Why is Restoration 1 Franchise Poised for Rapid National Growth?
The fastest-growing restoration franchise sets goal of 300 locations open
by the end of 2019
Restoration 1 is the fastest-growing restoration franchise in the nation. After growing by 150 locations in the span of two years, Restoration 1 plans to double the size of the brand by the end of 2019.
Since Gary Findley took the reins of the brand in 2016, Restoration 1 has quickly established itself as the rising star of the $210 billion restoration industry. Considering that the boom in the restoration industry isn’t going to slow anytime soon, and the majority of brands in the segment is either out of territory or cannot keep up with demand, Restoration 1 is poised to meet its ambitious goal of having 300 locations open by the end of next year.
“Our brand has enormous growth potential across the United States, and our ambitious growth goals reflect that potential,” says Kurt Hurley, Senior Vice President of Marketing with Restoration 1. “Under the leadership of Gary Findley, Restoration 1 has flourished. Gary’s principal goal is to help our franchisees thrive and prosper over the long term, and that is the only thing this executive team focuses on day in and day out. This is the real reason Restoration 1 has experienced such rapid growth, and it is why so many entrepreneurs are coming on board to join us.”
Restoration 1 is a proven business model designed for lasting success
and maximum profit potential
One of the core things that explains Restoration 1’s rapid ascent is our proven business model. It is designed to maximize profitability and long-term growth. According to our most recent Franchise Disclosure Document, Restoration 1 franchisees generate more than $500,000 in revenues during their first and second year in business, and that number climbs as our franchisees become more established in their businesses. By the time our franchisees reach 36 months in business and beyond, the average revenues go up to over $2 million annually.
This is by design. The Restoration 1 executive team focuses intensively on ongoing financial awareness training, providing business coaching and support to franchisees from the first moment that the franchise agreement is signed.
“We’re really big on financial awareness,” says Micah Findley, Chief Operating Officer of Restoration 1. “From the outset, we put together a pro forma business plan with our franchisees to establish long-term and short-term goals. We then meet with our franchisees on a monthly basis to refine their strategy and hold them accountable to their goals, but also to provide insight into how they can be more profitable. Our number one concern is for our franchisees to be successful and that their businesses continue to exceed their expectations from a financial standpoint. When you have happy franchisees, you have a successful franchise.”
This is exactly what Restoration 1 franchise owner Jeff Santana experienced when he joined our growing brand:
“I wanted to buy a business that would have positive cash flow very quickly, and this business is excellent for that,” says Santana, who owns two franchise territories in Jacksonville, Florida. “I looked at other brands before deciding to franchise with Restoration 1, but they were all out of territory or didn’t seem to have a solid enough business model. Restoration 1 is a great company; the executive team has integrity and they provide extensive training. This business ramps up extremely quickly, and with two franchise territories, my hands are entirely full at the moment.”
As more entrepreneurs discover that they can have their lives changed for the better by opening a Restoration 1 franchise in their community, Restoration 1 will meet explosive growth goals for years to come.