RestoPros

RestoPros is a technology forward, disruptive franchise in the $240BB/year restoration business. While most of the larger restoration companies fight for their share of work from insurance companies, RestoPros runs it's operation much more like a local business. We get our customers from our referral partners in the local markets we serve. Our clients come to us through plumbers, contractors, and property managers, who are the true first line of defense when there is a disaster. We get the call from the plumber to come remediate the water, before the client ever even gets on the phone with the insurance company. We will actually show up and help them file the claim and begin the work right there.

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RestoPros Franchise Cost and Requirements for 2024

Background

RestoPros is a technology forward, disruptive franchise is the $240BB/year restoration business. While most of the larger restoration companies fight for their share of work from insurance companies, RestoPros runs it's operation much more like a local business. We get our customers from our referral partners in the local markets we serve. Our clients come to us through plumbers, contractors, and property managers, who are the true first line of defense when there is a disaster. We get the call from the plumber to come remediate the water, before the client ever even gets on the phone with the insurance company. We will actually show up and help them file the claim and begin the work right there.

Because RestoPros focusses on the high margin water remediation side of the business, we only need 2-3 employees per $1MM in revenue. We are really in the equipment rental business. We send a couple of guys out for a few hours, but then leave the equipment for the next 3-4 days, all the while billing the insurance companies for the work.

Our Item 19 is a full blown P&L showing $1.14MM per territory with OVER $500K Net Income to the owner! All this on $120K investment.

Company Details

Established: 2017
First Unit Franchised: 2020
Franchised Units: 236 In Development/Open, 79 Franchise Owners
Company Owned Units: 1
States Registered In: Open in all Non-Registration States, MI, IN, WI
Canada Franchises: No
International Franchises: No

Support and Training Offered By RestoPros

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
1 week in Charlotte, NC. The candidate will leave with all of the required certifications to run the business. And then 3-4 days in market with the new owners. Very quick ramp up.

2024 Franchise Requirements Needed to Own a RestoPros Franchise.

What does a RestoPros Franchise Cost?

RestoPros franchise fees for 2024:

Cash Investment: $50,000 - $100,000
Total Investment: $143,600 - $272,000
Minimum Net Worth: $250,000

Liquidity: $75,000
Franchise Fee: $60,000
Royalty: 7%
Ad: 1%
Item 19: Yes
Average Number of Employees: 3
Visa Candidates: No
Passive Ownership: Executive Model - Yes
Home-Based: Yes
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: No

Is RestoPros a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. RestoPros 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 RestoPros a Home Based franchise?

Yes. RestoPros is a home based franchise opportunity.

What Do RestoPros Franchise Owners Make?

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

Is RestoPros a Master Franchise Opportunity?

No. RestoPros is not a master franchise opportunity.

Does RestoPros Offer a Veteran Discount?

No. RestoPros franchise does not offer a veteran discount.

Does RestoPros Work with E2 Visa and EB-5 Visa Candidates?

No. RestoPros franchise does not work with E2 Visa and EB-5 Visa candidates.

Is RestoPros Looking for Franchisees in Canada?

No. RestoPros franchise is not looking for Canada franchisees.

Is RestoPros Looking for International franchisees?

No. RestoPros franchise is not looking for International franchisees.

Where can I see RestoPros'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

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

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

RestoPros Franchises for Sale

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

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.