Franchise Database (Updated ) | FranChimp

Prism Specialties

Company Information

12001 Levan Road Livonia, Michigan 48150

[email protected]

We franchise the right to operate a franchised business offering the following Service Lines under the proprietary marks we designate (each a 'Franchised Business'): (A) 'Art Approved Services' or 'Art Services' refers to the offering for sale services and related products for the recovery, repair and restoration of artwork and collectables, including paintings, frames, works on paper, photographs, sculptures, murals, mosaics, decorative arts, and other similar collectables for both residential and commercial consumers using state-of-the-art fire and disaster recovery technologies; and/or (B) 'Electronic Approved Services' or 'Electronic Services' refers to the offering for sale services and related products for the recovery, repair and restoration of electronic equipment and data for both residential and commercial consumers using state-of-the-art fire and disaster recovery technologies; and/or (C) 'Textile Approved Services' or 'Textile Services' refers to the offering for sale services and related products for the recovery, repair and restoration of fabric, clothing and textiles using stateof-the-art fire and disaster recovery technologies; and/or (D) 'Document Approved Services' or 'Document Services', refers to the offering for sale services and related products for the recovery, repair and restoration of documents using state-of-the-art fire and disaster recovery technologies. Collectively 'Art Approved Services', 'Electronic Approved Services', 'Textile Approved Services' and referred to as 'Primary Service Lines'. Together the 'Primary Service Lines' and 'Document Approved Services' are referred to as the 'Approved Service Lines'.

Not Available

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

6/10

Earning Transparency

7/10

Investment Accessibility

5/10

Summary of potential earnings

Average Revenue Per Unit

$402,905 / unit

Average Revenue During 2020
Franchise Type:

Damage Restoration Services

$338,657

Industry Low

$1,374,505

Industry High

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $80,185 Maximum: $130,820

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $149,999 Maximum: $227,781

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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