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1-800 WATER DAMAGE

1-800 Water Damage is an exciting franchise opportunity from BELFOR - The World's Largest Property Restoration Contractor. Our Franchisees focus on Sales/Marketing and the Restorative Cleaning of Water Damage, Mold Remediation, and Carpet Cleaning.

Interested in Franchise Ownership?

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1-800 WATER DAMAGE

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1-800 WATER DAMAGE Franchise Cost and Requirements for 2024

Background

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.

  • 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 
  • 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

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)

Company Details

Established: 2005
First Unit Franchised: 2015 (Under Belfor)
Franchised Units: 200+
Company Owned Units:0
States Registered In: All
Canada Franchises: No
International Franchises: No

Support and Training Offered By 1-800 WATER DAMAGE

Financial Assistance Provided: Yes (Up to $250,000)
Site Selection Assistance: Yes
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.

2024 Franchise Requirements Needed to Own a 1-800 WATER DAMAGE Franchise.

What does a 1-800 WATER DAMAGE Franchise Cost?

1-800 WATER DAMAGE franchise fees for 2024:

Cash Investment: $100K,  $30K for  the franchise fee, $75K working capital
Total Investment: $209,000 - $307,000
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

Is 1-800 WATER DAMAGE a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. 1-800 WATER DAMAGE is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is 1-800 WATER DAMAGE a Home Based franchise?

No. 1-800 WATER DAMAGE is not a home based franchise opportunity.

What Do 1-800 WATER DAMAGE Franchise Owners Make?

Click here to find out how much 1-800 WATER DAMAGE franchisees make. 1-800 WATER DAMAGE offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is 1-800 WATER DAMAGE a Master Franchise Opportunity?

No. 1-800 WATER DAMAGE is not a master franchise opportunity.

Does 1-800 WATER DAMAGE Offer a Veteran Discount?

Yes. 1-800 WATER DAMAGE franchise does offer a veteran discount.

Does 1-800 WATER DAMAGE Work with E2 Visa and EB-5 Visa Candidates?

Yes. 1-800 WATER DAMAGE franchise does work with E2 Visa and EB-5 Visa candidates.

Is 1-800 WATER DAMAGE Looking for Franchisees in Canada?

No. 1-800 WATER DAMAGE franchise is not looking for Canada franchisees.

Is 1-800 WATER DAMAGE Looking for International franchisees?

No. 1-800 WATER DAMAGE franchise is not looking for International franchisees.

Where can I see 1-800 WATER DAMAGE's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Home Services, Maintenance, Repair & Restoration, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

1-800 WATER DAMAGE Franchises for Sale

Click Here to inquire about existing 1-800 WATER DAMAGE franchises for sale. We may have 1-800 WATER DAMAGE franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

Franchises Similar to 1-800 WATER DAMAGE

Pro Energy Consultants, Kitchen Solvers, Relocators, Conserva Irrigation, A Mother's Touch Movers, Weed Man Lawn Care, Premier Pools & Spas, Zoom Drain, Pillar to Post Home Inspection, Heaven's Best Carpet Cleaning, Sir Grout, ProSource Wholesale, Lifetime Green Coatings, Precision Door Service, Elite Window Cleaning

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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