1-800 Water Damage

1-800 Water Damage

Restoration
Find out what franchise is right for you
Units as of 2020
104 (47 added in 3 years)
45.2%
2021 Franchise 500 Rank
#196 Ranked #130 last year
Initial investment
$106K - $212K

Company Overview

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.

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About 1-800 Water Damage

Industry
Maintenance
Founded
1988
Parent Company
Belfor Franchise Group
Leadership
Tim Fagan, President

Franchising Overview

Franchising Since
2002 (19 years)
# of employees at HQ
40
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
104 (as of 2020)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
731 Fairfield Ct.
Ann Arbor, MI 48108

Information for Franchisees

Here’s what you need to know if you’re interested in opening a 1-800 Water Damage franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$59,000 - $84,500
Initial Investment
$105,822 - $211,537
Net Worth Requirement
$150,000 - $200,000
Cash Requirement
$100,000
Veteran Incentives
20% off franchise fee
Royalty Fee
5-10%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
1-800 Water Damage offers in-house financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Third Party Financing
1-800 Water Damage has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
10 hours
Classroom Training
80 hours
Additional Training
Training videos, webinars, seminars
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where 1-800 Water Damage landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where 1-800 Water Damage ranked on other franchise lists? Find out below.

Ranked #196

Franchise 500 Ranking

Ranked #72

Fastest-Growing Franchises

Ranked #81

Top Franchises for Veterans

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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