Rank no. 432 – Restoration 1 – US

Products & Services: Insurance disaster restoration & cleaning

Number of Locations: 20

Total Investment: $86.75K – 125.15K

Founded: 2008

Began Franchising: 2009

About Restoration 1

Restoration 1 franchisees offer 24-hour emergency water extraction, mold remediation, drying, dehumidification, fire and smoke damage restoration, storm-response services and general maintenance and cleaning services for home and business owners. The company, based in Ft. Lauderdale, Florida, was founded in 2008 and began franchising in 2009.

Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing

Total Investment: $86,750 – $125,150
Franchise Fee: $35,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 20 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $100,000
Liquid Cash Available: $70,000
OPERATIONS
Franchise can be run from home. Absentee ownership of franchise is NOT allowed..

Franchise Ranking History

Franchise 500®: #432 (2013),
Top New: #38 (2013),

Restoration1 believes that a satisfied customer goes a long way in the future of our company. Sustaining loyalty of a demanding customer base is just one part of our customer care. We will strive to satisfy all of our clients restoration needs to the fullest. Our technicians are always ready to guide you through even the toughest restoration process. In this highly competitive and rapidly changing environment, customer care is very important to our company. Sustaining a profitable business is getting more and more difficult during these rough economic times. At Restoration1, we have no problem building and managing complex customer information. Our technicians are always equipped and ready to take on any of your restoration needs.

Why Restoration and why Restoration1®?

There is an incredible market all over the nation for quality service companies that specialize in emergency mitigation and restoration. It is estimated that the restoration market is a $60 billion industry and growing.

It is unfortunate, but there is wind, storm, fire and water damage that occurs every day in every community across America. Therefore there is consistent demand for Restoration1® services. More importantly, our services are not for discretionary purposes. Because the property damage must be repaired, our business is unaffected by overall economic conditions.

The Strength of Restoration1®
There is most likely a great deal of business available in your market for a Restoration1® emergency mitigation and restoration franchise. This is because no company or concept dominates the industry, the services are needed fast and on the spot during an emergency scenario. The fact is that emergency mitigation and restoration work is a unique niche and requires specialists to complete a job the right way. Restoration1® has developed a business model that allows a franchisee to develop and generate business through web marketing, regional referral partners and established vendor relationships. Strategic partners of the franchisor encourage work be given to the people they can trust will get the job done quickly and professionally. This means that the majority of mitigation and restoration business is referred to the company with the best track record for response, quality work and job outcome. With the reputation and business development methods of Restoration1®, you can be one of those trusted mitigation and restoration companies!

As a recognized regional innovator, Restoration1® has a reputation for our response, work quality, and an absolute commitment to our referral agents. Our superior response and customer service approach carves out significant market share in every community we serve.

Restoration1® is growing simply because we have only one focus; it’s assisting our restoration franchise owners to succeed through the use of our proven methods of business development and quality services application. What you’ll find is that we are as fully committed to your business as you are. We will stand behind you from the very beginning and will remain right beside you while your business grows to meet your business and financial goals.

Source: http://www.restoration1franchise.com