Restoration 1 logo

Restoration 1

Residential and commercial water, fire, smoke, and mold restoration

Investment

$126,525

Initial Franchise Fee

$59,900 - $64,400

Units

298

Growth Rate

+2.1%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Maintenance
Founded 2008
Franchising Since 2009
Parent Company Stellar Service Brands
Leadership Zach Munroe, VP of Franchise Development
# of Employees at HQ 30
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Units and Growth Chart

About Restoration 1

Clients are likely to be stressed when damages to their homes or property occur. Getting that damage restored should not be stressful. This is where Restoration 1 comes in. The company strives to take the stress out of home restoration projects.

Restoration 1 specializes in providing restoration services for water, mold, and fire damage. The brand has been in the restoration business since 2016 and has more than 250 different locations. 

Why You May Want to Start a Restoration 1 Franchise

Restoration 1 follows a sound business model and is in an essential business. Opening a Restoration 1 franchise may be an excellent opportunity if you are looking to run your own business. As a franchisee, you must also have a desire to help people in their time of need. Operating a Restoration 1 franchise is an essential service, especially following a traumatic event, and clients will be putting their homes and properties into your hands. 

This business's potential may be high, as the company has plenty of prime territories for new franchisees to choose from. The market is typically receptive to this company, so you may be set up for success from the beginning. Restoration 1 is well-known in the restoration industry, potentially making it a nice business to run. The restoration industry is important, which may ensure that restoration services are in demand year-round.

The unique marketing strategy employed by Restoration 1 may allow franchisees to have an advantage in the market over their competition. This business also comes with a lean workforce and can be operated as a home-based business, potentially keeping overhead costs low. It also can be operated through absentee ownership, further allowing franchisees to run the franchise as is best for them.

What Might Make a Restoration 1 Franchise a Good Choice?

To be part of the Restoration 1 team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. Restoration 1 may offer a significant discount off the franchise fee for veterans. Additionally, you should prepare yourself for ongoing fees, which will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. The term of agreement for a Restoration 1 franchise is typically 10 years, at which point the franchisor and franchisee can decide if they wish to continue operating in business together.

Despite home and property restoration sounding like a specialized and complicated business, it can be easy to learn and operate with the support of the Restoration 1 company. 

How to Open a Restoration 1 Franchise

As you decide if opening a Restoration 1 franchise is the right decision for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise location would do well in your community. While competition is healthy, too much of it may not allow for the most possible brand growth.

Additionally, before making any financial commitment or signing an agreement, it is crucial that you perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and ask questions directed to the Restoration 1 team. 

Restore what's been lost and submit an inquiry form today!

Investment Details

Initial Franchise Fee $59,900 - $64,400
Initial Investment $126,525 - $309,500
Net Worth Requirement $250,000
Cash Requirement $100,000
Royalty Fee 7%
Ad Royalty Fee 0
Technology Fee $525/mo.
Term of Agreement 10 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive $9,000 off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 8 hours
Classroom Training 110 hours

Ongoing Support

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

Marketing Support

Ad Templates
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Yes
Can this franchise be run part time? No
# of employees required to run 3-4
Are exclusive territories available? Yes

Ranking History

Restoration 1 performance in the Franchise rankings over recent years

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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