Franchise FAQ

how much is a dki franchise

by Gus Crist Published 1 year ago Updated 1 year ago
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How much does a DKI Disaster Kleenup franchise cost?

  • Total Investment: $7,435 to $18,185
  • Working Capital: $0 to $1,000

The franchise fee
franchise fee
A franchise fee is a fee or charge that one party, known as the franchisee, pays another party, known as the franchisor, for the right to enter in a franchise agreement.
https://en.wikipedia.org › wiki › Franchise_fee
for Disaster Kleenup International is between $5,000 and $343,785. The total investment to open and operate a DKI franchise ranges from $7,145 to $102,535. Franchise Agreements are for 2 years, renewable. An ongoing royalty fee of between $575 and $1,980 is paid monthly to the company.

Full Answer

What is the franchise fee?

How long is a franchise agreement?

When did Disaster Kleenup become a franchise?

Do franchisors have in-house financing?

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About this website

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Is DKI a franchise?

As a member of DKI, you become a part of one of the most exclusive disaster restoration organizations in North America with a franchise built on providing peace of mind for individuals in helpless situations.

How do franchise fees work?

Franchise marketing fees are usually based on your monthly revenue. For instance, if your average monthly revenue is $25, 000, and the franchisor charges a 2% marketing fee, you'll have to pay your franchisor $500. (That's $6, 000 annually.)

What does DKI stand for in restoration?

Disaster Kleenup InternationalDKI (Disaster Kleenup International) is the largest organization in North America that contracts for disaster restoration.

How do franchise owners get paid?

How do franchise owners get paid? Franchise owners can pay themselves a salary or depending on their business entity, they may be able to take a draw from their accumulated equity.

What does a KFC franchise cost?

For non-traditional KFC outlets, KFC charges an initial license fee of $22,500. For traditional KFC franchise agreements, the franchise (or initial license) fee is $45,000 split into the deposit fee and the option fee.

What does DKI stand for legal?

DKI. Deny Knowledge or Information (legal advice)

What is a TPA in restoration?

The trend for the past few decades in the restoration industry is for insurance companies to allow management for the claims process to a Third Party Administrator (TPA). The most popular TPA firms in the restoration industry are Alacrity, Code Blue, Crawford Contractor Connection, and IMACC.

What is Propacific DKI?

Pro Pacific DKI provides complete restoration and damage repair services to Vancouver Island from Comox south to Victoria, BC. Trust our expert technicians to help you minimize loss and recover from any disaster, at any time.

What is a reasonable franchise fee?

Franchise fees are typically between $25,000 to $50,000 on average. 2) Startup Costs: These are the expenses you'll incur to get your new business open and operating. Initial investment costs vary widely from franchise to franchise.

How much percentage does a franchise take?

The average or typical royalty percentage in a franchise is 5 to 6 percent of volume, but these fees can range from a small fraction of 1 to 50 percent or more of revenue, depending on the franchise. Marketing Fees. Franchises often require participation in a common advertising or marketing fund.

Are franchise fees refundable?

Fees and royalty clause This clause mentions the non-refundable franchise fees which the franchisee has to make to the franchisor and also the one-time fees if any. Royalty clause is the non-refundable portion of the payment (usually in percentage) which the franchisee are obliged to make to the franchisor.

Is franchising a good way to make money?

Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.

Locations | Find A DKI Contractor - DKI Services

DKI Services is a USA's full-service restoration company that provides emergency response & restoration services. Visit us to find a DKI Contractor located near you.

INSURANCE RESTORATION NETWORK - 12 Photos - Yelp

Specialties: Serving Riverside County, DKI Insurance Restoration Network, Inc. team has been helping customers restore their properties after disasters of all sizes. We understand our customers' need for fast, reliable service in order to get back to everyday life. As a result, we pride ourselves on employing the finest contractors in your area to not only restore your property, but also your ...

DKI RESTOTECH - 68 Photos & 35 Reviews - Yelp

35 reviews of DKI Restotech "My insurance company hired this firm to dry my place out after a water leak. The DKI staff were very friendly and accommodated my schedule. The technicians were helpful, very conscientious about my furniture, and cleaned up the site. They made coping with this stressful situation just a bit easier. Thanks, Robert G."

Bay Area DKI - Tampa - Oldsmar, FL 34677 - GuildQuality

View real customer reviews and feedback from GuildQuality surveys. Bay Area DKI - Tampa relies on our customer satisfaction surveying to help them deliver an exceptional customer experience.

What is the franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.

How long is a franchise agreement?

What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.

When did Disaster Kleenup become a franchise?

In 1974 , a small group of restoration contractors joined together to form Disaster Kleenup International (DKI) as a collaborative business and personal network. Twenty years later the company became a franchise. Services provided by franchisees include emergency response, water damage mitigation, fire and contents cleaning, mold remediation and reconstruction.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

How much does a DKI Disaster Kleenup franchise make?

As with any business, profits from a DKI Disaster Kleenup franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise .

What is DKI disaster kleenup?

DKI Disaster Kleenup provides property damage mitigation and/or reconstruction services or specialty services to customers.

How many franchise locations do they have?

As of the 2017 Franchise Disclosure Document, there are 300 franchised DKI Disaster Kleenup locations in the USA.

How many states does Kleenup have franchises?

Based on 2017 FDD data, DKI Disaster Kleenup has franchise locations in 40 states. The largest region is the South with 103 franchise locations.

What does it mean to find the best franchise?

Finding the best franchise means comparing several brands to determine the ideal fit for you.

When did they begin franchising?

They began franchising in 2011. The average Restoration franchise began franchising in 2006.

What is a DKI?

Disaster Kleenup Internationa, known as DKI, is the largest disaster restoration contracting organization in North America. The restoration services that DKI provides to insurance, commercial and residential clients include emergency, response, water damage mitigation, fire and contents cleaning, mold remediation, complete reconstruction and much more, 24 hours a day, 365 days a year. DKI returns damaged property to its pre-loss condition quickly and efficiently, delivering complete satisfaction to consumer, insurance, and corporate clients.

What is DKI certified?

DKI does its part in striving to build and create green environments, and is the only Green Certified Services Organization, providing a superior level of knowledge, expertise, professionalism and customer service to property owners, managers, facility directors and insurers of green buildings. DKI can ensure that if a green building sustains damage, the building will be restored using the most efficient green products in the marketplace.

Is Disaster Kleenup International a franchise?

Disaster Kleenup International / DKI is listed in the Franchise Directory under the Business Services category. It's also listed in the section for Franchises Under $40,000 .

What is DKI in business?

Since 1974, DKI has continued to be the industry’s leader in innovation and expertise. The DKI experience allows you to learn tricks of the trade and gain access to ongoing trainings, industry events, large commercial clients, industry partners, sales and marketing assistance, and so much more.

How many years of DKI experience?

Tap into the DKI Network’s 25+ average years of experience. • Gain actionable business intelligence with DKI’s Annual Survey.

What is DKI certification?

DKI is ISO 9001:2015 certified, which sets us apart from the competition and allows more large loss job opportunities with industries that require ISO certification.

Who sponsors DKI University?

DKI University Online Training Portal, sponsored by United Rentals, allows you to manage your team’s scheduled and completed trainings in one secure place.

Does DKI have a national network?

Access networking opportunities that boost your business and large loss capabilities like no other! With the strength and coverage of DKI’s National Network, you’ll never turn down a job, no matter how large!

At a Glance

Disaster Kleenup Internationa, known as DKI, is the largest disaster restoration contracting organization in North America.

sell my franchise

Are you a Disaster Kleenup International / DKI Franchisee and want to sell your franchise? FranchiseResales.com has already developed the Disaster Kleenup International / DKI content necessary to help you maximize your reach as you look for the perfect buyer.

How much does it cost to open a Chick Fil A?

Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including a $10,000 franchise fee, but unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000.

Does Chick Fil A have a minimum net worth?

Additionally, Chick-fil-A has no requirements for minimum net worth or liquid assets. However, Chick-fil-A charges a 15% royalty and takes 50% of all profits for franchisees, by far the steepest structure of any quick-service brand.

Does Chick Fil A require franchising?

While the franchising opportunity doesn’t cost much , Chick-fil-A “requires a holistic commitment to own and operate the business in a hands-on manner” from owners. Overall, Chick-fil-A’s unorthodox strategy has paid off.

Does Chick Fil A own the building?

Because Chick-fil-A covers all expenses involved in building and opening a restaurant, the franchisor also owns the real estate, building, equipment and virtually everything else in the store; the franchisee simply operates the business.

What is the franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.

How long is a franchise agreement?

What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.

When did Disaster Kleenup become a franchise?

In 1974 , a small group of restoration contractors joined together to form Disaster Kleenup International (DKI) as a collaborative business and personal network. Twenty years later the company became a franchise. Services provided by franchisees include emergency response, water damage mitigation, fire and contents cleaning, mold remediation and reconstruction.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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