Franchise Deep Dive: 1-800 WATER DAMAGE's Franchise Costs, Fees, Profit and Data

1-800 WATER DAMAGE, a water damage restoration franchise, has over 100 locations in the United States, with a turnkey business model and franchisees earning a range of $15,000 to $100,000 per year.

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Franchise Deep Dive: 1-800 WATER DAMAGE's Franchise Costs, Fees, Profit and Data

TL;DR

1-800 WATER DAMAGE, a water damage restoration franchise, has over 100 locations in the United States and offers a turnkey business model with franchisees earning a range of $151,973 to $4,128,169 per year. The company is backed by BELFOR Franchise Group and has been in business for over 15 years.

1-800 WATER DAMAGE covers water damage restoration, carpet cleaning, fire and smoke damage restoration, sewage cleanup, mold remediation and more. The company has been in business for over 15 years and is backed by BELFOR Franchise Group, one of the world's largest restoration companies.

1-800 WATER DAMAGE technicians are highly trained, and provide expert skills and communication to their customers.

There are over 100 1-800 WATER DAMAGE locations in the United States, spanning from coast to coast.

1-800 WATER DAMAGE offers a turnkey business model. You are given the tools and strategies necessary to focus on running your business successfully from the start.

Franchisees can earn a range of $151,973–$4,128,169. Stores in the top 25% earned an average of $1,192,960. Stores in the top 50% earned $672,866, and the top 75% earned $515,854.

Initial investment costs range from $170,089–$294,984. Costs may be different if you are converting a business from a different brand. If you are converting your business startup, costs can be as low as $41,889. A breakdown of fees if you are starting your business from scratch is below.

Initial Fee per Territory: $23,600–$64,950 Initial Package Fee / Marketing and Operations Package / Equipment and Products Package Fee: $49,500 Vehicle with upfitting: $70,000–$105,000 Total Initial Investment: $143,100–$219,450 Food and Lodging While at Training, Not Including the Cost of Transportation: $1,800-$2,500 Full-time Service Technician: $6,336–$16,896 Business Telephone Fee: $0–$150 High-Speed Internet, Anti-Virus Software and Electronic Mail: $267–$477 Computer System: $2,875 Insurance: $4,500–$8,750 Global Positioning System / Data Communications Services Fee: $86 Rent: $3,000–$9,000 Leasehold Improvements: $0–$1,200 Security Deposits / Utility Deposits: $1,000–$3,000 Licenses and Permits: $0–$600 Additional Funds for the First Three Months: $10,000–$30,000 Total Estimated Initial Investment and Additional Expenses: $170,089–$294,984

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This story was originally published in 1851 Franchise on May 13, 2023. Burnaze summarizes and links to the original reporting.

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