About Master Protection Franchise
Master Protection, LP (MP) operates as FireMaster, providing fire protection equipment and systems servicing.
Franchisees perform services in specific categories like portable fire extinguishers, emergency/exit lights, kitchen fire suppression systems, kitchen exhaust and duct cleaning, vehicle suppression systems, and mining/industrial engineered fire protection systems.
Services are delivered at customer facilities.
Master Protection Franchise Cost & Fees
Minimum Investment
$13K
Average Investment
$153K
Maximum Investment
$293K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $2,500 to $100,000 | One-time payment upon signing |
| Royalty Fee | 35% to 48% of Gross Profits of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Not a mandatory fee, but recommended expenditure of 1% of franchisee's gross profits, with potential reimbursement up to $1,000. | National brand fund |
| Total Investment Range | $12,625 – $292,500 | Includes build-out, inventory, working capital |
The investment range of $13K–$293K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (35% to 48% of Gross Profits) and marketing fee (Not a mandatory fee, but recommended expenditure of 1% of franchisee's gross profits, with potential reimbursement up to $1,000.) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Territory Rights Fee (2) | $2,500 | $100,000 |
| Equipment and accessories (3) | $4,000 | $100,000 |
| Uniforms and accessories (4) | $0 | $500 |
| Opening Inventory (5) | $500 | $5,000 |
| Pre-Franchising Training (6) | $0 | $5,000 |
| Travel and Living Expenses while Training (7) | $0 | $7,500 |
| Rent (8) | $0 | $1,500 |
| Opening Advertising (9) | $0 | $2,000 |
| Entity Setup, Licenses, Permits and Certifications (10) | $750 | $5,000 |
| Insurance (11) | $1,375 | $12,000 |
| Additional Funds – First 3 months of operation (12) | $2,500 | $50,000 |
| Professional Advisor (13) | $1,000 | $4,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $750 |
| Renewal Fee | $500 |
| Technology Fee | $25.00 ($50.00/month) |
| Costs Recovery Fee | Varies |
| Uncollected Customer Billings Fee ("chargeback") | Your percentage share of gross profits previously paid on a customer’s invoice |
| Rent | Varies |
| Re-Service of Customer | Varies |
| Administrative Charges | Varies |
| Early Termination Fee | $25 for each day the Franchise Agreement was in effect prior to termination; plus charge for product/equipment purchases and special services. For a kitchen grease franchise, reimbursement for first year membership and certification test fees advanced by franchisor. |
| Costs of Enforcement | Varies |
| Indemnification | Unknown |
| Expenses Caused by Breach | Unknown |
| Liquidated Damages for diversion of customers | 1¼ times amount of gross sales of products and services invoiced to customer during 13-month period preceding month of diversion or breach |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 2 to 4 weeks |
| Classroom Training | Approximately 40 hours |
| On-the-Job Training | Approximately 40 to 120 hours |
| Training Location | Local Office as designated by franchisor or in field |
| Additional Training | Franchisor may require updated training during the term of the agreement and as a condition for renewal. Supplemental training, seminars, conventions, or other programs may be provided, and attendance is mandatory at franchisee's cost if designated by franchisor. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Territory Size | one or more zip codes |
| Description | The territory generally consists of one or more zip codes determined by the franchisor's estimate of the number of businesses potentially needing the services. Franchisee cannot advertise or deliver services outside the territory without written consent. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 7 years |
| Renewal Term | 3 times, each for 7 years (for a total of 21 years in addition to the initial 7 year term) |
| Renewal Fee | $500 |
| Renewal Conditions | Franchisee must fully comply with the Franchise Agreement and manuals, be current on all amounts owed, possess all required licenses, registrations, and permits, notify franchisor 60-120 days before term ends, acknowledge receipt of current Disclosure Document, and sign the then-current renewal Franchise Agreement within 14-21 days. |
| Transfer Fee | $750 |
| Transfer Conditions | Franchisee must be in full compliance, provide 30 days prior written notice, comply with right of first refusal procedures, satisfy all obligations to franchisor or others, fully pay all amounts due, and remain liable for 18 months post-transfer. The proposed assignee must provide financial statements, meet with franchisor for assessment, complete training, obtain all required licenses/permits/insurance, and sign the then-current Franchise Agreement. |
| Termination for Cause | Franchisor may terminate for various defaults, including abandonment, threat to public health/safety, felony conviction, unauthorized transfer, breach of confidentiality/non-compete, failure to complete training/certification, false statements, fraudulent activities, repeated failure to comply with agreement, bankruptcy, or failure to cure a curable default within 30 days. |
| Non-Compete Period | 24 months after termination or expiration |
| Non-Compete Details | During the term of the franchise, neither franchisee nor anyone associated with franchisee shall directly or indirectly engage in any business that provides authorized services or other fire suppression services that are the same as or competitive with services provided by franchisor or its affiliates, within or outside the territory. After termination, for 24 months, neither franchisee nor anyone associated with franchisee shall directly or indirectly engage in any business that provides authorized services or other fire suppression services that are the same as or competitive with services provided by franchisor or its affiliates, within the authorized geographic Territory. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Franchisee must personally and actively participate in the business, operationally or in management, or both, full time. If the franchisee is an entity, principal owners or officers may be required to sign a guaranty of obligations. |
| Required Suppliers | Franchisee is required to primarily buy products and supplies only from the franchisor if sufficient quantity is used. The franchisor maintains a list of approved and preferred suppliers. |
| Supply Restrictions | Franchisee must use only goods and services that satisfy franchisor's standards and may not offer or buy from unapproved suppliers. Franchisor has the right to modify specifications and standards on written notice. |
| Franchisor Revenue from Suppliers | Franchisor's revenue from sales of materials or equipment to franchisees is not separately tracked or recorded. The franchise owner list price is based on wholesale cost plus a markup multiple of 1.0 to 2.0, influenced by factors like price sensitivity, vendor, franchisee performance, supplier status, freight charges, and order placement. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | Franchisor offers financing for the territory rights fee and training fees. The territory rights fee can be financed via a promissory note with interest at the Wall Street Journal prime rate. For fees of $20,000 or more, the term can be up to 14 years; for less than $20,000, up to 7 years. Training fees can be financed up to 100% over 0-4 years at Wall Street Journal Prime Rate plus 2%. A personal guarantee is required if the franchise is purchased by a business entity. |
Master Protection Franchise Earnings — Item 19
Average Revenue
$277K
Median Revenue
$196K
Revenue Range
$31K – $2.6M
Sample Size
90 units
Past financial performance does not guarantee future results. Individual results will vary.
Master Protection Litigation & Risk Flags
Clean Litigation RecordMaster Protection 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.
Master Protection System Growth
Total Units
96
Franchised
96
Company-Owned
0
Master Protection currently operates 96 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 11 | 8 | 90 |
| 2020 | 7 | 5 | 92 |
| 2021 | 9 | 5 | 96 |
Transfers: 2 | Closures: 5
State Registrations
Registered in 22 states: AL, AZ, CA, FL, MT, ND, OK, WY, HI, IL, IN, MD, MI, MN, NE, NY, OR, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Total Assets
$19177.1M
Audited by PricewaterhouseCoopers, Société coopérative for year ending September 30.
Master Protection Franchise — FAQ
The total investment to open a Master Protection franchise ranges from $12,625 to $292,500, per their Franchise Disclosure Document. This includes the initial franchise fee of $2,500 to $100,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Master Protection charges a royalty fee of 35% to 48% of Gross Profits of gross sales, plus a Not a mandatory fee, but recommended expenditure of 1% of franchisee's gross profits, with potential reimbursement up to $1,000. contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Master Protection 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 Master Protection to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Master Protection franchise owners report average revenue of $277K and median revenue of $196K. This is based on a sample of 90 units. Past performance does not guarantee future results.
Master Protection has been franchising since 1986. The FDD shows an investment range of $12,625-$292,500, a 35% to 48% of Gross Profits royalty, and includes an 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 $2,500 to $100,000 and the total investment ranges from $12,625 to $292,500 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 Master Protection and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Master Protection or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com