3/10

Franchimp Summary Rating

3 /10
Higher than 71% of peers

Franchise Summary

Description
CORE Group Restoration Franchising specializes in restoration services such as water and fire damage repair, mold remediation, and offers extensive support to franchisees, including training and marketing assistance. With a focus on customer satisfaction and community involvement, the franchise provides a solid opportunity for individuals to enter a growing industry backed by a recognized brand.
Company Background
The CORE Group Restoration franchise provides disaster recovery and property damage restoration services to residential and commercial customers through the use of our CORE Business name. We offer multi-unit franchises for the right to open multiple CORE Businesses.
Franchise Opportunity
Disaster can strike at any time, leaving your home or business in ruins. When disaster hits, it's crucial to have a plan in place for how you will recover. CORE Group Restoration is here to help. We offer disaster recovery services that will help you get back on your feet quickly and efficiently. In addition, we offer multi-unit franchises so that you can open multiple CORE Businesses and get the support you need to rebuild quickly and effectively.
Corporate Structure
CORE Group Restoration Franchising, LLC is a Texas limited liability company that was formed on July 2, 2019. Their principal business address is 925 South Capital of Texas Highway, Suite 250B, Austin, TX. They began offering franchises for CORE Businesses in July 2019.

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

CORE Group Restoration Franchising Franchise System Development in 2020

FAQ

How much investment do I need to start my own CORE Group Restoration Franchising business?
Franchisees typically require at least $92 to $378 investment to get their CORE Group Restoration Franchising business started
What are the initial franchise fees for CORE Group Restoration Franchising?
Franchisees typically need to pay at least $62 in fees directly to CORE Group Restoration Franchising in order to earn the right to launch their business
How much money can I make with a CORE Group Restoration Franchising franchise? What are the average revenues for a typical CORE Group Restoration Franchising business?
We haven’t done the math on how much revenue a typical CORE Group Restoration Franchising brings in each year. We estimate that other franchisees in the Professional Services industry generate $1,131,885 revenue, so we would expect CORE Group Restoration Franchising to generate a similar amount
How long do I need to commit to running a CORE Group Restoration Franchising unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

3 /10
The Franchisor's investment costs ranges from $92,400 to $378,750 which is Much Higher than the $0 to $0 average in the Home Improvement & Remodeling 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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