1-800 Water Damage

Restoration

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About

Founded

1988

Franchising Since

2002 (16 Years)

Corporate Address

731 Fairfield Ct.
Ann Arbor, MI 48108

CEO

Rusty Amarante

Parent Company

Belfor Franchise Group

Financial Requirements

Initial Investment ⓘ

$79,000 - $262,442

Net-worth Requirement ⓘ

$150,000 - $200,000

Liquid Cash Requirement ⓘ

$100,000

Ongoing Fees

Initial Franchise Fee ⓘ

$79,000 - $79,000

Ongoing Royalty Fee

7-11%

Ad Royalty Fee

1-2%

Financing Options

1-800 Water Damage offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

1-800 Water Damage has relationships with third-party sources which offer financing to cover the following:  franchise fee, startup costs, equipment

Veteran Incentives

$7,900 off franchise fee

Support Options

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

Social media

SEO

Website development

Email marketing

On-The-Job Training:

30 hours

Classroom Training:

150 hours

Additional Training:

Training videos, webinars, seminars

Absentee Ownership Allowed

Number of Employees Required to Run:

1-800 Water Damage is ranked #161 in the Franchise 500!

Bio

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.

Cost

Initial Investment: Low - $79,000 High - $262,442

Units

+50.0%+19 UNITS (1 Year)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

Franchise Financing

Using 401(K)/IRA Funds

Tax Penalty-Free
Debt Free
Expert Guidance

Learn More

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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: October 6th, 2017

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