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Below is an in-depth analysis and side-by-side comparison of Restoration 1 vs The Inspection Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $84,500 - $193,125 | $35,000 - $55,000 |
Franchise Fee | $54,900 - $59,275 | $17,500 |
Royalty Fee | 7% | 4-6% |
Advertising Fee | 1% - 2% | 3% |
Year Founded | 2008 | - |
Year Franchised | 2009 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | The basic requirements would include anyone with a sales background, former managers, former sales people, former business owners, former marketing executives, and anyone with mold remediation, asbestos abatement, home repair, or carpentry experience. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | -/- |
Start-up Costs | Yes/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 24 hours Classroom Training: 56 hours | Training is held in our HQ in New Jersey for 5 days. |
Support | 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 | Ad Templates National Media Social media SEO Website development Loyalty program/app | - |
Operations | Number of Employees Required to Run: 4 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | No |
International Expansion | Yes | No |
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.
With The Inspection Boys, you can start your own business in a
growing market by taking advantage of one of our streamlined franchise
opportunity.
You’ll immediately benefit from the power of The Inspection Boys brand and our years of experience offering successful service to
residential, commercial, and industrial customers. If you have
management experience; a desire to work with some of the best management
professionals in the business; and are willing to invest in an
established brand in the industry, please consider joining The
Inspection Boys franchise team.
Franchise System Benefits
We offer many benefits to our franchise businesses, which include: