Why Is Restoration 1 at the Forefront of the Restoration Boom?
The fastest-growing restoration franchise is going to be in demand
for years to come
While there will always be fads that will lure entrepreneurs, savvy entrepreneurs will continue to invest in the rapidly growing restoration industry. In recent years, the restoration industry has experienced explosive growth, rising to $210 billion annually, and that growth is unlikely to slow down anytime soon.
As the industry grows, Restoration 1 is the only brand that is capable of growing alongside it. While the industry is hyper-competitive, the majority of restoration brands are either sold out of territory or cannot grow fast enough to keep up with the enormous demand. Restoration 1 has prime territory available in markets from coast to coast, and after adding 150 locations in two years, it plans to have 300 locations open by the end of 2019.
“Restoration 1 is a powerful opportunity for entrepreneurs,” says Gary Findley, CEO of Restoration 1. “Our brand is quickly emerging as a nationally recognized leader, but our concept also requires no brick-and-mortar expenses and zero inventory. The potential for high-volume growth continues, no matter the economic climate. It’s a powerful opportunity for entrepreneurs who want a business they can scale quickly and the support of a franchise system that can give them the tools to be successful over the long term.”
Why is the restoration industry experiencing explosive growth?
There are myriad reasons the restoration boom is expected to continue well into the future. Fueled by climate change, storms that cause record-breaking damage every hurricane season are only expected to get worse in the coming years. According to NASA, climate change may not be responsible for the “skyrocketing cost of natural disasters, but it is very likely that it will impact future catastrophes.” After last year’s tragic hurricane season, where three storms caused billions of dollars of damage in Texas, Florida and Puerto Rico, NASA warns that this could become the new normal
“The one way in which global warming could impact hurricanes is by making them more intense,” NASA reports. “More heat and water in the atmosphere and warmer sea surface temperatures could provide more fuel to increase the wind speeds of tropical storms.”
Another reason the restoration industry is growing is the susceptibility of properties to mold growth hastened by recent and contemporary building practices. According to AER Industries, one of the leading suppliers to the restoration industry, mold growth is becoming prominent because “new and energy-efficient homes … restrict airflow. Second, we are more aware of mold in homes today than in years past.”
Water damage also touches millions of home and property owners every year. According to Water Damage Defense, 14,000 people experience water damage in their homes or at their places of work every day, and 37% of American homeowners have filed claims for water damage.
Become a meaningful member of your community by franchising
with Restoration 1
With so many home and property owners vulnerable to home and property damage, Restoration 1 is far more than an opportunity to succeed in business — it is an opportunity to make a real difference in your community.
For Bryan Ligman, owner of a Restoration 1 franchise in Georgia, he decided to open his new business because he wanted to help those in his community who need him the most.
“Our desire to open a business wasn’t all about the money; it was about helping people,” Ligman says. “A Restoration 1 business can have a huge effect on people when they are picking up the pieces of their lives after a disaster. Of all the opportunities we looked at and businesses we considered, this one had the most impact on others.”