Rainbow Restoration logo
Restoration and remediation

Investment

$159,336

Initial Franchise Fee

$40,000

Units

379

Growth Rate

N/A

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Maintenance
Founded 1981
Franchising Since 1981
Parent Company Neighborly
Leadership Joshua Miller, Brand President
# of Employees at HQ 1100

Units and Growth Chart

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About Rainbow Restoration

Rainbow Restoration®: A Recession-Resilient Franchise & Restoration Leader

Since 1981, Rainbow Restoration has provided a variety of residential damage restoration and remediation services as an award-winning industry leader, including recognition within Entrepreneur’s Franchise 500® as Top Global Franchises (2025) and Top Franchises For Veterans (2025).

With more than 330 locations across North America, Rainbow Restoration has a proven business model that emphasizes executive ownership, service breadth, and recession-resiliency.

Rainbow Restoration is proud to be a part of Neighborly®, the world’s largest home services franchise with 19 brands and more than 5,000 locations focused on repairing, maintaining, and enhancing properties.

Why Invest in a Rainbow Restoration Franchise?

No Industry Experience Required: By utilizing an executive ownership model where you make the decisions and manage your own business, you'll make a positive impact on your community and provide hope during times of crisis.

Multiple Revenue Streams: Our service offering covers a variety of both standard and specialty jobs, from damage restoration and mold removal to crime scene cleanup and emergency repairs. Better yet, we're certified by the IICRC, meaning our reliability is trusted by agents and adjusters alike.

ProTradeNet® Buying Power: Exclusively available to Neighborly brand franchise owners, you’ll have access to discounts and rebates from over 250 preferred vendors, such as Jon-Don and Aramsco. In 2023, Neighborly brand franchise owners who joined PTN collectively received over $8.7 million in rebates and $98 million in up-front savings.

Veteran Discounts: We are proud to partner with VetFran and offer franchise fee discounts for qualified veterans. With more than 425 current Veteran owners across Neighborly brands, we’re committed to helping transitioning and current Veterans achieve their business goals.

Best-in-Class Training & Support

  • Training Program & Business Coach: In-depth marketing and sales training as you get started, plus a consultant to answer questions and provide guidance as you grow.

  • Local & National Marketing Expertise: SEO & PPC guidance set the stage for integrated plans and tactics in your market that focus on customer acquisition, retention, and reactivation.

  • Ongoing Education & Owner Collaboration: Comprehensive opportunities such as regional training events and national conferences to ensure you have the knowledge to function at the top of your game.

  • Digital Integration: The Neighborly app makes it convenient for customers to find your brand, get inspiration for home projects, and book service appointments with just a few clicks.

Investment Details

Initial Franchise Fee $40,000
Initial Investment $159,336 - $330,900
Cash Requirement
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Royalty Fee
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Ad Royalty Fee
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Term of Agreement
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Is Franchise Term Renewable?
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Financing
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Available Territories

Franchising opportunities available in the following regions

United States

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Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
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Classroom Training
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Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform

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Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
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Can this franchise be run from home/mobile unit?
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Can this franchise be run part time?
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# of employees required to run
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Are exclusive territories available?
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Veterans program
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Ranking History

Rainbow Restoration performance in the Franchise rankings over recent years

Additional Rankings

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

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022