Paul Davis Restoration Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Homeowners and business owners would need regular maintenance of their residential and commercial properties. And when it comes to a company that offers cleanup and repair services, Paul Davis Restoration is a top choice. Learn the actual Paul Davis Restoration franchise cost and its other training requirements and obligations.
See Also: Zoom Sewer and Drain Cleaning Franchise In USA
Table of Contents
Paul Davis Restoration Franchise Wiki
Paul Davis Restoration boasts of a 50-year of experience in residential and commercial cleanup and repair services. The company was founded in 1966 and rapidly grew and expanded all over Canada and the United States.
To date, the business has over 300 franchises in both Canada and the United States. The company headquarters is situated in Jacksonville, Florida. Paul Davis Restoration takes pride in their company culture, prioritizing their customers and beloved properties first from start to finish.
The company is known for its innovative processes for the maintenance of residential and commercial buildings. Whether the damage is from fire, water, storms, mold, or other factors, Paul Davis Restoration ensures that they offer a stellar job.
See Also: Wireless Zone Franchise In USA
The franchisor is Paul Davis Restoration, Inc., its parent company FirstService Corporation is also one of the leading companies in the property services sector.
The franchising began in 1970. Since then, Paul Davis Restoration is deemed the name to call by general partners and insurance restoration companies.
Paul Davis 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.
See Also: Arthur Murray Dance Studio Franchise In USA
Paul Davis Restoration Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
Paul Davis Restoration Franchise Cost
| Name of Fee | Low | High |
|---|---|---|
| Franchise Fee* | $50,000 | $130,000 |
| Real Property and Improvements | $1,800 | $4,600 |
| Marketing and Advertising | $12,000 | $60,000 |
| Equipment, Computer, Fax Copier | $8,000 | $20,000 |
| Computer Software Licensing | $7,000 | $12,000 |
| Office Furniture | $2,000 | $5,000 |
| Branded or Complaint Vehicle | $5,000 | $93,000 |
| Equipment & Chemical Package (Start-Up Kit) | $5,000 | $40,000 |
| Travel and Living Expenses While Training | $3,500 | $6,500 |
| Insurance | $7,500 | $14,000 |
| Licensing | Varies | |
| Phone Installation and Utility Deposits | $1,000 | $2,000 |
| Rent Deposit | $1,000 | $2,000 |
| CPA Fees – Initial Work | $400 | $1,200 |
| Legal Fees – Incorporation | $500 | $1,500 |
| Additional Funds – First 3 Months | $81,690 | $118,900 |
| ESTIMATED TOTAL | $186,390 | $510,700 |
Paul Davis Restoration Franchise Training Details
See Also: TGA Premier Tennis Franchise In USA
Here are some of the training requirements from the franchisor:
- All new and existing franchises must attend the mandatory initial training program, regardless of the territory’s population size
- The franchisor requires the franchisee to complete the classroom training before operating the franchise. This must be according to the franchisor’s satisfaction.
- Franchisees must also achieve an on-site field training completion
- Meanwhile, franchisees must attend some classroom training programs, which the franchisor conducts online
- A designated accountant must also undergo on-site or virtual job cost accountant training, which the franchisor facilitates and conducts before and after franchise operations
- The franchisor conducts classroom training at the headquarters in Jacksonville, Florida. However, the franchisor may select another training facility if necessary
- The franchisees don’t have to go through recertification training. However, the franchisor may require franchisees a recertification training program with a 60-day notice.
See Also: Tutor Doctor Franchise In USA
Paul Davis Restoration Franchise Territory
Here are the franchise territory details and requirements:
- The Franchise Agreement stipulates the required franchise territory
- The franchisor doesn’t grant exclusive territory to franchisees. However, the main office must be within the franchise territory mandated in the Franchise Agreement
- The Franchise Agreement doesn’t require a minimum territory size. However, the territory must comply with the required population density, geographical location, and other details.
- Franchisees and the PDRI must determine the franchise territory size before they sign the contract.
Paul Davis Restoration Franchise Obligations and Conditions
See Also: Anago Cleaning Systems Franchise In USA
Franchisees must comply with these franchise obligations and conditions:
- The franchise owner or representative approved by the PDRI must conduct the franchise operations
- The delegated representative must complete the training program, and manage the store full-time
- Franchisees must not establish another franchise from a competitor. Plus, they must maintain confidentiality of the franchise’s trade secrets.
- The franchisees must only offer and sell products or services stipulated in the Franchise Agreement
- The franchisees must provide all the services mentioned in the Franchise Agreement. In terms of new services, the franchisees must also offer them.
Paul Davis Restoration Franchise Term and Renewal
The franchisor may offer franchisees a five-year franchise term. They can renew for another five years if they meet the requirements.
See Also: Patrice & Associates Franchise In USA
Paul Davis Restoration Franchise Requirements
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.
Paul Davis 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.
See Also: F45 Training Franchise In USA
How to Apply For Paul Davis 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.
Paul Davis Restoration Franchise Contact details
Website
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.
See Also: Syska LED Distributorship In India
What is The Difference Between Franchisor vs. Franchisee
Click Here to know about it.
What Is The Difference Between Franchise Vs. Sole Proprietorship
Click Here to know about it.
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.
If you need any help from our team then please fill the contact form our team will contact you soon. And if you like this post then please share this post.
One Comment
Pingback: