百大连锁店-Rank no. 350 – 新移民致富之路

百大连锁店-Rank no. 350 – 新移民致富之路


Rank no. 350 – Paul Davis Restoration Inc. – US

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Products & Services: Insurance restoration services

Number of Locations: 207

Total Investment: $186.74K – 383.27K

Founded: 1966

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.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 207 0 0 0
2012 207 0 0 0
2011 215 0 0 0
2010 229 0 0 0
2009 217 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $186,740 – $383,277
Franchise Fee: $75,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 5 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $350,000
Liquid Cash Available: $180,000 – $240,000

OPERATIONS

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
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 weeks. At franchisee’s location: 1 week. Follow-up training at 6-month anniversary : 3 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #350 (2013), #183 (2012), #170 (2011),
Top Home-Based: #47 (2011),