911 Restoration Franchise Startup Information, Locations, Revenue and Profit
Are you looking for an effective venture in a rapidly advancing industry that will not only give you the benefit of making money but also of helping people? Franchising with 911 restoration franchise with its high rate of return might be exactly what you need.
ABOUT 911 RESTORATION FRANCHISE
Founded in 2003 with its headquarters in Van Nuys, California, 911 restoration franchise has provided emergency efficient fire, smoke, water damage, duct cleaning and crawl space cleaning mold remediation restoration services to various areas nationwide. Most of the top franchisees in 911 restoration franchise basically start out with no experience, the company would guide new comers on the easy process of becoming a certified 911 restoration franchisee.
Natural and man influenced disasters affect a lot of places daily which would result in a highly profitable number of customers in the business making it able to withstand recession.
911 restoration franchise Inc. offers the right to own and be in charge of one 911 restoration emergency response services business. The major advantage of 911 restoration franchise is the training it offers to business owners to allow them develop their business to greater heights.
911 RESTORATION FRANCHISE FEE
The initial single time franchise fee that is paid by 911 restoration franchise aspirants is $29,000 – $49,000. Franchisees would also pay an ongoing royalty fee of 3-10% and an ad royalty fee of 2%.
911 restoration franchisee provides in-house funding to overlay the franchisee fee, start up cost and cost of equipment.
911 restoration franchise offers 15% discount off the initial franchise fee to veterans. People from military or emergency services upbringing are built on an analytical background that reflects the operations and strategies of 911 restoration franchise.
911 RESTORATION FRANCHISE REQUIREMENTS
The initial investment which is necessary for an aspiring 911 restoration franchisee is $70,100 – $226,900 stated according to item 7 of the FDD, this investment includes the franchise fee alongside all other start up outlays such as business licenses, equipment, real estate and capital.
911 restoration franchise also requires a liquid capital of. This capital consists of assets that can be easily changed such as money or other business related materials.
Veterans who buy into 911 restoration franchise are gifted with 15% off the initial franchise fee. However, internal financing by the company to cover up costs such as franchise fee, equipment and start up costs are also offered by the franchisor.
911 RESTORATION FRANCHISE TRAINING AND SUPPORT
911 restoration franchise provides ongoing support and marketing support to franchisees which includes; newsletters, security, Internet, grand openings, job operations, toll-free lines, ad slicks, advertising, media regional awareness and lots more. It also offers 60 hours on site training and 48 hours training to be carried out in the head quarters.
Management training; Learn about the business which includes fire, water and mold. 911 restoration franchise allows estimating and inspecting on the job restoration training, education on business planning and budgeting and phone etiquette to keep business customers interested.
Operational support; 911 restoration franchise provides 24/7 phone support to franchisees every day in a year. It also provides functional business instructors that will help franchisees reason and grow like a chief executive officer.
Other operational and business support provided by 911 restoration franchise incudes; strategy devising and goal setting, assistance in finance and budget, customer relationship management, transactions with insurance companies and day to day support.
The franchisor’s training usually lasts for about 2 to 4 weeks. Franchisees must attend the franchisor’s annual refresher training agenda.
911 RESTORATION FRANCHISE TERMS OF RENEWAL
The initial franchise term would normally last 7 years, this can however be renewed for another 7 years if the franchisee meets the standard requirement of renewal. The franchisor may terminate the franchise agreement for a reasonable cause, the franchisee must redeem within 15 days after termination.
911 RESTORATION FRANCHISE OBLIGATIONS AND RESTRICTIONS
According to the franchisee agreement, franchisees are required to operate at the specific location denoted in the franchise agreement and must not exceed their territory. The territorial size on the agreement is dependent on the population of the franchisees intended territory.
Franchisees will not be given an absolute territory, they will be faced with challenges from competitors and other factors such as distribution routes and other competitive brands managed by the franchise.
However, in order for franchisees to be secured in their territory according to the Franchisee Agreement, they will be required to achieve the stated gross income after the first year and all the consequential years after that.
As a 911 restoration franchisees, you will be required to conscientiously and devotedly carryout their obligations.
HOW TO START A 911 RESTORATION FRANCHISE?
Now that you have properly read through and understood what franchising with 911 restoration franchise entails, you may proceed to start the process of becoming a 911 restoration franchisee fill out the required form and request information here https://www.franchisegator.com/franchises/911-restoration/