Franchise FAQ

how much disaster recovery franchise

by Erika Hickle Published 2 years ago Updated 1 year ago
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How much does an ERS (Electronic Restoration Services) franchise cost?

  • Initial Franchise Fee: $20,000 to $60,000
  • Total Investment: $150,400 to $228,900
  • Working Capital: $35,000 to $50,000
  • Royalty Fee: 7.0%

Owning a franchise in the restoration and disaster recovery industry is possible within a wide range of investment levels. Cash requirements of $50,000 are typical for businesses in this industry that involve the use of proprietary products and specialized equipment.

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.

Who is the largest restoration company?

Belfor Restoration Belfor is the largest restoration company in the world with more than 7000+ employees. There are more than 100 Belfor locations in the country, and they also operate an extensive fleet of cleanup and repair vehicles.

What is a restoration franchise?

Restoration franchises perform the more intensive restoration, remodeling or fire damage work, while franchises in this industry perform services such as mold removal, duct cleaning, and moderate water damage services.

Is restoration a good business?

There is tremendous profit potential in the restoration industry. Restoration companies built to handle high volumes of work can enjoy profit margins in the range of 40-75% or more. But, this business is also capital intensive –requiring a healthy investment in equipment and labor.

How do you market a restoration company?

How to Market a Restoration Service#1: Develop a solid website. ... #2: Have a unique value proposition. ... #3: Manage your reputation. ... #4: Master search marketing. ... Pro tip: Plan for weather events. ... #5: Create partnerships and referral programs. ... #6: Create a video. ... #7: Create a Facebook Business Page.More items...•

How big is the restoration industry?

$210 billionThe American restoration industry has grown to an astonishing $210 billion annual market and due to several factors, including aging American homes and infrastructure, the worsening severity of storms, the influx of wildfires and frequent flooding.

Is all dry USA a franchise?

At All Dry USA, we are available around the clock to show up and help people restore their properties. Our company has been providing exceptional restoration services for over a decade. To buy a franchise with All Dry, you'll need to have at least $75000 in liquid capital and a minimum net worth of $200000.

How many Paul Davis franchises are there?

Paul Davis Restoration has available franchise ownership opportunities in locations from coast to coast. We hope you're ready to join our family of over 300 Paul Davis locations throughout North America.

What is another company like Servpro?

Servpro Industries competitors include Chem-Dry, Stanley Steemer, ServiceMaster and Angi.

What is another company like Servpro?

Servpro Industries competitors include Chem-Dry, Stanley Steemer, ServiceMaster and Angi.

What does belfor stand for?

The name is a topographic or local surname, which was given to a family who held a barony or lands, had houses, manors or estates in the area. The name may also be derived from the Gaelic word baile which means a place and the Pictish word pawr which means pasture.

What is WRT certification?

The Water Damage Restoration Technician (WRT) certification demonstrates knowledge to perform remediation work and an understanding of water damage, its effects, and techniques for drying structures.

What is restoration industry?

What is the Restoration Industry? The restoration industry refers (as a whole) to professionals who help clean up damage from natural disasters. Fire, mold, moisture, and wind damage tend to cause a lot of problems across the country, especially in recent years.

What is a disaster recovery franchise?

Franchises in the restoration and disaster recovery industry assist residential and commercial clients with the cleanup of homes and businesses damaged by catastrophic events. These franchises offer services to restore structures and their contents affected by water, fire, mold, biohazard products and physical impact. Since services typically are performed at the damaged site, many franchises can be operated from home offices. Depending on the location of the restoration and disaster recovery franchise, some franchisees may require licenses and/or certifications to perform specific types of services. In addition to the financial benefits of working in this lucrative industry, many successful business owners say they enjoy the satisfaction of using their services to help disaster victims rebuild their lives and return to normalcy.#N#Search Restoration & Disaster Recovery Franchises Now »

What franchises do trauma cleanup?

Bio-Hazard and Trauma Cleanup: Franchises such as Spaulding Decon and Steri-Clean provide services when there has been a death, whether by natural course, accident or crime. These franchises also may offer services related to the cleaning and removal of hoarding sites, drug labs, industrial chemicals, sewage and other materials classified as biohazards.

What is a mold franchise?

Mold Remediation and Abatement: Franchises including Bactronix and The Mold Pros specialize in identifying and removing mold growth as an independent occurrence or as the result of a water disaster. These franchises provide specially trained technicians who clean and remove mold so that they, as well as those who live and work in affected areas, don't suffer health problems as a result of the cleanup.

Why is it important to own a franchise?

These include: More accessibility to financing since banks and other lenders view franchises as having a lower risk than independent new businesses.

What franchises are available for water, floods and fire?

Water, Flood and Fire: Franchises such as PuroClean, Delta Disaster Services and Steamatic Restoration and Cleaning offer several specialized services for the effects of water, floods and fire, as well as other types of damage, in one full-service franchise. In many disasters, customers require more than one type of service, so these franchises offer advantages of efficiency and convenience in a wide range of situations.

Why are there limited options in the restoration and disaster recovery industry?

According to a report by CNBC, investors interested in pursuing opportunities in the restoration and disaster recovery industry may have limited choices because there are a small number of publicly traded options.

What is a content restoration franchise?

Contents Restoration: Franchises including Fibrenew and N-Hance Wood specialize in cleaning and repairing specific types of materials so that customers can minimize loss of contents in a disaster. As material specialists, these franchises often offer remodeling and standard repair services as primary revenue sources for all type of damage.

What is the purpose of owning a disaster recovery franchise?

By owning your own disaster-recovery and clean-up franchise you can be in the business of helping people recover from terrible events while making a good living for yourself and family. Whether it is fire and smoke damage restoration or flood recovery, ...

What is an air service franchise?

Aire Serv franchise provides installation, maintenance & repair of heating, ventilation, air conditioning, & indoor air quality systems. Over the past 27 years, they’ve refined their systems & processes to empower master tradesmen to continue in business ownership without exhausting their time, resources & energy wearing every hat in the business.

What is Titan Remediation?

Titan Remediation is an industry leading company that handles general floods, water damage, hurricane damage, storm damage, and any type of water infiltration or damage with efficiency and superior customer satisfaction! Franchisees are gaining our proven methodologies that have earned us top-rated reviews with our clients.

What is restoration 1?

Restoration 1. Restoration1 is a unique opportunity providing a wide array of emergency mitigation, restoration, and reconstruction services. These services are always in high demand and are a necessity, so they are never affected by the economy.

What is United Water Restoration Group?

Interested in learning more about owning your own business in the $10.6 billion restoration industry? United Water Restoration Group is a full service restoration company that specializes in water, flood, storm and sewage damage remediation, mold removal, and full restoration of property. Read more about joining our team now!

Is 911 Restoration the right fit for me?

If you are looking for a smart investment in a thriving industry that allows you to make money while helping people, 911 Restoration may be the right fit for you. When you join 911 Restoration, you will share the benefits of being part of a nationwide franchise family that take pride in the communities we serve.

Is Servpro a franchisor?

Servpro Cleanup & Restoration has grown into a top franchisor in the cleaning and restoration industry. Servpro offers a complete start-up package, professional training, a large support network and the technology to run a successful business. Inquire now - we would love to talk with you more about this opportunity!

Services We Offer

At the Goldstein Law Firm, we offer three levels of flat-fee Franchise Disclosure Document (FDD) and franchise agreement review services for individuals and groups considering franchise opportunities in the restoration and disaster recovery industry.

Why Choose the Goldstein Law Firm?

When evaluating a new franchise opportunity or preparing for a legal dispute, your choice of legal representation matters. Here are five reasons why franchisees nationwide consistently choose the Goldstein Law Firm:

Get Started with a Free Initial Consultation

If you are thinking about buying a restoration and disaster recovery franchise or need an experienced lawyer for a franchise-related dispute, contact the Goldstein Law Firm to arrange a free initial consultation.

Company Details

Established: 2008 First Unit Franchised: 2017 Franchised Units: 4 Company Owned Units: 1 States Registered In: California - CA, Florida - FL, Massachusetts - MA, Texas - TX Canada Franchises: Yes International Franchises: Yes

Support and Training Offered By Global Enterprise Disaster Restoration

Financial Assistance Provided: No Site Selection Assistance: Yes Lease Negotiation Assistance: No Recruiting Assistance: No Cooperative Advertising: No

Franchises Similar to Global Enterprise Disaster Restoration

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.

What Does a Rapid Recovery Franchise Cost?

To buy a franchise with Rapid Recovery, you'll need to have at least $100,000 in liquid capital. Franchisees can expect to make a total investment of $169,400 - $290,230. *

Training

Rapid Recovery franchisees are provided top training from industry professionals with more than 50-years of combined experience. You will learn:

Join Us!

Rapid Recovery is an exclusive franchise system, with less than 100 total franchise units scheduled. Rapid Recovery is looking for the best of the best to join our system. If you want to help the environment while making a great living and enjoy a business-to-business work schedule, inquire for more information now!

WHICH DISASTERS ARE MOST LIKELY TO STRIKE?

You should understand local threats. Some business need to be wary of increasing flooding while others, in an old mining area, for example, need to be wary of the sudden appearance of sink holes.

DOCUMENT YOUR DISASTER RECOVERY PLAN

This critical document should detail every conceivable emergency that could reasonably befall your organisation, pinpoint mission-critical applications and systems and be signed off by all key figures in your organisation.

PUT YOUR PLAN INTO EXECUTION

This is the legwork phase when you need to choose and implement the tools and technology needed to put a disaster preparedness plan into action.

POWER

Besides data and servers, there are more basic considerations to deal with in disaster recovery preparedness. One of the most common disaster scenarios is a loss of power—a disaster that every business should have plans for. All critical hardware should, of course, be running on Unlimited Power Supplies (UPS).

TELECOMS AND REMOTE ACCESS

Internet providers and mobile carriers often experience extended downtime in disasters. While there is not much a business can do in the event of a serious disaster that may affect telecommunications in the immediate and surrounding areas, it’s worth having redundant Internet connections from different ISPs.

BACKUP

For many businesses at the smaller end of the SMB market spectrum, a solid backup plan may be all that is required to be prepared for a disaster. With storage available in unprecedented capacity, and the convenience of the cloud versus having to manage local storage, there really is no excuse not to have, at minimum, a robust data backup strategy.

OFF-SITE CONTINGENCY PLANS

Still, many organisations want or need to keep data and systems on-premise. Let’s face it; many simply don’t want their data residing in the cloud. A significant portion still rely on backup to media with regular rotation of backup copies between the office and an off-site location for safe storage.

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