company-Owned
2
MasterTech Environmental currently operates 10 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 2 | 0 | 10 |
| 2020 | 1 | 0 | 11 |
| 2021 | 1 | 0 | 12 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 13 states: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Washington, Wisconsin
Franchisor Financials (Item 21)
Revenue
$161K
Net Income
$68K
Total Assets
$41K
Audited by Nisivoccia LLP for year ending December 31.
MasterTech Environmental Franchise — FAQ
The total investment to open a MasterTech Environmental franchise ranges from $57,950 to $113,200, per their Franchise Disclosure Document. This includes the initial franchise fee of $22,000 for a Pro Franchise Opportunity, and $40,000 for a Full Franchise Opportunity. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
MasterTech Environmental charges a royalty fee of For a Full Franchise Opportunity, the Royalty is 6% of Gross Sales, but subject to reductions; For a Pro Franchise Opportunity, the Royalty is $870 per month of gross sales, plus a Up to 2% of Gross Sales. Currently we do not charge a Brand Development Fund Fee contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the MasterTech Environmental Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from MasterTech Environmental to ensure you have the most up-to-date version.
MasterTech Environmental does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
MasterTech Environmental has been franchising since 2016. The FDD shows an investment range of $57,950-$113,200, a For a Full Franchise Opportunity, the Royalty is 6% of Gross Sales, but subject to reductions; For a Pro Franchise Opportunity, the Royalty is $870 per month royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $22,000 for a Pro Franchise Opportunity, and $40,000 for a Full Franchise Opportunity and the total investment ranges from $57,950 to $113,200 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from MasterTech Environmental and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with MasterTech Environmental or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com