Paul Davis Restoration vs Next Day Access Franchise Comparison

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

Start-Up Costs and Fees
 
Paul Davis Restoration Franchise
Next Day Access Franchise
Investment $186,390 - $510,700$103,025 - $135,200
Franchise Fee $100,000 - $130,000$48,000
Royalty Fee 4%-
Advertising Fee $125/mo.-
Year Founded 1966-
Year Franchised 1970-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Paul Davis Restoration Franchise
Next Day Access 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
Next Day Access 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
Next Day Access 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)

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Expansion Plans
 
Paul Davis Restoration Franchise
Next Day Access Franchise
US Expansion YesYes
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 Next Day Access

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Whole Home, Whole Life Approach to Accessible Living!
Next Day Access proudly sells, delivers, and installs a wide range of home accessibility products, including wheelchair ramps, commercial ramps, stair lifts, grab bars, residential elevators, porch lifts, vehicles lifts, and more.

With every family that we meet, there is a story. Our service begins with YOUR story.
Who you are and how you spend your day are the cornerstone questions that allow
Next Day Access to deliver a “whole home, whole life” plan for your accessibility solution.
Whole home means we can address each area of your home and recommend a professional accessibility solution
that will allow you the freedom and independence to enjoy every level of your home.
Whole life means we can adapt your home to fit the needs you have today and for a lifetime, as well as meet the demands of your unique life story.
Providing you with a turnkey solution that allows you to stay in your home longer is our way of helping you solve the puzzle.