|
Below is an in-depth analysis and side-by-side comparison of Paul Davis Restoration vs Surface Specialists including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $186,390 - $510,700 | $43,200 - $56,000 |
Franchise Fee | $100,000 - $130,000 | $36,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | $125/mo. | - |
Year Founded | 1966 | 1981 |
Year Franchised | 1970 | 1982 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | 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 |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | Yes/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/No | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | 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 | On-The-Job Training: 57-73 hours Classroom Training: 23 hours Follow-up training available at franchisee's location |
Support | 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing | Ad Templates Social media SEO Website development |
Operations |
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)
|
Franchise can be run from home. 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
|
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | Yes | Yes |
International Expansion | No | No |
Wayne McClosky established Surface Specialists in 1981, building up the establishment model in Colorado Springs, Colorado. To start with the family-claimed organization offered just insignificant repair administrations for plastic cover ledges and fiberglass and porcelain shower surfaces, however it soon extended to incorporate resurfacing administrations for marble sinks and vanity tops. It started diversifying in 1982 and is presently situated in Matthews, North Carolina.
Our establishments have been pioneers in the bath and kitchen repair industry for more than 30 years and speak to more than 80 bath makers the nation over for their guarantee repairs. What began as a business to repair blazes in ledges has extended throughout the years to end up distinctly one of the countries biggest establishments offering bath and kitchen repair and revamping. Surface Specialists establishments additionally offer a bigger number of choices and value focuses to clients than whatever other single reclamation establishment.