Restore 24-7

Restoration and remodeling
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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$115K - $366K
Units as of 2015
10 Decrease

Company Overview

About Restore 24-7

Related Categories Building & Remodeling, Restoration Services
Founded 2012
Leadership Jack Hanks, Founder and CEO
Corporate Address 7033 E. Greenway Pkwy., #110
Scottsdale, AZ 85254
Social Facebook, Twitter

Business Overview

Franchising Since 2013 (11 years)
# of employees at HQ 8
Where seeking

This company is offering new franchises in the following US states:

# of Units 10 (as of 2015)

Information for Franchisees

Here's what you need to know if you're interested in opening a Restore 24-7 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 Information Circle
$25,000
Initial Investment Information Circle
$114,750 - $365,750
Net Worth Requirement Information Circle
$300,000
Cash Requirement Information Circle
$50,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
12%
Ad Royalty Fee Information Circle
0.5%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Restore 24-7 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 5 days
Classroom Training 5 days
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 2
Are exclusive territories available? Information Circle
Yes
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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