3 Reasons to Invest in a Restoration 1 Franchise in 2020
The award-winning restoration franchise is a best-bet investment for entrepreneurs seeking an easy-to-scale, high-margin business
As the new year approaches, entrepreneurs are seeking a business opportunity that offers high margins, a simple business model and robust training and support over the long-term to ensure longevity. Restoration 1, the fastest-growing restoration franchise in the nation, checks all of those boxes.
Couple with those reasons with the fact that investing in the award-winning franchise allows entrepreneurs to tap into the $210 billion restoration industry — and this figure is expected to grow even more in the coming years. Founded in 2008, Restoration 1 provides 24/7 water damage, fire damage restoration and mold remediation services to communities throughout the United States. As the leading name in property restoration services, our brand has more than 210 locations in 39 states, with plans to expand to more than 500 locations nationwide in the next three years.
A major contributing factor to the rapid growth of the restoration industry is the rising number of natural disasters resulting from climate change, including earthquakes, storms, floods and heat waves. Helping homeowners recover from these common problems is where Restoration 1 excels. Unlike other restoration businesses that “storm chase” hoping to benefit from people’s misfortunes, we are driven by our core values to conduct business ethically, and to always show compassion and empathy for the home and property owners who rely on us when the unexpected occurs.
Here are three reasons why you should invest in a Restoration 1 franchise in 2020:
- Restoration 1 is committed to helping franchisees thrive
Our franchise is successful because we treat the people we help like they are a member of our family. Our proven business model has helped several first-time entrepreneurs without any experience in the restoration industry achieve exponential results. Franchising with Restoration 1 means that you are never alone in business. From the moment the franchise agreement is signed, we provide our franchisees with everything they need to quickly ramp up their businesses and become established in their communities over the long term.
- Capitalize on a need, not want, business
Natural disasters are driving demand for property damage restoration professionals. In 2016, the Environmental Protection Agency reported that severe storms led to about $6 billion in property damage. This is truly a recession-resistant business. Our commitment to exceptional customer service in times of crisis is what truly sets us apart from our competition. With 24/7 availability, our more than 210 locations are ready when disaster strikes. Restoration 1 is more than able to tackle jobs of any size at any time. Our franchise owners are not only trained to treat their customers with empathy, but also perform expert work without too much disruption, and help their customers return to homes and properties that are safe to inhabit.
- Restoration 1 is a low-cost investment that’s easy to scale
Restoration 1 is a low-cost investment opportunity with potential for high returns, with the total investment estimate of beginning new restoration franchise operations ranging from $77,950 to $182,100. Our base franchise fee of $49,500 is much lower than the competition. Since we have zero overhead and no buildout costs or brick-and-mortar expenses, Restoration 1 is far more affordable than other franchise concepts in the home restoration industry.