#183
At a Glance
Products & Services: Insurance restoration services
Number of Locations: 215
Total Investment: $179.46K - 239.77K
Founded: 1966
Began Franchising: 1970
Public Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 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: $179,464 - $239,774
Franchise Fee: $75,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 5 years, renewable
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 |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 4 weeks. At franchisee's location: 2 weeks. 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,
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