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Restoration 1

2014 Franchise 500
#369
At a Glance

Products & Services: Insurance/disaster restoration and cleaning

Number of Locations: 20

Total Investment: $86.8K - $125.2K

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.

Franchise Units

Year U.S. Canadian International Company Owned
2013 16 3 0 1
2012 10 1 0 1
2011 7 0 0 1
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..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

Franchise Ranking History

Franchise 500®: #369 (2014), #432 (2013),
Top New: #29 (2014), #38 (2013),