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Below is an in-depth analysis and side-by-side comparison of Ready Decks vs Restoration 1 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $144,000 - $213,000 | $84,500 - $193,125 |
Franchise Fee | $29,000 | $54,900 - $59,275 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | 1% - 2% |
Year Founded | 2001 | 2008 |
Year Franchised | 2005 | 2009 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $14500 | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/Yes |
Start-up Costs | No/Yes | Yes/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | On-The-Job Training: 24 hours Classroom Training: 56 hours |
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 | - | Ad Templates National Media Social media SEO Website development Loyalty program/app |
Operations | * Franchise can be run from home * Number of employees needed to run franchised unit: 2 * Absentee ownership of franchise is NOT allowed. | Number of Employees Required to Run: 4 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Ready Decks has developed an innovative approach to one
of the largest segments of the home improvement market - home
decking. The tools, construction process and equipment
invented by Ready Decks, when used by trained, professional
teams of installers, enable most projects to be completed in a single
day. Other traditional contractors and builders may take much longer. Relatively low start-up costs is just one key ingredient that makes Ready Decks an excellent franchise concept and opportunity.
Starting any new business is a big decision. Choosing a path such as a water restoration franchise with Restoration1 can take a lot of stress and uncertainty from the process. With a solid and established strategy of success - Restoration1 can help you get our business up and running quickly and efficiently and help you turn a profit faster.
Of course there isn't room for a water damage and restoration company in every block. For this reason we are only able to offer franchise opportunities to areas where we are not already served by other franchisees. Contact us today to find out if there are restoration franchise opportunities available in your area.