Fibrenew vs Paul Davis Restoration Franchise Comparison

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

Start-Up Costs and Fees

 
Fibrenew Franchise
Paul Davis Restoration Franchise
Investment $87,812 - $99,452$186,390 - $510,700
Franchise Fee $47,000$100,000 - $130,000
Royalty Fee $695/mo.4%
Advertising Fee -$125/mo.
Year Founded 19851966
Year Franchised 19871970
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee --


Business Experience Requirements

 
Fibrenew Franchise
Paul Davis Restoration Franchise
Experience Fibrenew franchisees come from all walks of life. The diversity of backgrounds and past careers is widely varied, including: Engineer, Sales Executive, Teacher, Stock Broker, Military, Chemist, Printing Industry, Insurance, Manufacturing, Rocket Scientist, Painting, Mechanic, Truck Driver, IT / Networking, Accounting, Golf Pro, Pilot, Much more...
Even with this diversity, there are a few criteria that franchise owners must meet:
- Can not be color blind
- Enjoys working with their hands
- Confidence with relationship & networking sales
- Physically fit as lifting furniture may be required
- Is trainable and coach-able

Are you driven, success minded, and ready to start the next chapter of your life? You don't need to have experience with the restoration business to become a Paul Davis Restoration or Paul Davis Emergency Services business owner. What we look for in our franchisees is the desire to succeed. So, if you're patient, willing to work hard, learn, and collaborate with our team, you're an excellent fit for a Paul Davis business opportunity.


Financing Options

 
Fibrenew Franchise
Paul Davis Restoration Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/YesYes/Yes
Start-up Costs No/YesNo/Yes
Equipment No/YesNo/No
Inventory No/YesNo/Yes
Receivables No/YesNo/No
Payroll No/YesNo/No

Training & Support

 
Fibrenew Franchise
Paul Davis Restoration Franchise
Training You will be trained at our Calgary, AB training center. The 2 week training session is conducted by seasoned technicians who have all owned and operated their own Fibrenew Franchise. All told, our instructors have over over 50 years of combined knowledge. The training center is set up to facilitate hands-on instruction and practice of the many techniques our technicians use in the field everyday, including: * repair techniques * color identification * material identification * business operations * marketing and sales * communications On-The-Job Training: 12 weeks Classroom Training: 80+ hours

We take training seriously at Paul Davis. It's a bedrock principle of our company because our reputation is only as good as the education we provide our business owners. That's why we continually invest in our state-of-the-art training facility and our world-class trainers. Paul Davis business owners leave training prepared to own and operate their restoration businesses because our training is unparalleled. On-The-Job Training: 20 hours Classroom Training: 228 hours Additional Training: Follow-up training at 6-month anniversary

Support Fibrenew offers live training and meetings on a regular basis and requires all franchise owners to attend. Besides their educational value, these conventions, seminars and workshops offer everyone an opportunity to meet, network and share valuable business experiences. Our dedicated support staff provides our franchisees with expert field assistance, whether it be a question with a repair, color matching, products, business operations or administration. All support technicians are past or present franchisees who have 'walked a mile' as Fibrenew repair technicians and business owners. We are here to help by phone, live video feed, email and/or our online Technical Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform

We offer continuing education classes, franchisee mentoring programs, marketing support, and a field representative dedicated to your ongoing needs to ensure you're growing and evolving as a business owner and receiving all the tools you need to thrive. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations

Marketing Ad Templates Social media SEO Website development Email marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations Franchise can be run from home.

1% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

3% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2 - 20

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


Expansion Plans

 
Fibrenew Franchise
Paul Davis Restoration Franchise
US Expansion YesYes
Canada Expansion NoYes
International Expansion YesNo

Company Overviews

About Fibrenew

Our mission is to remain as the worldwide leader in leather, plastic and vinyl restoration and repair, while assisting our franchisees in achieving their personal and financial goals through owning and operating a thriving business.
Our vision is to provide our service, throughout the world with integrity, distinction, and enthusiasm.
Fibrenew continues to implement systems designed to improve every aspect of what we do, and how we do it. We are committed to providing advanced training, support and the opportunity of growth for every franchise owner.

Franchising Opportunities Available in USA, Canada, Australia, New Zealand & Mexico.

Veteran incentives: 10% off franchise fee



"Vet  ""   "Entrepreneur  

In Franchise Business Reviews Top 200.
#275 in Franchise 500 for 2020.
#350 in Franchise 500 for 2021.











About Paul Davis Restoration

Paul Davis is a rock-solid business opportunity - one where you'll receive top-notch training and support from a team that truly cares about your success. Begin a new chapter in your life with a Paul Davis Restoration or Paul Davis Emergency Services business, where collaboration, heritage, and training come together to create a profitable, scalable recovery and franchise opportunity with an impeccable reputation. With over 370 locations around the US and 50 years of experience, our business owners tackle the recovery process with sensitivity, efficiency, and expertise because they've received the best training in the business. Whether dealing with damage from fires, mold, water, storms, natural disasters, or other emergencies, Paul Davis business owners inspire confidence because they know their craft inside and out.
Paul Davis also offers business owners flexibility and scalability. With two levels of investment, Paul Davis Restoration and Paul Davis Emergency Services, franchisees can select an investment level that fits their unique business goals and lifestyle. It's also possible to grow and scale your business when the time is right for you and your family. Emergency restoration is a $71.3 Billion dollar industry. Invest in your future by investing in a Paul Davis Restoration business!
Minimum Capital Investment
Paul Davis Restoration = $200,000
Paul Davis Emergency Services = $100,000
Net Worth Requirement
Paul Davis Restoration = $300,000
Paul Davis Emergency Services = $100,000
Veteran Incentives  $10,000 off franchise fee
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#239 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.