HomePros vs Restoration 1 Franchise Comparison

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

Start-Up Costs and Fees
 
HomePros Franchise
Restoration 1 Franchise
Investment $101,285 - $143,475$84,500 - $193,125
Franchise Fee $19,500$54,900 - $59,275
Royalty Fee 7%7%
Advertising Fee -1% - 2%
Year Founded 20012008
Year Franchised 20022009
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
HomePros Franchise
Restoration 1 Franchise
Experience
  • Industry experience
  • General business experience
  • Basic home repair skills
    		• -

    Financing Options
     
    HomePros Franchise
    Restoration 1 Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoYes/Yes
    Start-up Costs No/NoYes/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    HomePros Franchise
    Restoration 1 Franchise
    Training -On-The-Job Training: 24 hours Classroom Training: 56 hours
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluationsPurchasing 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 slicksAd Templates National Media Social media SEO Website development Loyalty program/app
    Operations Franchise can be run from home.

    28% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		Number of Employees Required to Run: 4

    Expansion Plans
     
    HomePros Franchise
    Restoration 1 Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About HomePros

    HomePros Corporation offers professional home improvement and repair services to the general public. HomePros specializes in small to medium sized construction projects and is engaged in the refurbishment of distressed residential real estate.

    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
    "Entrepreneur
    #167 in Franchise 500 for 2020.
    #183 in Franchise 500 for 2021.