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1-800-Water Damage

At a Glance

Products & Services: Restoration services

Number of Locations: 67

Total Investment: $105.2K - $141.3K

Founded: 1988

Began Franchising: 2002

About 1-800-Water Damage

1-800-Water Damage franchisees offer 24-hour emergency water damage restoration services including water extraction, sewage cleanup, drying, dehumidification, odor control, disinfecting, carpet cleaning, debris removal and mold remediation. The Seattle-based company was started in 1988, and began franchising in 2002, originally under the name Cure Water Damage.

Franchise Units

Year U.S. Canadian International Company Owned
2012 67 0 0 0
2011 66 0 0 0
2010 61 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $105,200 - $141,250
Franchise Fee: $40,000 - $55,000
Ongoing Royalty Fee: 5-10%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. 50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is 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: 2 weeks. Available at franchisee's location. Training videos, webinars, seminars
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Purchasing cooperatives
Marketing Support: Ad slicks,
Other marketing support: Marketing coach

Franchise Ranking History

Franchise 500®: #279 (2013), #264 (2012), #231 (2011), #312 (2010),
Top Home-Based: #74 (2013), #78 (2012), #68 (2011), #88 (2010),
America's Top Global: #199 (2012), #181 (2011),

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