911 Restoration Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
The restoration industry continues to grow because of the need for constant repairs and remodeling. And restoration services have the potential to grow because of the growing demand by homeowners and businesses alike. That is to say, one of the franchises that have become a leading choice for many franchisees is 911 Restoration. But how much does a 911 Restoration franchise cost?
So, in this article, read about the 911 Restoration franchise. Moreover, learn how you can franchise one and what to expect.
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Table of Contents
911 Restoration Franchise Wiki
Before 911 Restoration was known as one of the U.S.’s largest restoration services, it was a carpet cleaning business then. Idan Shpizear and Peleg Lindenberg were two former employees of the company, but they took over and grew 911 Restoration ever since. They also offered more services such as water damage and fire cleanup as they became more recognized.
While the company started in 2003, it wasn’t until 2008 that the restoration company started franchising. To date, they have over 200+ units, including company-owned and outside of the US. Despite such growth, they face competition from ServPro, PuroClean, and 1-800 Water Damage.
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One other thing that makes 911 Restoration different from other services is the Fresh Start Philosophy. It contains ten philosophies that will guide the franchisee. Not only that, but they also have a program in line with the philosophy. Hence, this gives them an opportunity to do philanthropic activities.
So far, 911 Restoration is available for franchising in the Lower 48 states and Canada. Aside from their first and main location in California, 911 Restoration has locations in states such as:
- New York
- Colorado
- Florida
- Texas
- Georgia
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If you’re interested in starting a 911 Restoration franchise, you can click on this link to Get Started. But before we discuss the 911 restoration franchise cost, know what to expect when franchising one.
911 Restoration Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
911 Restoration Franchise Cost
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911 Restoration provides estimates depending if it’s an existing model, related-trade, or a startup. Firstly, the startup model franchise cost ranges from $51,600 to $94,700, plus the initial franchise fee. On the other hand, related-trade can run from $13,000 to $26,000, plus the initial franchise fee. Finally, for the existing restoration model it costs around $2,000 to $4,000 plus the initial franchise fee.
Since 911 Restoration is part of the VetFran, veterans who plan to franchise will get 15% off the initial franchise fee.
The initial franchise fee depends on the territory.
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The franchisor MAY offer to aid a franchisee in the initial 911 Restoration franchise fee. Other than that, the franchisor doesn’t typically offer loans, guarantees, and other financial aid.
Check out the tables below on the estimated 911 Restoration franchise cost.
Name of Fee | Low | High |
---|---|---|
Initial Franchise Fee | $29,000 | $49,000 |
Leaseholds Improvements | $0 | $5,000 |
Equipment, Furnishings and Fixtures | $25,000 | $50,000 |
Service Vehicle | $1,500 | $35,000 |
Signage | $1,000 | $3,000 |
Rent (3 months) | $0 | $4,500 |
Initial Inventory and Operating Supplies | $5,000 | $10,000 |
Security Deposits | $0 | $1,500 |
Insurance (3 months) | $0 | $2,700 |
Business Launch Fee | $1,500 | $1,500 |
Initial Training Fee | $2,500 | $2,500 |
Travel and Living Expenses While Training | $0 | $3,500 |
Computer System | $0 | $2,000 |
Permit/Licenses | $0 | $2,000 |
Professional Fees | $3,000 | $5,000 |
Additional Funds (3 to 6 months) | $0 | $50,000 |
Telephone | $100 | $200 |
ESTIMATED TOTAL* | $70,100 | $226,900 |
911 Restoration Franchise Training
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911 Restoration Franchise Inc. (the franchisor) conducts and requires training classes and provides resources for the franchisee. Therefore, the franchisees and their delegated managers or supervisors should be present for the two to four-week training in Van Nuys, California. According to the franchisor, they will cover training for:
- Water-damage
- Fire
- Mold
- Business development
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However, at the franchisor’s discretion, there might be additional training for the franchisee. Plus, the franchisor will also require franchisees to attend refresh training programs. Furthermore, there might be yearly meetings for training purposes, new product announcements, and other information.
911 Restoration Franchise Territory and Obligations
The franchisor will give an exclusive, single territory wherein the franchisee can only operate their location. Location size depends on the population and territory. However, for franchisees to get a protected territory, they need to fulfill their gross revenue requirement in the second and subsequent years as agreed on in the Franchise Agreement (FA).
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Franchisees should follow their obligations based on the FA. However, they’re not mandated to run the business full-time. Instead of managing the business full-time, franchisees can designate a manager that will operate the franchise daily. Not to mention, the franchisors expect the franchisees to follow system standards and regulations.
The franchisor will grant the franchisee an initial seven-year term. But if the franchisee wants to renew, they can do so, so long as they meet requirements. So, they will receive an additional seven-year term.
911 Restoration Franchise Requirements
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
911 Restoration Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
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How to Apply For 911 Restoration Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
911 Restoration Franchise Contact details
Website
https://www.911restoration.com/
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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