Franchise: Restoration 1

|
Initial Investment
LOW:$77,950
HIGH: $182,100
Change in Units
+107.7% +42 UNITS (1 Year)
+305.0% +61 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Ad Slicks
National Media

Training Onsite: 24 hours

Training at headquarters: 56 hours

Number of employees required to run: 4

About Restoration 1

Restoration 1 franchisees offer 24-hour emergency water extraction, mold remediation, drying, dehumidification, fire and smoke damage restoration, storm-response services and general maintenance and cleaning services for home and business owners. The company, based in Waco, Texas, was founded in 2008 and began franchising in 2009.

Founded

2008

Franchising Since

2009 (8 Years)

Corporate Address

200 W. Hwy. 6, #326 Waco, TX 76712

CEO

Gary Findley

Parent Company

Restoration 1 Franchise Holding

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Financial Requirements

Initial Investment

$77,950 - $182,100

Net-worth Requirement

$150,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$49,500 - $49,500

Ongoing Royalty Fee

7%

Ad Royalty Fee

1%

Financing Options

Restoration 1 offers in-house financing to cover the following: franchise fee, startup costs

Restoration 1 has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives


$7,000 off franchise fee

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 17th, 2017

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