Rainbow Restoration

a Neighborly company

Ready to restore lives and properties? Join Rainbow International Restoration, a franchise that empowers you to make a difference in your community while providing unmatched support and growth opportunities for franchisees. With close to 40 years of experience, Rainbow International Restoration is one of the best-known and most respected names in the business.

Categories: Maintenance & Repair, Restoration

Concept Description

At Rainbow, our focus is on helping our franchisees meet and exceed their financial, professional, and personal goals. As part of the Neighborly community of home service brands, our expertise lies in providing exactly the right tools, support, and environment to turn those goals and dreams into a reality.

Rainbow International Restoration was established in 1981 – that’s almost 40 years of expertise in the business. We deliver well-established restoration procedures based on a results-driven business model designed to build sustainable profit.

Our franchise offers various disaster restoration services, such as:

  • Mold removal
  • Cleanup services
  • Water damage restoration
  • Smoke and fire damage restoration

When you start a business with Rainbow International Restoration, you’ll discover the stability of being backed by a national organization, while realizing your dreams of being an independent business owner.

Necessity Drives Business

Water damage is the second-most common insurance claim in the country, but it’s not usually the weather that causes it. Much more often, water damage comes from common, everyday occurrences.

  1. Plumbing failure
  2. Washing machine leaks
  3. Bursting water pipes
  4. Aging water heaters
  5. Inclement weather

Unit Option

Single

Background

FDD Franchised Units: 330

Corporate Owned Units: 0

Projected New Units: 49

Year Established: 1981

First Year Franchised: 1981

Type of Business: Franchise

Hours of Operation: 24 / 7 / 365

Number of Employees: Small (1-5)

History:

Launched in 1981, Rainbow International is proud to be Brand One of the franchises under the Neighborly (formerly The Dwyer Group) umbrella. Neighborly is the holding company of 13 home service franchise brands in the North America.

Rainbow’s franchise growth has been strategic from the start. We never set out to be the biggest restoration company in the country, we set out to be the best. Part of that promise is allowing our franchise owners to claim exclusive, protected territories.

On the flipside, we are big enough to have established relationships with big-name insurance
companies. Franchise owners are welcomed into the Rainbow referral network, enjoying national accounts that are built right in. In Rainbow’s nearly 40-year history, we’ve earned an irrefutable reputation for excellence. It stems from exclusive, in-depth training from industry icons in an unparalleled training facility.

Availability

var province = {"ab":"#c0ded8","bc":"#c0ded8","mb":"#c0ded8","nb":"#c0ded8","nl":"#c0ded8","nt":"#c0ded8","ns":"#c0ded8","nu":"#c0ded8","on":"#c0ded8","pe":"#c0ded8","qc":"#c0ded8","sk":"#c0ded8","yt":"#c0ded8"}; setTimeout( function() { jQuery( '#vmapcanada' ).vectorMap( { map : 'canada_en', backgroundColor: null, color : '#F8F7F4', enableZoom : false, showTooltip : true, selectedColor : null, hoverColor : null, colors : province, borderColor : '#deddd8', borderOpacity : 1, borderWidth : 1, onRegionClick : function ( event, code, region ) { event.preventDefault(); } } ); }, 2000 );

Not Available
Available
Focus

var states = {"al":"#30917F","ak":"#30917F","az":"#30917F","ar":"#30917F","ca":"#c0ded8","co":"#30917F","ct":"#c0ded8","de":"#30917F","dc":"#30917F","fl":"#c0ded8","ga":"#30917F","hi":"#c0ded8","id":"#30917F","il":"#c0ded8","in":"#30917F","ia":"#30917F","ks":"#30917F","ky":"#c0ded8","la":"#30917F","me":"#c0ded8","md":"#30917F","ma":"#30917F","mi":"#c0ded8","mn":"#c0ded8","ms":"#30917F","mo":"#30917F","mt":"#30917F","ne":"#c0ded8","nv":"#30917F","nh":"#30917F","nj":"#30917F","nm":"#30917F","ny":"#c0ded8","nc":"#30917F","nd":"#30917F","oh":"#30917F","ok":"#30917F","or":"#c0ded8","pa":"#30917F","ri":"#30917F","sc":"#c0ded8","sd":"#30917F","tn":"#30917F","tx":"#c0ded8","ut":"#c0ded8","vt":"#30917F","va":"#c0ded8","wv":"#30917F","wi":"#c0ded8","wy":"#30917F"}; setTimeout( function() { jQuery( '#vmapusa' ).vectorMap( { map : 'usa_en', backgroundColor: null, color : '#F8F7F4', enableZoom : false, showTooltip : true, selectedColor : null, hoverColor : null, borderColor : '#deddd8', borderOpacity : 1, borderWidth : 1, colors : states, onRegionClick : function ( event, code, region ) { event.preventDefault(); } } ); }, 2000 );

Not Available
Available
Focus

Territories: United States, Canada: Registered

Financials

Liquidity: $40,000

*Investment Range: $159,336 - $330,900

**Average Investment: $35,000 - $116,000
Provided by the Franchisor

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

6 Month Cash: $50,001

Franchise Fee: $40,000

Royalty: 3% to 8%

Royalty Description: 3% to 8% of Gross Sales except for “roll-in” sales and Reconstruction Services. In addition, minimum license fees apply

Advertising: Currently, 2% of your Gross Sales

National Advertising: 2% of Gross Sales due monthly

Ramp-Up: 4 to 6 months

Passive Ownership: Semi- passive after 1 year
Passive Ownership means the owner is working 15 hours or less per week in the business.

Available Discounts

  • Veterans

Discount Description: As a member of the International Franchise Association (“IFA”), we participate in the IFA’s VetFran Program. If you are a United States or Canadian honorably discharged veteran who meets our qualifications for purchasing a franchise, we will discount the Minimum Initial Franchise Fee ($40,000) by 15%.

Training, Support and Assistance

Co-Operative Advertising: N/A

Site Selection Assistance: Available

Lease Negotiation Assistance: N/A

Length of Training: Approximately 11-15 days

Training Description:

Training

We realize you have a business to run, and our comprehensive initial and ongoing training programs help you feel confident and comfortable as you begin your franchise ownership journey.  We set ourselves apart by offering continuous support and training in many areas, including:

Onboarding

  • Extensive Sure Start onboarding process including 6 – 8 weeks of systems and business training
  • A mix of self-paced and collaborative online learning
  • One week of classroom-style business training building on Sure Start
  • Individually tailored strategic budgeting, marketing, and operational planning

Ongoing Learning Opportunities

  • Numerous annual training opportunities
  • System-wide and regional meetings
  • All-day training events, weekly webinars, and more
  • Shadow successful owners and learn from their systems and procedures

Operational and Marketing Tools:

Operations & Technology

When you join Rainbow International, you join a supportive family of fellow business owners who can (and do) get into the trenches with you. Rainbow franchise owners are collaborators willing to help one another 24/7. Access to this extended network of like-minded individuals is an invaluable advantage to being part of a franchise system.

Marketing

Marketing is the engine that drives your business development program and, ultimately, your business success. Yet, today, effective prospecting requires finely-tuned traditional and digital marketing skills, which few small businesses have.

Our Rainbow Restoration robust marketing system is designed to promote your disaster restoration franchise to the broadest and most desirable audience by utilizing all the essential tools that you will need to establish a powerful presence in your territory. Those tools include:

  • Local website
  • CRM – Email campaigns
  • Local business marketing
  • Online advertising
  • Social media account management
  • Customer feedback
  • Client retention strategies

Awareness in Your Area

Rightly so, disaster relief is not something people think about very often. That’s why we continuously promote national awareness campaigns on your behalf so that when the need does arise, Rainbow International becomes top-of-mind. In combination with your local digital marketing efforts, Rainbow should also rise to the top of online searches.

Powerful Proprietary Technology

Our custom business management software simplifies your day-to-day administrative duties. It’s an all-in-one system for job estimates, tracking leads, assistance with leadership, workplace culture, and more.

ProTradeNet® Discounts

Gain access to our exclusive ProTradeNet® vendor system to receive discounts on all your business purchases and cash rebates on the dollars you spend each year. Neighborly-wide, our franchise owners have earned $4M in rebates from 200 suppliers!

A Part of the Neighborly® Family of Service Brands

Not only will you enjoy the extensive support and services provided by Rainbow Restoration with your franchise, but you will also become part of Neighborly, the world’s largest and fastest-growing family of home service brands with 29 home service brands and more than 4,800 franchises in nine countries.

As a part of Neighborly, Rainbow Restoration franchise owners may gain exposure and leads via customers of other Neighborly brand franchises in their community. We also offer cross-marketing promotions and campaigns to generate business for our Neighborly family of home service brands. This is just one more way Rainbow Restoration supports you.

Financing Assistance: Available

Interested in this Concept? Unlock it with the form below.

Presented By:

Brett Ethridge

Legacy Franchise Solutions, LLC

Avatar photo