Rank no. 350 – Paul Davis Restoration Inc. – US
Products & Services: Insurance restoration services
Number of Locations: 207
Total Investment: $186.74K – 383.27K
Began Franchising: 1970
About Paul Davis Restoration Inc.
Paul Davis Restoration, founded in 1966 in Jacksonville, Florida, began franchising in 1970. Franchisees offer insurance restoration and remodeling services, including mold remediation, smoke containment and cleanup, water extraction and construction, to residential and commercial clients.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $75,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 5 years, renewable
Net Worth: $350,000
Liquid Cash Available: $180,000 – $240,000
10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 – 20. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|