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Updated RecentlyBest Options Restoration vs PACKOUTZ Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Best Options Restoration vs PACKOUTZ including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $83,000 - $120,000 | $102,231 - $307,790 |
| Franchise Fee | N/A | $55,000 |
| Royalty Fee | - | 7% |
| Advertising Fee | - | 3% |
| Year Founded | - | 2019 |
| Year Franchised | - | 2019 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Best Options Restoration
When you consider the statistics, it becomes clear just how common and devastating damage to your home can be. According to DisasterSafety.org, National Fire Protection Association, and the Insurance Information Institute:
- 14,000 people in the US experience a water damage emergency at home or work each day
- 98% of basements in the US will suffer from some type of water damage during their lifetime
- The costs are just as staggering as the frequency. Water damage and mold cost the insurance industry $2.5 billion dollars per year
- The average cost of a home water damage insurance claim is $6,965
- 475,500 structure fires occur in the U.S. per year.
- Fires cause $7.9 billion in property damage per year.
- The United States experiences more tornadoes than any other country
- The average cost per claim for lighting damage is $7,571.9
- The estimated insured loss for hurricane damage is $2.9 billion
About PACKOUTZ
!["PACKOUTZ]("https://fddexchange.com/wp-content/uploads/2020/05/PACKOUTZ-300x90.png")
As one of the nation’s foremost experts in contents cleaning and
restoration, PACKOUTZ excels at helping homeowners get back the items
that make their homes feel like home. If you want to own a business that
makes a real, meaningful difference in people’s lives and has the full
support of BELFOR Franchise Group, one of the largest franchisors in the
cleaning and restoration industry, behind you, PACKOUTZ is a wise
choice.
The total investment necessary to begin operation of a PACKOUTZ Business
is $127,156 to $307,790.
This includes $27,000 to $94,000 that must be
paid to the franchisor or its affiliates.
The total investment necessary to begin the operation of a conversion PACKOUTZ Business is $102,231 to
$292,790.
This includes $21,875 to $79,000 that must be paid to the
franchisor or its affiliates.