| ||||
Updated RecentlyPuroSystems vs CORE Group Restoration Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of PuroSystems vs CORE Group Restoration including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $81,500 - $122,400 | $76,000 - $371,150 |
| Franchise Fee | $35,000 | $30,000 |
| Royalty Fee | 8-10% | - |
| Advertising Fee | - | - |
| Year Founded | 1986 | 2019 |
| Year Franchised | 1991 | 2019 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About PuroSystems
Richard D. Spohn and Rory O'Dwyer, two insurance restoration entrepreneurs, joined forces in 1986 to create PuroSystems Inc., a property casualty restoration and reconstruction provider. PuroSystems franchisees repair water, fire and smoke damage and perform structural repairs and reconstruction.
Each year, PuroSystems franchise owners
perform thousands of jobs throughout the United States and Canada. Our
commitment to relentless customer service and excellence has earned our
position as the restoration partner of choice for many North American
insurance companies and property managers. With many years of
experience, PuroSystems has become one of the largest restoration
franchises across North America. Our training and support ensure that
each one of our franchise owners works with compassion, competence, and
professionalism to become a hero in his or her community.
About CORE Group Restoration
!["CORE]("https://fddexchange.com/wp-content/uploads/2019/12/CORE-Group-Restoration.png")
CORE is a unique take on property damage restoration. Made up of the
largest and most capable property restoration service providers,
CORE is redefining what it means to restore lives.
CORE's business model is unlike anything else on the market today and
offers elite contractors the ability to be a part of a premier service
offering, align themselves with an organization that believes in
operating with the highest standards of craftsmanship, quality and
integrity, all without giving up their independence.
The total investment necessary to begin operation of a single CORE Group
Restoration franchised business is between $76,000 and $371,150. This
includes $50,000 to $93,150 that must be paid to the franchisor or its
affiliate(s).
The total investment necessary to begin operation of two CORE Businesses under a Multi-Unit Franchise is between $127,000 and $742,300. This includes $75,000 to $186,300 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of two CORE Businesses under a Multi-Unit Franchise is between $127,000 and $742,300. This includes $75,000 to $186,300 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of ten
CORE Businesses under a Multi-Unit Franchise is between $335,000 and
$3,111,500. This includes $150,000 to $331,500 that must be paid to the
franchisor or its affiliate(s).