#432
At a Glance
Products & Services: Insurance disaster restoration & cleaning
Number of Locations: 12
Total Investment: $86.75K - 125.15K
Founded: 2008
Began Franchising: 2009
About Restoration 1
Restoration 1 franchisees offer construction-based insurance restoration services including fire, water and smoke damage restoration, mold removal, storm-response services and general maintenance and cleaning services. 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 |
| 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
Franchise Fee: $35,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $85,000
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 |
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