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Updated RecentlyRestoration 1 vs Floods4Less Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Restoration 1 vs Floods4Less including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $84,500 - $193,125 | $155,111 - $238,210 |
| Franchise Fee | $54,900 - $59,275 | $28,500 |
| Royalty Fee | 7% | 8.5% |
| Advertising Fee | 1% - 2% | $200.00 per week or 3.5% |
| Year Founded | 2008 | - |
| Year Franchised | 2009 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | *A strong work ethic and desire to succeed *Excellent customer service skills *Sales experience *Financial requirements to launch and sustain the business *Hold, or be able to obtain, the necessary contractor's license |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/Yes | -/- |
| Start-up Costs | Yes/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 24 hours Classroom Training: 56 hours | We will provide the training you need to be successful in every aspect of running your Floods4Less business. |
| 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 | Once you are operational, you can rely on on-site and remote support, plus ongoing developments in new products, services and trends. |
| Marketing | Ad Templates National Media Social media SEO Website development Loyalty program/app | We will provide cost effective and targeted materials you need to get the Floods4Less name and brand in front of insurance companies, homeowners and other potential clients. Our name and reputation are yours to leverage as you endeavor to be included on the preferred vendor lists used by local insurance professionals and individual policy holders. |
| Operations | Number of Employees Required to Run: 4 | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Restoration 1
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.
Veteran Incentives $7,000 off franchise fee
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#167 in Franchise 500 for 2020.
#183 in Franchise 500 for 2021.
About Floods4Less
An extraordinary business opportunity
As a Floods4Less franchise owner, you will have the opportunity to participate in the multi-billion dollar disaster restoration industry. It is an industry that has proven to be recession-resistant with substantial upside potential for future growth.
Your all-inclusive franchise package will include:
*Comprehensive training.
*Personalized support.
*Exclusive business operating system technology:
*Our proprietary Floods4Less Hub Management System is a centralized online web-tool that records all leads and stores information on all phases of projects. Homeowners, insurance adjusters, property managers and facility managers may access it to expedite service, check on job status and more. It ensures the best possible service and facilitates your open communication with clients. Franchisees also have access to exclusive Floods4Less Hub Management System programs to help simplify marketing and prospecting activities.
*Increase your cash flow and watch your Floods4Less business grow through our intuitive Hub Management System.
*Stay in control of your financial information with the Hub Management System Accounting Package.
*Attract new clients and retain the ones you already serve with the Hub Management System Marketing and Communication services. Our marketing programs are integrated with our Hub Management System software for easy prospect tracking, increased conversion ratios, and higher marketing success rates.
*A proprietary operations manual: You will have access to this valuable operating tool, detailing established standards and procedures, with periodic updates, that help guide your efficient daily business operations, both when you launch your business and for the term of your franchise.
*A state-of-the-art call center: Our professionally-trained staff fields calls through a central toll-free number, gathers the sales lead information, and then appropriately routes calls to local franchisees.
*Assistance with site selection: We will provide guidelines for finding an appropriate warehouse and office, typically 2,000 square feet of space. We will work with your local real estate broker to negotiate the most advantages lease terms on your behalf.
*Vehicle guidelines: You will have our specifications for a branded van to accommodate the water extraction system, equipment and personnel.
*Marketing assistance.
Our name and reputation are yours to leverage as you endeavor to be included on the preferred vendor lists used by local insurance professionals and individual policy holders.
*Purchasing discounts: You will benefit from relationships to get unmatched prices on the best possible products and equipment for water extraction, drying and deodorizing, as well as rebuilding and restoring.
*Life, disability and health insurance for Franchisees: We will assist you to obtain the life, dental, disability and health insurance benefits you require.
*Performance and surety bonds: We will assist Franchisees to obtain the surety bonds needed to secure lucrative insurance and government contracts. This would include assistance to obtain a bond to satisfy your licensing requirements for the Contractors State License Board in your state.