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Updated RecentlyRestoration 1 vs HOCOA Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Restoration 1 vs HOCOA 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 | $101,000 - And Up |
| Franchise Fee | $54,900 - $59,275 | $25,900 |
| Royalty Fee | 7% | - |
| Advertising Fee | 1% - 2% | - |
| Year Founded | 2008 | 1994 |
| Year Franchised | 2009 | 1999 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- |
| 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 | - |
| 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 | Number of Employees Required to Run: 4 | - |
Expansion Plans |
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| US Expansion | Yes | 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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About HOCOA
The Hocoa Franchise Opportunity is perfect for an entrepreneur that wants financial independence without a storefront or inventory. We are a home repair network for homeowners and contractors. You will get complete training, operations manual, marketing plan, artwork and custom management software. HOCOA has been in operation since 1994. Our franchises span from the west to the east coast. Franchise cost includes: *Computer Software Package, custom designed for the operation of HOCOA: *Specified Territory *Marketing Plan *Computer Training Manual *Operations Manual *Artwork and use of Recognized Logo *Support Services *Training Seminar