1-800 Water Damage

a Belfor company

1-800 WATER DAMAGE is a top restoration franchise offering a highly scalable business model with great profit potential

Categories: Business Services, Home Improvement, Maintenance & Repair, Restoration

Concept Description

1-800-WATER DAMAGE™ is a low overhead, recession resistant, and simple to operate restoration franchise with a focus on the high margin segments of water damage and mold. When water damage occurs, we use modern technology and equipment to dry customers’ homes or businesses in just a matter of days. The majority of jobs we perform are emergency service and most often are paid for by the insurance industry. Insurance companies prefer to professionally dry out a water damage related mess and avoid future mold mitigation, then to deal with expensive rip out or a job poorly done.  And, when water/moisture isn’t dealt with in a timely manner, then we do mold remediation to save the day.

When Do People Call 1-800 WATER DAMAGE? 

1-800 WATER DAMAGE is the number to call whenever a house, apartment complex, condo, hotel or office building has any type of wet mess.  All sorts of every day problems create a water damage emergency—frozen or broken pipes spew water everywhere; washer or dish washer pumps water to the wrong place; water heater breaks; water supply lines to refrigerator or other appliances fail; toilet overflows; septic tank back fills; ceiling sprinkler system activates; water floods in from an outside source; and countless other incidents where the number to call is 1-800 WATER DAMAGE.  In fact, a huge proportion of insurance claims involve water damage!

Unit Option

Single, Multiple

Background

FDD Franchised Units: 160

Corporate Owned Units: 0

Projected New Units: 20

Year Established: 2002

First Year Franchised: 2002

Type of Business: Franchise

Hours of Operation: 24 / 7 / 365

Number of Employees: Small (1-5)

Availability

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Not Available
Available
Focus

Territories: United States

Financials

Liquidity: $100,000

*Investment Range: $142,903 - $312,398

Minimum Net Worth: $250,001, to $500,000

Franchise Fee: $59,000

Royalty: 10-7%

Royalty Description: 7-10% of Gross Sales (sliding scale by volume)

Advertising: None required (3%+ of Gross Sales recommended, not mandatory)

National Advertising: 2% of Gross Sales

Ramp-Up: 4 to 6 months

Passive Ownership: Semi- passive at onset (they can hire a manager to run business)
Passive Ownership means the owner is working 15 hours or less per week in the business.

Passive Ownership Explain: Not in the first few years, once matured.

Available Discounts

  • Veterans
  • First Responders

Discount Description: The Initial Fee shall be subject to a 20% discount for veterans of the U.S. Armed Forces; and $2,500 off the IFF for first responders.

Training, Support and Assistance

Co-Operative Advertising: N/A

Site Selection Assistance: Available

Lease Negotiation Assistance: N/A

Length of Training: 2 Weeks

Training Description:

Our world-class training program focuses on both the business and technical sides of running a property restoration business so you can rest assured knowing we’ll equip you with an array of tools and resources to help you succeed.

Our state-of-the-art flood house is second to none and plays a central role in our training process, allowing you and your team to gain invaluable hands-on experience while learning from the absolute best instructors in the restoration industry. In addition to our robust initial training, we also provide ongoing monthly training for IICRC, WRT, ASD, and other key certifications, along with an online training platform that you and your team can access to continuously build and refine your expertise. Even without prior industry experience, we promise you’ll complete our new business training equipped with confidence and the skills needed to deliver exceptional property restoration services in your community.

Operational and Marketing Tools:

Our extensive library of marketing assets and resources includes professionally designed print materials, local website management, tools for online reputation management, digital marketing packages, and more. We also have a sales team working in the field to connect you with referral partners and help solidify regional and national accounts.

Financing Assistance: Available

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Presented By:

Maria Rogers

FranMent

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