Paul Davis Restoration vs Floods4Less Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Paul Davis Restoration vs Floods4Less including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$186,390 - $510,700 | $155,111 - $238,210 |
Franchise Fee |
$100,000 - $130,000 | $28,500 |
Royalty Fee |
4% | 8.5% |
Advertising Fee |
$125/mo. | $200.00 per week or 3.5% |
Year Founded |
1966 | - |
Year Franchised |
1970 | - |
Term Of Agreement |
10 years | - |
Term Of Agreement |
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. | *A strong work ethic and desire to succeed
*Excellent customer service skills
*Sales experience
*Financial requirements to launch and sustain the business
*Hold, or be able to obtain, the necessary contractor's license |
Financing Options |
|
In-House/3rd Party | In-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 |
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
| We will provide the training you need to be successful in every aspect of running your Floods4Less business. |
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 | Once you are operational, you can rely on on-site and remote support, plus ongoing developments in new products, services and trends. |
Marketing |
Co-op Advertising
Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing | We will provide cost effective and targeted materials you need to get the Floods4Less name and brand in front of insurance companies, homeowners and other potential clients. Our name and reputation are yours to leverage as you endeavor to be included on the preferred vendor lists used by local insurance professionals and individual policy holders. |
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)
| - |
Expansion Plans |
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
#239 in Franchise 500 for 2021. Not in Franchise 500 for 2020.
About Floods4Less
An extraordinary business opportunity
As a Floods4Less franchise owner, you will have the opportunity to participate in the multi-billion dollar disaster restoration industry. It is an industry that has proven to be recession-resistant with substantial upside potential for future growth.
Your all-inclusive franchise package will include:
*Comprehensive training.
*Personalized support.
*Exclusive business operating system technology:
*Our proprietary Floods4Less Hub Management System is a centralized online web-tool that records all leads and stores information on all phases of projects. Homeowners, insurance adjusters, property managers and facility managers may access it to expedite service, check on job status and more. It ensures the best possible service and facilitates your open communication with clients. Franchisees also have access to exclusive Floods4Less Hub Management System programs to help simplify marketing and prospecting activities.
*Increase your cash flow and watch your Floods4Less business grow through our intuitive Hub Management System.
*Stay in control of your financial information with the Hub Management System Accounting Package.
*Attract new clients and retain the ones you already serve with the Hub Management System Marketing and Communication services. Our marketing programs are integrated with our Hub Management System software for easy prospect tracking, increased conversion ratios, and higher marketing success rates.
*A proprietary operations manual: You will have access to this valuable operating tool, detailing established standards and procedures, with periodic updates, that help guide your efficient daily business operations, both when you launch your business and for the term of your franchise.
*A state-of-the-art call center: Our professionally-trained staff fields calls through a central toll-free number, gathers the sales lead information, and then appropriately routes calls to local franchisees.
*Assistance with site selection: We will provide guidelines for finding an appropriate warehouse and office, typically 2,000 square feet of space. We will work with your local real estate broker to negotiate the most advantages lease terms on your behalf.
*Vehicle guidelines: You will have our specifications for a branded van to accommodate the water extraction system, equipment and personnel.
*Marketing assistance.
Our name and reputation are yours to leverage as you endeavor to be included on the preferred vendor lists used by local insurance professionals and individual policy holders.
*Purchasing discounts: You will benefit from relationships to get unmatched prices on the best possible products and equipment for water extraction, drying and deodorizing, as well as rebuilding and restoring.
*Life, disability and health insurance for Franchisees: We will assist you to obtain the life, dental, disability and health insurance benefits you require.
*Performance and surety bonds: We will assist Franchisees to obtain the surety bonds needed to secure lucrative insurance and government contracts. This would include assistance to obtain a bond to satisfy your licensing requirements for the Contractors State License Board in your state.