6/10

Franchimp Summary Rating

4 /10
Higher than 67% of peers

Franchise Summary

Description
You will operate a business providing residential and commercial water, fire, smoke and mold restoration services with additional services such as cleaning, drying and reconstruction and repair of damaged structural areas, pack-out services, and content processing, cleaning, and restoration.
Company Background
Restoration 1 is an at-home business opportunity that provides residential and commercial water, fire, smoke, and mold restoration services with additional services such as cleaning, drying and repair of damaged structural areas. The franchise offers a comprehensive training program to help develop your skills in the areas of customer service, sales strategy, marketing techniques for social media platforms like Facebook and Instagram.
Franchise Opportunity
When a disaster strikes, you want to be prepared. You need the right tools and equipment on hand to ensure that your home or business is safe again as quickly as possible. But what if you don't have the space for all of these tools? That's why we created Restoration 1! We've done all of the research so that you can get back to normal in no time at all. All of our products are easy-to-use, affordable and backed by a lifetime guarantee. Buy now and we'll ship it out today! Our mission is to help people like you recover from disasters faster than ever before - so shop with us today, knowing that everything has already been taken care of for you!
Corporate Structure
Restoration 1 Franchise Holding, LLC. was formed in Florida on August 26, 2009 to offer Restoration 1 franchises. Their principal business address is 110 East Broward Boulevard, Suite 1700, Fort Lauderdale, Florida 33301.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Maintenance Services Industry

$757,439 / unit

Franchise Type: Standard

Average Revenue During 2021

$757,439
$63,233
Industry Low
$3,925,854
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Restoration 1 Franchisees

Restoration 1 Franchise System Development in 2022

FAQ

How much investment do I need to start my own Restoration 1 business?
Franchisees typically require at least $94 to $226 investment to get their Restoration 1 business started
What are the initial franchise fees for Restoration 1?
Franchisees typically need to pay at least $60 in fees directly to Restoration 1 in order to earn the right to launch their business
How much money can I make with a Restoration 1 franchise? What are the average revenues for a typical Restoration 1 business?
We estimate that the average revenue of an individual Restoration 1 unit is approximately $757,439. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Restoration 1 unit? What is my contractual commitment?
Restoration 1 franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $94,600 to $226,125 which is Much Higher than the $0 to $0 average in the Maintenance Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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