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Updated RecentlyBio-One Inc. vs Best Options Restoration Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bio-One Inc. vs Best Options Restoration including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $85,545 - $133,545 | $83,000 - $120,000 |
| Franchise Fee | $35,000 | N/A |
| Royalty Fee | 7% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2008 | - |
| Year Franchised | 2011 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Our ideal candidate needs to have the drive to really want to succeed. They must have compassion for others and be willing to learn in a constant evolving industry. Someone that has worked for a restoration company or has a civil service background such as police, fire, EMT or paramedic. We also like people that might have a background in construction or with a contractor's license. Minimum 85K to invest. Lastly, they have to be willing to do this full time; no part time owners here. No experience necessary. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | 1 week at our training center(s) in Vegas or STL and Hometown training for 1 week On-The-Job Training: 20 hours Classroom Training: 40 hours | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Bio-One Inc.
Bio-One Inc. is the first and only successful crime & trauma scene clean-up franchise. Due to our knowledge of the industry, Bio-One Inc. is the leader in bio-recovery world wide. Bio-One's marketing campaigns are industry specific, innovative and have proven successful for years.
Veteran Incentives 10% off franchise fee
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About Best Options Restoration
When you consider the statistics, it becomes clear just how common and devastating damage to your home can be. According to DisasterSafety.org, National Fire Protection Association, and the Insurance Information Institute:
- 14,000 people in the US experience a water damage emergency at home or work each day
- 98% of basements in the US will suffer from some type of water damage during their lifetime
- The costs are just as staggering as the frequency. Water damage and mold cost the insurance industry $2.5 billion dollars per year
- The average cost of a home water damage insurance claim is $6,965
- 475,500 structure fires occur in the U.S. per year.
- Fires cause $7.9 billion in property damage per year.
- The United States experiences more tornadoes than any other country
- The average cost per claim for lighting damage is $7,571.9
- The estimated insured loss for hurricane damage is $2.9 billion