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Rainbow Int'l. Restoration & Cleaning

Indoor restoration & cleaning

Background

Founded: 1981 Franchising since: 1981
Rainbow International specializes in indoor restoration and cleaning services, including carpet dyeing and cleaning, ceiling cleaning, upholstery and drapery cleaning, deodorization and comprehensive fire and water damage restoration and cleanup.

Rainbow International started franchising in 1981 and now has franchised units throughout the U.S. and internationally. The company is part of The Dwyer Group, an international franchise organization that also owns franchise companies Mr. Rooter, Mr. Electric, Mr. Appliance, Glass Doctor, Aire Serv and Dream Maker Bath & Kitchen Worldwide.

1020 N. University Parks Dr.
Waco, Texas 76707
Phone:
(800)280-9963


Franchisor is a publicly-held company with 110 employee(s); 30 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 186 6 6 0
2008 166 3 7 0
2007 167 7 7 0
2006 166 6 161 0
2005 171 7 150 0

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
Outside the U.S.: Western europe

Exclusive territories available.
Territory size: 100,000 population

Costs and Fees

Total investment: $104.9K-167.1K
Franchise fee: $22K+
Ongoing royalty fee: 4-7%
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 No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $25K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 1 - 3
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 14 days
  • At franchisee's location: 2 days
  • Regional training : 2-5 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

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

Rankings

Franchise 500® rank:
#376 (2008); #393 (2007); #451 (2006); #377 (2005);

America's Top Global Franchises:
#166 (2008); #159 (2007);


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