6/10

Franchimp Summary Rating

5 /10
Higher than 53% of peers

Franchise Summary

Description
The franchisee will operate a Rytech water damage restoration, applied structural drying, mold remediation, and restorative drying services business and provide ancillary products and services.
Company Background
Rytech is a franchise opportunity that provides water damage restoration, insurance restoration, applied structural drying, mold remediation and restorative drying services. The company's future offerings may include residential insurance restoration and general contracting (structural repairs of damage caused by fire, water, wind or hail).
Franchise Opportunity
Water damage can be devastating to your home, business or vehicle. It can also occur without warning and cause significant damage in a short amount of time. One leaky pipe or burst water main could quickly leave you with thousands of dollars worth of damages and repairs. If you've experienced any type of water damage, the first thing that comes to mind is how expensive it will be to repair everything -- but it doesn't have to cost an arm and a leg! With Rytech Restoration Services, we offer affordable solutions for all types of water-damaged property from residential homes and apartments to commercial buildings such as offices, restaurants/bars/clubs/hotels, warehouses and more. We specialize in flood restoration services for properties that are damaged by storms or natural disasters (i.e., hurricanes). Our technicians use advanced equipment including dehumidifiers, blowers, air movers and HEPA vacuums along with specialized drying agents designed
Corporate Structure
We are a Georgia corporation, incorporated on November 25, 1996. The principal business and mailing address of the Company is 1690 Roberts Blvd. NW Suite 120 Kennesaw, Georgia 30144. The telephone number is (770) 977 8787 and the FAX number is (770) 977 0133. The Company's agent for service of process is disclosed in Exhibit B.
Royalties and Marketing Fees

Royalties : 8% of Gross Revenues, or a minimum royalty of $2,000 per month

Royalties : 1% of Gross Revenues. May be increased to a maximum of 2% of Gross Revenues

Royalties : $1,000 or 4% of Gross Revenue

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 & Repairs Industry

$696,731 / unit

Franchise Type: Standard

Average Revenue During 2022

$696,731
$120,598
Industry Low
$715,448
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Rytech Franchisees

Rytech Franchise System Development in 2024

FAQ

How much investment do I need to start my own Rytech business?
Franchisees typically require at least $166,500 to $258,100 investment to get their Rytech business started
What are the initial franchise fees for Rytech?
Franchisees typically need to pay at least $60,000 in fees directly to Rytech in order to earn the right to launch their business
How much money can I make with a Rytech franchise? What are the average revenues for a typical Rytech business?
We estimate that the average revenue of an individual Rytech unit is approximately $696,731. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Rytech unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

5 /10
The Franchisor's investment costs ranges from $166,500 to $258,100 which is Much Higher than the $0 to $0 average in the Maintenance & Repairs 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

Franchises in the Same Industry

Popular Franchises

Is this your Franchise?

Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today

CLAIM THIS FRANCHISE