Paul Davis Restoration Inc.
Insurance restoration servicesBackground
Founded: 1966 Franchising since: 1970
Franchisor is a publicly-held company with 30 employee(s); 30 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: 250,000-300,000 average population
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1 Independent Dr., #2300 Jacksonville, Florida 32202 |
Phone: (904)737-2779
Franchisee Association
Franchise Owners Association |
Franchisor is a publicly-held company with 30 employee(s); 30 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 217 | 0 | 0 | 0 |
| 2008 | -- | -- | -- | -- |
| 2007 | -- | -- | -- | -- |
| 2006 | 217 | 0 | 0 | 0 |
| 2005 | 220 | 0 | 0 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: 250,000-300,000 average population
Costs and Fees
|
Total investment: $200K-300K Franchise fee: $55K |
Ongoing royalty fee: 3.5% Term of agreement: 5 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | Yes | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $350K
Cash liquidity requirement: $150K-250K
Business Experience:
- General business experience
- Marketing skills
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)
Training and Support
Training
Ongoing Support
Marketing Support
- 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