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Paul Davis Restoration Inc.

Insurance restoration services

Background

Founded: 1966 Franchising since: 1970
1 Independent Dr., #2300
Jacksonville, Florida 32202
Phone:
(904)737-2779

Franchisee Association
Franchise Owners Association

Franchisor is a publicly-held company with 30 employee(s); 30 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 217 0 0 0
2008 -- -- -- --
2007 -- -- -- --
2006 217 0 0 0
2005 220 0 0 0

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

Exclusive territories available.
Territory size: 250,000-300,000 average population

Costs and Fees

Total investment: $200K-300K
Franchise fee: $55K
Ongoing royalty fee: 3.5%
Term of agreement: 5 years, renewable


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

Qualifications
Net worth requirement: $350K
Cash liquidity requirement: $150K-250K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • 10% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2 - 20
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 weeks
  • At franchisee's location: 2 weeks
  • Follow-up training at 6-month anniversary : 3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#349 (2007);


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