Paul Davis Restoration vs COIT Services Franchise Comparison

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

Start-Up Costs and Fees
 
Paul Davis Restoration Franchise
COIT Services Franchise
Investment $186,390 - $510,700$34,248 - $197,345
Franchise Fee $100,000 - $130,000$24,000 - $40,000
Royalty Fee 4%6%
Advertising Fee $125/mo.-
Year Founded 19661950
Year Franchised 19701962
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Paul Davis Restoration Franchise
COIT Services Franchise
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.

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Financing Options
 
Paul Davis Restoration Franchise
COIT Services Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/No-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Paul Davis Restoration Franchise
COIT Services Franchise
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

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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

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Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing-
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. Absentee ownership of franchise is NOT allowed..

Expansion Plans
 
Paul Davis Restoration Franchise
COIT Services Franchise
US Expansion Yes-
Canada Expansion Yes-
International Expansion No-

Company Overviews

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.

About COIT Services

We are driven to help business leaders like you enjoy the freedom and independence that comes from building and leading your own business. COIT franchise business owners are backed by our 60+ years of experience in the specialty-cleaning & restoration business and a powerful franchise system that includes a highly recognizable brand image, compelling marketing campaigns, multiple revenue sources, plus an outstanding support system that helps our franchise business owners "hit the ground running". Our goal is to work with individuals who have a strong desire to lead their own company, enjoy marketing, operating and building a business, and are comfortable investing in and managing multiple employees. To learn more about COIT franchise ownership opportunities give us a call at 1-800-243-8797

The total investment necessary to begin operation of a COIT Core Services franchise is $51,858 to $197,345 for a new franchise; $34,248 to $134,995 for a conversion franchise; and $38,198 to $181,495 for a plant conversion franchise. These amounts include $24,799 to $74,995 (depending on the number of households in the territory) that must be paid to the franchisor or its affiliate(s).
The total additional investment necessary to offer Restoration Services is $31,525 to $48,725. This includes $8,500 that must be paid to the franchisor or its affiliate(s).
The total additional investment necessary to offer Stone Restore Services is $29.000 to $46,500. This includes $8,500 to $10,000 that must be paid to the franchisor or its affiliate(s).