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Below is an in-depth analysis and side-by-side comparison of Paul Davis Restoration vs Restoration 1 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $186,390 - $510,700 | $84,500 - $193,125 |
Franchise Fee | $100,000 - $130,000 | $54,900 - $59,275 |
Royalty Fee | 4% | 7% |
Advertising Fee | $125/mo. | 1% - 2% |
Year Founded | 1966 | 2008 |
Year Franchised | 1970 | 2009 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | Yes/Yes |
Start-up Costs | No/Yes | Yes/Yes |
Equipment | No/No | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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: 24 hours Classroom Training: 56 hours |
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 Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing | Ad Templates National Media Social media SEO Website development Loyalty program/app |
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)
| Number of Employees Required to Run: 4 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | No | Yes |
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.