How much does a 911 Restoration franchise cost?
- Initial Franchise Fee: $29,000 to $49,000
- Total Investment: $0
- Working Capital: $0 to $50,000
- Royalty Fee: 10.0%
Full Answer
How much does a Restoration franchise Cost?
If you acquire a Micro Market Franchise, you will pay Restoration 1 an initial franchise fee of $35,000 for a Territory that includes a population ranging from 75,000 people to 125,999 people.
Is 911 restoration a franchise?
Franchise Description: 911 Restoration Franchise Inc. is the franchisor. The franchised business provides emergency clean-up from fire damage, water damage, mold damage and mold inspections, carpet cleaning, duct cleaning and crawl space cleaning.
How many locations does 911 restoration have?
In 2009, 911 Restoration became a franchise, and began teaching entrepreneurs how to leverage technology, prioritize and treat customers and visualize their dream for ultimate success. Since then, the company has grown to over 100 franchised locations across the United States and Canada.
What happens if a franchisee does not participate in the daily operations?
If they do not participate in the daily operations, franchisees must hire a manager to oversee the franchised business’ daily operation. Franchisees must operate the franchised business in an efficient and professional manner following the highest ethical and moral standards.
How long is franchising training?
This training generally lasts for six days. The franchisor may provide additional advisory assistance and training that it deems necessary on the terms and conditions as it sets forth in the manual. The franchisor may periodically telephone or visit franchisees for the purposes of rendering advice and consultation with respect to the operation of the franchised business, assessing their overall performance and determining whether they are conducting the franchised business in compliance with the standards of the system. Once a year, at their cost and expense, franchisees must attend the franchisor’s annual refresher training program, which will be held at the franchisor’s headquarters or at another location it designates. In its discretion, the franchisor may choose to hold an annual meeting or convention of its franchisees to conduct additional training, announce new products and/or services or discuss any other matters of interest. If and when held, the annual meeting or convention will be mandatory for all franchisees.
What are the obligations of a franchisee?
Obligations and Restrictions: Franchisees must at all times faithfully honestly, and diligently perform their contractual obligations. System standards may regulate the staffing levels and employee and/or independent contractor's qualifications, training, dress, and appearance of the franchised business. Franchisees need not participate full-time in the day-to-day operation of the franchised business, but they must devote substantial and continuing efforts to the operation of the franchised business. If they do not participate in the daily operations, franchisees must hire a manager to oversee the franchised business’ daily operation. Franchisees must operate the franchised business in an efficient and professional manner following the highest ethical and moral standards. Franchisees must comply with all standards of quality and service prescribed by the franchisor. In order to be in good standing, a franchise should undertake its best efforts to try to maintain a 70/30 mix between mitigation and construction.
How to maintain territorial protection under franchise agreement?
To maintain territorial protection under the Franchise Agreement, franchisees must be in good standing under the Franchise Agreement and achieve a minimum gross revenue during the second and each subsequent year of the term of the Franchise Agreement.
What is a franchisee's territory?
Territory Granted: The Franchise Agreement grants franchisees the right to operate their business at the single location designated in the Franchise Agreement and only within the designated, exclusive territory described in the Franchise Agreement. The size of the territory is determined based on population and the franchisee’s territory. To maintain territorial protection under the Franchise Agreement, franchisees must be in good standing under the Franchise Agreement and achieve a minimum gross revenue during the second and each subsequent year of the term of the Franchise Agreement.
How much do franchisees spend on marketing?
Franchisees must engage in local business development and advertising as outlined in the manual. Digital Marketing. Franchisees must spend at least $100 per day on digital marketing focused on lead development through currently approved sites for SEO, social media, and PPC campaigns. Advertising Cooperative.
Does franchising offer financing?
Financial Assistance: In its discretion and if franchisees meet its criteria, the franchisor may offer to finance up to 50% of the actual initial franchise fee. Except as described, the franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease or obligation.
Need a Fresh Start? Join a Top Ranked Recession Proof Franchise Opportunity
When you join 911 Restoration as a franchise owner, you are not only becoming part of a restoration franchises; you also become a part of our Fresh Start Family. We don’t just see ourselves as a water damage restoration franchise.
The Business Model That Has Turned Us Into a Top Water Damage Restoration Franchise
Our profit model is based on high revenue, high customer transactions, and high margins to make the biggest profit for franchises with best roi. With the combination of a recession-proof industry valued at $210B, digital and local marketing support, and national accounts, franchisees have multiple revenue channels to ensure their success.
Our Franchise Story
Currently ranked among the top restoration franchises in the nation by Entrepreneur, 911 Restoration began as a small carpet cleaning business taken over by two of its former employees: Idan Shpizear and Peleg Lindenberg.
About Us
911 Restoration Franchise is a nationally recognized brand with more than 200 territories and growing throughout the U.S. and Canada, providing premier water damage, sanitization, mold, and fire restoration services to residential and commercial clients.
The Industry
The $210 billion+ water damage restoration franchise industry is recession-proof and fast growing. Natural disasters and climate change have created an unpredictable environment where the world needs more restoration franchises and local restoration businesses like never before.
The Opportunity
This growing restoration franchise industry is a fantastic business opportunity for those that are tired of working hard for someone else or want to leverage the power of a national brand.
Our Benefits
Ranked #2 Top Restoration Company on Entrepreneur’s 2020 Franchise 500
How many restoration 1 franchises are there?
Restoration 1, a Texas-based business, has been franchising for more than a decade now and had just over 200 U.S. franchises in 2019. Franchisees offer a variety of services like water extraction, fire damage restoration and general maintenance.
What is Puroclean franchise?
PuroClean franchisees manage a crew that helps residential and commercial owners with cleanups for burst pipes, fire or storm damage and more. According to the company’s website, a franchise owner’s primary duties include marketing the business and forming relationships with local insurance agencies to drive business.
How many territories does 911 Restoration have?
911 Restoration has more than 180 territories throughout the U.S. and Canada. These franchises offer restoration for water damage, sanitization and more to both residential and commercial clients.
What is 1-800-Water Damage?
Seattle-based 1-800-Water Damage unsurprisingly focuses on all the different types of water damage that can affect a home or business. That includes water extraction, sewage cleanup, drying, dehumidification, odor control, disinfecting, carpet cleaning, debris removal and mold remediation.
