COIT Services vs The Dry Boys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of COIT Services vs The Dry Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$34,248 - $197,345 | $74,000 - $116,000 |
Franchise Fee |
$24,000 - $40,000 | $30,000 |
Royalty Fee |
6% | 7% |
Advertising Fee |
- | 2% |
Year Founded |
1950 | - |
Year Franchised |
1962 | - |
Term Of Agreement |
- | 10 Years |
Term Of Agreement |
- | 10 Years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | Business Experience:
NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work! |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | Yes/- |
Inventory |
-/- | Yes/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | raining
Business development program
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, National media, Regional advertising |
Support |
- | - |
Marketing |
- | - |
Operations |
Franchise can be run from home.
Absentee ownership of franchise is NOT allowed.. | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
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).
About The Dry Boys
Mention
the words "Water damage” to any home owner across the USA, and watch
their reaction, there are no two words in the English dictionary that
gets a home owner’s attention more than these two words. When water
penetrates your home, minutes seem like hours and one immediate action
is critical as the damages can be quite destructive within
seconds.
Nothing in the world spreads as rapidly and forcefully as water
damage, and the destruction of water floods can instantly bring mayhem to your
property, penetrating to areas you didn’t even notice at first glance.
If water damage is not treated in a timely fashion, your walls will
absorb moisture, mildew, mold, rust, odor and create havoc to your
walls, floors, furniture in your home.
Picking the right Water
Restoration professional can be the difference between a clean and safe
house.
The Dry Boys professionals have decades of experience, advanced
equipment, and the necessary measures to restore your house to a clean
and healthy home.