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Repair & Restoration Franchise Review

Repair & Restoration Franchise Opportunity - Repair & Restoration Franchise Business for Sale

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Repair & Restorations

1-800 Water Damage

1800waterdamage.jpg

Description of Franchise:

1-800 Water Damage is an emergency service company in the thriving $50 billion Restoration Industry. We provide water damage restoration services to both residential and commercial clients. This business is truly recession proof; it has low overhead and few employees to manage. That paired with being a mostly insurance paid business and having a median job ticket of $2565.00 (as is in our UFOC): means that only two jobs a week will put a franchisee in the black. This makes for a (quick ramp up time) for the Franchisee. Full training and support is provided (both technical & administrative) at the newest flood training facility in the country. No previous industry experience is necessary; however marketing, customer service and relationship building skills are a big plus for the Franchisee. 1-800 Water Damage is the most recognizable brand in the industry!

Background:

Year Established: 1988 Year First Franchised: 2002 Franchised Units: 47 Company Owned Units: 1 Projected New Units (12 months): 15-20 States/Countries Registered In: All except CA & VA Availability in Canada: Masters / Area Developer - NA

Financial/Terms / Single Units:

Cash Investment: $35K - $45K Total Investment: $200K Minimum Net Worth: $200K Franchise Fee: $60K Discounts: FranVet, Women, Minorities? Vet Fran = 10% off franchise fee. VetFran Program Participant: Yes Royalty: 10% of gross collected monthly. Ad: 0% Average # of Employees: 2-7 Passive Ownership Allowed: Possibly, as long as certain qualifications are met. Earnings Claim: Yes

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