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- 2022 Franchise 500 Rank
N/R Ranked #419 last year
- Initial investment
$139K - $253K
- Units as of 2020
Here’s what you need to know if you’re interested in opening a Art Recovery Technologies franchise.
Art Recovery Technologies, founded in 2012 and beginning to franchise in 2016, is an art and collectibles restoration franchise located in the United States. More than 55 Art Recovery Technologies locations offer the services and materials needed to restore art and collectibles. The company provides services of art affected by water, fire, or vandalism damage. Art Recovery Technologies is also a sister company to Electronic Restoration Services.
As you run your Art Recovery Technologies franchise, you will help people restore their collectibles and precious art to beautiful, symbolic pieces. The perfect candidate for an Art Recovery Technologies franchise is passionate about helping others, art, restoration, and business.
Why You May Want to Start an Art Recovery Technologies Franchise
Art Recovery Technologies has been committed to providing quality restorations services for years. They strive to restore electronics, art, documents, and textiles quickly and effectively. They have an expert team that offers high-quality and cost-effective restoration services.
Art Recovery Technologies offers years of business experience. Their proven business and marketing models, together with their professional and efficient restoration professionals, may attract loyal and steady clientele.
As an Art Recovery Technologies franchisee, you'll be helping contractors, professionals, policyholders, and others in your local community restore their valuables to original condition. By giving them a piece of their story or a source of income back, you may be contributing to the greater good of your community. You also may find it mentally stimulating to help people find happiness in mundane things that may not have much monetary value, but hold a lot of sentimental value.
What Might Make an Art Recovery Technologies Franchise a Good Choice?
Art Recovery Technologies has been ranked in Entrepreneur's Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
The art and electronics restoration industry may be a solid one to enter into. Art Recovery Technologies may offer your franchise a vast business opportunity to establish itself, potentially giving you the chance to be the only expert restorer on a franchise level.
To be part of the Art Recovery Technologies team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open an Art Recovery Technologies Franchise?
As you decide if opening an Art Recovery Technologies franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Art Technologies franchise would do well in your community.
To start your journey in opening an Art Recovery Technologies facility in your community, begin by applying. If your application is accepted, you will speak to someone on the franchise team to guide you through the following steps. Expect several dozen hours of classroom training to go along with several more hours of on-the-job training.
Art Recovery Technologies wants to see your franchise grow and is ready to support you in every way through training, marketing, and community.
About Art Recovery Technologies
- Franchising Since
- 2016 (6 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees in the following US states:
- # of Units
- 59 (as of 2020)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Art Recovery Technologies 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
- $25,000 - $75,000
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $138,700 - $253,000
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- $2,000 off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Art Recovery Technologies has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
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
- 6-16 hours
- Classroom Training
- 54-72 hours
- Ongoing Support
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Ad TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where Art Recovery Technologies landed on this year’s Franchise 500 Ranking versus previous years.
Are you eager to see what else is out there? Browse more franchises that are similar to Art Recovery Technologies.
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