1-800 Water Damage
1-800 Water Damage At a Glance
Franchise Fee: $59,000
Royalty: 10% decreasing scale
Total Investment: $173,000 - $265,000
Can Be Home Based: No
2021 Entrepreneur 500 Rank: #196
Royalty: 10% decreasing scale
Total Investment: $173,000 - $265,000
Can Be Home Based: No
2021 Entrepreneur 500 Rank: #196
Founded: 2005
Franchised: 2006 (2016 under Belfor)
VetFran Member: Yes
Franchise Category: Repair & Restoration
Franchised: 2006 (2016 under Belfor)
VetFran Member: Yes
Franchise Category: Repair & Restoration
• 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 offering 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
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