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Units as of 2020
225 (116 added in 3 years)
51.6%
2021 Franchise 500 Rank
#183 Ranked #167 last year
Initial investment
$85K - $193K

Company Overview

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 Waco, Texas, was founded in 2008 and began franchising in 2009.

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About Restoration 1

Industry
Maintenance
Founded
2008
Parent Company
Restoration 1 Franchise Holding LLC
Leadership
Gary Findley, CEO

Franchising Overview

Franchising Since
2009 (12 years)
# of employees at HQ
17
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
225 (as of 2020)

Franchisor Information

Corporate Address
5113 Steinbeck Bend Dr.
Waco, TX 76708

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Restoration 1 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
$54,900 - $59,275
Initial Investment
$84,500 - $193,125
Net Worth Requirement
$175,000
Cash Requirement
$75,000
Veteran Incentives
$7,000 off franchise fee
Royalty Fee
7%
Ad Royalty Fee
1-2%
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.

Third Party Financing
Restoration 1 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
20 hours
Classroom Training
62 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Marketing Support
Ad Templates
National Media
Social Media
SEO
Website Development
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
4
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where Restoration 1 landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Restoration 1 ranked on other franchise lists? Find out below.

Ranked #183

Franchise 500 Ranking

Ranked #79

Fastest-Growing Franchises

Ranked #84

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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