1-800 Water Damage
Franchise Fee: $59,000
Royalty: 8 - 10%
Total Investment: $170,089 - $294,984
Can Be Home Based:
No
Founded: 2005
Franchised: 2006 (2016 under Belfor)
VetFran Member: Yes
• 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 offering 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
• 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