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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_0309.JPG1-800 Water Damage is an emergency service company in the thriving Fifty Billion Dollar Restoration Industry. We Offer two similar but different Franchise models; a home based Franchise and an executive model. Franchisees provide water damage restoration services to both residential and commercial customers in their communities. This business is truly recession resistant; 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 $3000.00 (as is in our UFDD): 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: 54
Company Owned Units: 1
Projected New Units (12 months): 10-12
States/Countries Registered In: All except CA
Availability in Canada: Masters / Area Developer - NA

Financial/Terms

Single Units Home Based or Executive model:
Cash Investment: $35K - $45K
Total Investment: $80,000 - $200K single unit.
Minimum Net Worth: $80K HB $200K Exeutive
Franchise Fee: $30 - $60K Depending on territory
Discounts: Vet Fran = 10% off franchise fee.
VetFran Program Participant: Yes
Royalty: 10% of gross collected monthly.
Ad: 0%
Average # of Employees: 2-5
Passive Ownership Allowed: Possibly, as long as certain qualifications are met.
Earnings Claim: Yes

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