1-800-Water Damage vs Myhome Clean Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 1-800-Water Damage vs Myhome Clean including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
1-800-Water Damage Franchise
Myhome Clean Franchise
Investment $57,613 - $211,537$70,000
Franchise Fee $31,000 - $84,500$50,000
Royalty Fee 5%-10%-
Advertising Fee 2%-
Year Founded 1988-
Year Franchised 2002-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
1-800-Water Damage Franchise
Myhome Clean Franchise
Experience --

Financing Options
 
1-800-Water Damage Franchise
Myhome Clean Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/-
Start-up Costs Yes/Yes-/-
Equipment Yes/Yes-/-
Inventory Yes/--/-
Receivables Yes/--/-
Payroll Yes/--/-

Training & Support
 
1-800-Water Damage Franchise
Myhome Clean Franchise
Training On-The-Job Training: 30 hours Classroom Training: 150 hours Additional Training: Training videos, webinars, seminars -
Support 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing-
Operations Absentee Ownership Allowed Number of Employees Required to Run: 1-

Expansion Plans
 
1-800-Water Damage Franchise
Myhome Clean Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

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
"Entrepreneur
#130 in Franchise 500 for 2020.
#196 in Franchise 500 for 2021.




About Myhome Clean

Choosing the Right Franchise Partnership is Essential So you've decided to become your own boss, but how are you going to do this? Buying a franchise offers a less risky and more predictable outcome than becoming self-employed, which is why it is becoming increasingly popular.

Having a franchise partner with experience and expertise can make all the difference.

Our global operation has been developed and perfected over 30 years and serves thousands of customers.

Myhome Australia is a 100% Australian-owned, managed and run business. At the heart of the Myhome Franchise Programme is our pilot operation. Originally developed by Unilever in the UK, this has been used to create, test and develop all the operating systems necessary for a turnkey business.