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1-800-Water Damage

Restoration services

Background

Founded: 1988 Franchising since: 2002
1167 Mercer St.
Seattle, Washington 98109
Phone:
(206)381-3047


Franchisor is a privately-held company with 10 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 53 0 0 0
2008 -- -- -- --
2007 36 0 0 0
2006 27 0 0 0
2005 76 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 250,000-1 million Yellow Pages distribution

Costs and Fees

Total investment: $80K/185K
Franchise fee: $30K/60K
Ongoing royalty fee: 9-10%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No Yes

Qualifications
Net worth requirement: $80K/200K
Cash liquidity requirement: $50K

Operations
  • Franchise can be run from home
  • 50% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • Follow-up training; training videos & seminars

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Purchasing cooperatives

Marketing Support
  • Ad slicks

Rankings

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