Electronic Restoration Services

Electronic Restoration Services

Recovery and restoration of electronic equipment and data
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2022 Franchise 500 Rank
N/R Ranked #448 last year
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Initial investment
$159K - $249K
Units as of 2020
73

Here’s what you need to know if you’re interested in opening a Electronic Restoration Services franchise.

Electronic Restoration Services is a national company that has been in business for over 25 years. Founded in 1993 and franchising since 2012, they work to provide quality restoration and recovery services for electronic devices.

Electronics are subject to damage from fire (including smoke and soot), water, and power surges or lightning. Understanding the critical role electronics play in personal and commercial lives, Electronic Restoration Services has worked to become a trusted source people can turn to for help. The company offers a wide range of services for residential and industrial clients. These services include helping restore appearances, functionality, and data.

There are over 60 Electronic Restoration Services franchises located throughout the United States.

Why You May Want to Start an Electronic Restoration Services Franchise

Electronic Restoration Services values quality, communication, honesty, and respect for timely work. When trouble arises, they want to help you get back on your feet as soon as possible by being available 24/7. Emergencies don't have limited hours, and neither does Electronic Restoration Services.

Electronic Restoration Services 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. 

Opening a Electronic Restoration Services franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

What Might Make an Electronic Restoration Services Franchise a Good Choice? 

With a vision of being "the expert of choice for specialty restoration services," Electronic Restoration Services is committed to restoring and recovering electronic appliances after an emergency occurs. They may work on projects of all sizes, whether it be a single item for an individual or a line of equipment for an industry. The company provides a range of services, from optimizing commercial processes to recovering data on an individual's personal computer.

Electronic Restoration Services uses a proven business model and works with state-of-the-art technology. They provide initial startup training as well as ongoing training and support. The company doesn't leave franchisees on their own. They assist in a handful of ways, including with marketing and via operation guides.

How To Open an Electronic Restoration Services Franchise 

To be part of the Electronic Restoration Services 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. 

Electronic Restoration Services has partnered with third-party financial lenders that may help cover the costs of the franchise fee, startup, equipment, inventory, and accounts receivable.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask questions to the Electronic Restoration Services franchising team.

Find Your Perfect Franchise

Company Overview

About Electronic Restoration Services

Founded
1993
Parent Company
Restoration Specialties Franchise Group
Leadership
Chris Ring, President & CEO

Franchising Overview

Franchising Since
2012 (10 years)
# of employees at HQ
13
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
73 (as of 2020)

Franchisor Information

Corporate Address
12001 Levan Rd.
Livonia, MI 48150

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Electronic Restoration Services 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
Initial Investment
$159,000 - $249,300
Net Worth Requirement
$300,000
Cash Requirement
$150,000
Veteran Incentives
$2,000 off franchise fee
Royalty Fee
7%
Ad Royalty Fee
2%
Term of Agreement
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
Electronic Restoration Services has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable

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
12-20 hours
Classroom Training
68-84 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No
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Franchise 500 Ranking History

Compare where Electronic Restoration Services landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021