1-800-Water Damage Franchise
1-800-Water Damage is a franchise for a business dealing with water damage restoration. It was founded in California in 1988. The founder owned a carpet cleaning business that had 50 service vans running.
Through this business, he saw the potential of a market on water damage restoration. Since the success of 1-800-Water Damage, they slowly let go of the carpet cleaning business and focused more on this. They started franchising in 2002. They expanded out of California and into Washington, Seattle at first. Seattle, Washington is currently where the headquarters is. This is also where they built their state of the art training facility. It is being used for research and development, and technical training.
What services do they offer at 1-800-Water Damage?
They have Water Extraction, Water Damage Restoration, Crawl Space Drying, Sewage Clean-ups, Structural Drying, Dehumidification, Basement Drying, Sanitization, Odor Control, Disinfecting, Debris Removal, Carpet Cleaning, Wind Damage, Emergency Board-ups, and Mold Remediation. These services may differ with some franchise locations. It can be hard to find a restoration company in an urgent situation while they are available 24X7 and always prepared for any water or sewage situation. They are ready 24X7 because they know that the longer you let the water sit there, the more damage it will cost and this will also increase the cost of the claim. They can also work directly with your insurance company. They pride themselves of their well-trained technicians and customer service that after every job, they require them to have the customer sign a Customer Satisfaction Form. 1-800-Water Damage use an Applied Structural Drying (ASD) which is a special drying method that enables them to dry wet pad, sub-floors, carpet, and structures in place. This technique and their specialized equipment will save you the time and cost of having to replace everything while going through the claim process. You can be assured that their technicians are always up to date with new techniques and developments in the industry through on-going trainings. The company conducts the classes for Agents and Adjusters as well.
Costs and Requirements Associated with Running an 1-800-Water Damage Franchise
You need to have a net worth of $80,000 to $200,000 and a total liquid asset of at least $50,000. Expect to be investing about $81,000 to $193,000. Franchise fee is $29,500 to $54,500 with an on-going royalty fee of 5%-10%. This is for a renewable 10 year term agreement. This business can be run from home. You will need about 5 employees to run one location. You are allowed to have more than one location and currently, 50% of franchise owners own more than one location. They allow absentee ownership although currently, 100% of franchisees operate their own locations.
What’s included in the franchise package?
There will be 2 weeks training at the headquarters, 3 days at your location, and on-going trainings through training videos and seminars. You will also receive newsletters and attend meetings. You will be given a toll-free number, internet, and access to purchasing cooperatives and a 24X7 technical support. For marketing, there would be ad slicks.
You May Reach Them At:
Address: 1167 Mercer St. Seattle, Washington 98109