1-800 Water Damage

Restoration

About

Founded

1988

Franchising Since

2002 (17 Years)

Corporate Address

731 Fairfield Ct.
Ann Arbor, MI 48108

CEO

Rusty Amarante

Parent Company

Belfor Franchise Group

Financial Requirements

Initial Investment ⓘ

$59,000 - $227,624

Net-worth Requirement ⓘ

$150,000 - $200,000

Liquid Cash Requirement ⓘ

$100,000

Ongoing Fees

Initial Franchise Fee ⓘ

$59,000 - $84,500

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

10% 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

Loyalty program/app

On-The-Job Training:

24 hours

Classroom Training:

66 hours

Additional Training:

Training videos, webinars, seminars

Absentee Ownership Allowed

Number of Employees Required to Run:

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 - $59,000 High - $227,624

Units

+12.3%+7 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: September 17th, 2018

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