Restoration 1
#167 Franchise 500| Water, fire, smoke, and mold restoration

About
Founded

2008

Franchising Since

2009 (11 Years)

Corporate Address

5113 Steinbeck Bend Dr.
Waco, TX 76708

Leadership

Gary Findley, CEO

Parent Company

Restoration 1 Franchise Holding LLC

Financial Requirements
Initial Investment

$84,500 - $193,125

Net-worth Requirement

$175,000

Liquid Cash Requirement

$75,000

Ongoing Fees
Initial Franchise Fee

$54,900 - $59,275

Ongoing Royalty Fee

7%

Ad Royalty Fee

1-2%

Financing Options

Restoration 1 has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Veteran Incentives

$7,000 off franchise fee

Support Options
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

On-The-Job Training:

20 hours

Classroom Training:

62 hours

Number of Employees Required to Run:

4

Restoration 1 is ranked #167 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $84,500 High - $193,125
Units
+21.1%+35 UNITS (1 Year) +148.1%+120 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 14th, 2020