1-800 WATER DAMAGE provides complete restoration relating to water damage, mold infestation and fire and smoke destruction. As the demand for restoration services rises due to unpredictable violent weather events and deteriorating infrastructures, the restoration industry has grown to over $210 billion. By Nancy E. Williams
1-800 WATER DAMAGE provides complete restoration relating to water damage, mold infestation and fire and smoke destruction. As the demand for restoration services rises due to unpredictable violent weather events and deteriorating infrastructures, the restoration industry has grown to over $210 billion. The brand is backed by the esteemed BELFOR Franchise Group, a franchisor dynamo in the service business industry, with offices in over 30 countries around the world.
Ken Osness, senior vice president of franchise development for BELFOR Franchise Group, shared the depth of the parent company’s impact. “We are able to have a unique relationship because we share resources, and we have buying power because we use the same vehicles with the same suppliers. When one of us needs help on a job, each one can call the other for help. That’s tremendously valuable,” he explained. With these relationships and support, the brand is able to tackle a wide range of projects, including problems arising from pipes bursting and water heaters malfunctioning to catastrophic damage caused by flooding, hurricanes and earthquakes.
This buying power, combined with a well-known national brand, has enabled 1-800 WATER DAMAGE to become a trusted industry leader with a commitment to excellence and 100% customer satisfaction.
The benefits of owning a 1-800 WATER DAMAGE are vast. Franchises are available in all major markets with large territories, servicing residential and commercial customers. When regional weather events or major national disasters occur, the franchisor may mobilize owners from all over the country to offer services.
Also, 1-800 WATER DAMAGE is a preferred vendor for major insurance companies and third-party administrators, which means that a majority of the services the brand offers are paid for by insurance companies. In terms of franchisee training and development, the brand provides a state-of-the-art training center, continuing education and business coaching.
1-800 WATER DAMAGE offers amazing financing options at great rates. Franchisees can finance up to 99% of the initial investment for three to five years, and military veterans are given a 20% discount on the franchise fee.
Regarding the overall investment, the franchise and territory fee for a territory containing a population up to 400,000 is $59,900. The equipment package is $49,900, and the service vehicle is approximately $85,000.
Prospective franchisees with proficient people skills will find success with the brand. As with most businesses, customer service is extremely important, and the willingness to talk with people is key. When dealing with families in the middle of a tragedy, it becomes even more important. An owner’s primary role is building referral partners, marketing the business, and managing employees. Some owners even start working in the field to understand the full scope of the business. 1-800 WATER DAMAGE is seeking owners willing to give a full-time effort to the business. A background in contracting trades is a plus but not a must.
Nancy E. Williams