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Updated RecentlyServpro vs 1-800-Water Damage Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Servpro vs 1-800-Water Damage including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $167,575 - $221,450 | $57,613 - $211,537 |
| Franchise Fee | $60,000 | $31,000 - $84,500 |
| Royalty Fee | 3-10% | 5%-10% |
| Advertising Fee | 3% | 2% |
| Year Founded | 1967 | 1988 |
| Year Franchised | 1969 | 2002 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/Yes | Yes/Yes |
| Start-up Costs | No/No | Yes/Yes |
| Equipment | Yes/Yes | Yes/Yes |
| Inventory | Yes/Yes | Yes/- |
| Receivables | No/No | Yes/- |
| Payroll | No/No | Yes/- |
Training & Support |
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| Training | Business development program | On-The-Job Training: 30 hours Classroom Training: 150 hours Additional Training: Training videos, webinars, seminars |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations |
Franchise can be run from home. 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 10
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | No |
| International Expansion | No | Yes |
Company Overviews
About Servpro
The experts have weighed in. From the Wall Street Journal to Entrepreneur Magazine, SERVPRO is repeatedly honored as a premier franchisor in the cleanup and restoration industry. You'll learn why when you listen to our Franchise Owners talk about their experience! SERVPRO equips its Franchise Owners to lead and manage a solid business operation.
Founded in 1967 by Ted and Doris Isaacson, Servpro Industries, Inc. is now the nation's leading disaster restoration and cleaning franchise system with over 1,300 franchisees in 49 states.
SERVPRO has created the brand, system and support to help people take control of their own future and live the American Dream.
SERVPRO Franchise Professionals are uniquely qualified to keep claims costs down while still providing the best services possible for your customers.
SERVPRO's professional services network, which has relationships with major insurance companies, responds to property damage emergencies ranging from multi-million dollar disasters affecting entire communities to those suffered by individual businesses and homeowners.
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#27 in Franchise 500 for 2020.
#10 in Franchise 500 for 2021.
About 1-800-Water Damage
1-800 WATER DAMAGE is a low overhead, recession proof, and simple to
operate water damage restoration franchise. 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. This and other factors make this a truly recession resistant
business, which is certainly an important consideration when choosing your
new business in today's economy!
No Experience, No Problem
Previous industry or related experience is not required. Our best franchise
partners come from a variety of diverse backgrounds. Franchise partners
receive personalized training and hands-on experience in each skill area of
their business--marketing, administration, and technical. Our operations
manual, active coaching programs, and growing database archive of support
webinars on various topics keep you on track and focused.
1-800 WATER DAMAGE Franchise Highlights
* $5 Billion Recession Resistant Industry
* LARGE Exclusive Territories
* 1-800 WATER DAMAGE Branded Phone Number & Web Site
* 24 Hour Technical Support
* Low Investment Requirements
* Third Party Financing & Leasing Programs
* Median Price per Job $3,000
* Few Employees to Manage
* Unique B2B Marketing Program
Learn more about the 1-800 WATER DAMAGE franchise opportunity by tuning into
our weekly webinar!
The total investment necessary to begin operation of a 1-800 WATER
DAMAGE Business in a single Territory ranges from $70,822 to $211,537.
This includes $31,000 to $123,500 that must be paid to the franchisor or
its affiliates..
The total investment necessary to begin the operation
of a conversion 1-800 WATER DAMAGE Business is $57,613 to $175,637. This
includes $31,000 to $88,500 that must be paid to the franchisor or its
affiliates.
Veteran Incentives $7,900 off franchise fee
#130 in Franchise 500 for 2020.
#196 in Franchise 500 for 2021.