Traditional Model Franchise
Single $173,000 (Fran Fee - $59K, Vehicle & Equipment - $106K) 350,000 pop.
Super-Pack $271,000 (Fran Fee - $157K, Vehicle & Equipment - $114K) 1,000,000 pop.
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Business Description: 1-800 WATER DAMAGE (Owned by BELFOR - World's Largest Property Restoration Company). Services include – (Water, Fire, Mold Remediation and Carpet Cleaning for Residential and Commercial Clients). 1-800 Water Damage is a Traditional Model Franchise
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Single (350,000 pop.) or Super-Pack (1,000,000 pop.) Territories.
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KEY DIFFERENCES FROM OTHER RESTORATION FRANCHISES:
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Overflow Referral Work from Offices of Parent Company - BELFOR
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Major Natural Disaster (Hurricane, etc.) Referral Opportunities
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Most Major Insurance Company & Third Party Administrator (TPA's) Vendor Lists
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Best Initial Training & Ongoing Support Team in the Restoration Industry
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Employment Agency for Labor Pool (Temp Employees and Full Time Techs)
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Over 400 Major Market Territories Still Available
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Largest Territories in our Service industry Space (350,000 population)
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Services cannot be "Outsourced to China" or "Dropped on your Doorstep" by Amazon
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Large Majority of Work Paid by Insurance
Financing Options:
PLAN A: (BELFOR Franchise Group Financing)
We can finance up to $29,500 - 50% of the Franchise Fee. We can also finance $65,000 Vehicle (They will put $10,000 down)
Candidate will need to pay $39,000 for the Equipment.
Candidate will need at least $80,000 down payment to get started.
PLAN B: (Preferred Lender Financing) (150% of Needed Funds)
$150,000 Unsecured SBA – (10 Year Loan)
$100,000 Loan for Vehicle and Equipment (6 Year Loan)
1-800 WATER DAMAGE