3/10

Franchimp Summary Rating

3 /10
Investment Accessibility
Higher than 77% of peers

Franchise Summary

Description
The franchised business being offered is RAINBOW RESTORATION® to perform all work associated with mitigation, restoration, reconstruction, mold remediation, water, fire, smoke, odor clean-up, and cleaning services for residential and commercial customers.
Corporate Structure
The franchisor is Rainbow International SPV LLC, a Delaware limited liability company. It began offering franchises in 1981 and is a wholly-owned subsidiary of Neighborly Assetco LLC, located at 1010 North University Parks Drive, Waco, Texas 76707.

Franchise Types Available

# Type Investment Fees

Distribution of Rainbow Restoration Franchisees

Rainbow Restoration Franchise System Development in 2024

FAQ

How much investment do I need to start my own Rainbow Restoration business?
Franchisees typically require at least $159,336 to $330,900 investment to get their Rainbow Restoration business started
What are the initial franchise fees for Rainbow Restoration?
Franchisees typically need to pay at least $40,250 in fees directly to Rainbow Restoration in order to earn the right to launch their business
How much money can I make with a Rainbow Restoration franchise? What are the average revenues for a typical Rainbow Restoration business?
We haven’t done the math on how much revenue a typical Rainbow Restoration brings in each year. We estimate that other franchisees in the Home Services industry generate $1,131,885 revenue, so we would expect Rainbow Restoration to generate a similar amount
How long do I need to commit to running a Rainbow Restoration unit? What is my contractual commitment?
Rainbow Restoration 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

3 /10
The Franchisor's investment costs ranges from $159,336 to $330,900 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

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