1-800 WATER DAMAGE Claimed
1-800 WATER DAMAGE Franchise For Sale
Traditional Model Franchise
Single $209,000 (Fran Fee – $59K, Vehicle & Equipment – $150K) 350,000 pop.
Super-Pack $307,000 (Fran Fee – $157K, Vehicle & Equipment – $150K) 1,000,000 pop.
- Business Description: 1-800 WATER DAMAGE (Owned by BELFOR – World’s Largest Property Restoration Company). Services include – (Water, Fire, Mold Remediation, Carpet Cleaning and Bio-hazard cleanups for Residential and Commercial Clients). 1-800 Water Damage is a Traditional Model Franchise
- Single (350,000 pop.) or Super-Pack (1,000,000 pop.) Territories.
- KEY DIFFERENCES FROM OTHER RESTORATION FRANCHISES:
- Overflow Referral Work from Offices of Parent Company – BELFOR
- Major Natural Disaster (Hurricane, etc.) Referral Opportunities
- Most Major Insurance Company & Third Party Administrator (TPA’s) Vendor Lists
- Cross referals from other BFG brands
- Growth opportunities by acquiring other BFG brands
- Best Initial Training & Ongoing Support Team in the Restoration Industry
- Employment Agency for Labor Pool (Temp Employees and Full Time Techs)
- Over 400 Major Market Territories Still Available
- Largest Territories in our Service industry Space (350,000 population)
- Services cannot be “Outsourced to China” or “Dropped on your Doorstep” by Amazon
- Large Majority of Work Paid by Insurance
- Highest Rated Property Restoration Company in the US 4.93/5 Stars
- Highest percentage growth per location of any restoration company
Financing Options:
PLAN A: (BELFOR Franchise Group Financing)
We can finance up to $29,500 – 50% of the Franchise Fee, interest free year 1.
PLAN B: (Preferred Lender Financing) up to $250,000
3, 4, 5 and 6 year programs available with as little as no money down if qualified. 675 credit score required
Franchise Background
Franchised Units: 200+
Company Owned Units:0
States Registered In: All
Canada Franchises: No
International Franchises: No
Financial Terms
Minimum Net Worth: $175,00- $225,000
Franchise Fee: $59,000
Royalty: 10-7%
National Marketing Fund: 2%
Average Number of Employees: 2
Item 19 Yes
SBA Approved: Yes
Passive Ownership: Yes
Home Based: No
B2B: Yes
Master Franchise Opportunities: No
Vet Fran Discount of 20% off Fran Fee
$2,500 First Responder's Discount
Support & Training
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training: Technical and Business Training for 10 days at our Headquarters in Ann Arbor, Michigan.
Ideal Candidate
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