| Liquid capital required | $50,000 |
|---|---|
| Investment | $90,000 - $180,000 |
| Franchise fee | $45,000 |
| Units in operation | 210 |
| Founded | 2003 |
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 restoration 1 A good franchise?
A low-cost investment opportunity with a potential for high returns, Restoration 1 can operate as a turn-key business. With the ability to operate without overhead, buildout costs, or brick and mortar expenses, Restoration 1 is far more affordable than other franchise concepts in the restoration industry.
How many franchises does restoration 1 have?
Facts about this franchise:Total Units:290Year Founded:2008Franchising Since:2015
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.
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 many locations does restoration 1 have?
Restoration 1 specializes in providing restoration services for water, mold, and fire damage. The brand has been in the restoration business since 2016 and has more than 250 different locations.
Who is the owner of restoration 1?
Restoration 1 franchise owner David Hofstetter has learned how to read his customers, and how to immediately see their concerns and offer solutions. His success in that regard recently got him and his home restoration franchise written up in the local paper, and it's why he is building a successful business.
Who is the CEO of Restoration 1?
CEO Gary FindleyGiving up the comfort and familiarity of his corporate office, Restoration 1 CEO Gary Findley went on a mission to get a ground-level view of how restoration franchises operate on Season 11 of CBS' hit reality series Undercover Boss.
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.
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...•
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 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 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 Ster Clean?
Ster-Clean specializes in crime scene clean up, hoarding remediation and infection control. The brand and founder Cory Chalmers has been often featured on the hit TV series Hoarders. Let us show you how we maximize profits and minimize expenses of our franchise owners This is a unique business without a lot of competitors.
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 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 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!
How much is the restoration industry worth in 2021?
The industry is now worth $4 billion in the US and is expected to grow by 3.2% in 2021. The COVID pandemic initially caused alarm in the restoration industry, as jobs were cancelled by clients. But restoration work was still needed, ensuring the industry’s survival.
When will restoration services be updated?
This annual list of the best restoration services franchises was revised and updated on February 17, 2021. Severe weather events are on the rise. Hurricanes, superstorms, floods, wildfires, and tornadoes all affect American homeowners and business premises, as do more mundane disasters and deterioration over time.
What is Servpro's slogan?
One of the company’s current slogans is “faster to any size disaster, ” emphasizing its 24/7 emergency service. It is also a preferred vendor for many local and national insurance companies. Servpro also adheres to the standards of the IICRC (Institute of Inspection Cleaning and Restoration Certification).
What is restoration service?
Restoration services companies deal with a wide range of problems, including water damage, fire damage, smoke damage, mold remediation, regular carpet and upholstery cleaning, HVAC and air duct cleaning. While these companies are sometimes called on to sweep in after a dramatic disaster, they also have the day-to-day work of restoring rundown homes and other premises to keep them in business.
How many locations does Ted and Doris have?
Founded by Ted and Doris Isaacson in 1967 and franchising since 1969, the number of locations has risen steadily in recent years from 1,521 in 2009 to the current total of 1,841 (up from the previously reported total of 1,715), of which none are company-owned and 16 are located outside the US.
Why is 911 Restoration called the Fresh Start Company?
911 Restoration calls itself “the fresh start company” because that’s what people need when disaster strikes their home or business. Being sensitive to the human emotional aspect of disasters has been an important focal point of this company from the beginning.
Who owns ServiceMaster Clean?
ServiceMaster Clean/ServiceMaster Restore is part of the ServiceMaster family of brands, including Terminix, Merry Maids, AmeriSpec Inspection Services, Furniture Medic, and American Home Shield. Founded in 1929 by minor league baseball player Marion E. Wade in Chicago, incorporated in 1947, and franchising since 1952, the number of locations has held relatively steady in recent years and currently stands at 4,937 (up from the previously reported total of 4,929), of which nine are company-owned and 1,815 are located outside the US.
Restoration 1 Franchise Costs: Estimated Initial Investment (Item 7, 2021 FDD)
If you acquire a Standard Franchise, the initial franchise fee is $54,900 for a Territory that includes between 250,000 and 250,999 people, plus an additional $175 per 1,000 people over 250,000 in population.
For a Standard Franchise
If you acquire a Standard Franchise, the initial franchise fee is $54,900 for a Territory that includes between 250,000 and 250,999 people, plus an additional $175 per 1,000 people over 250,000 in population.
