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Franchise Deep Dive: 1-800 WATER DAMAGE's Franchise Costs, Fees, Profit and Data

The water-damage brand is backed by one of the largest restoration companies BELFOR Franchise Group.

By Savannah BilboStaff Writer
SPONSORED 2:14PM 05/13/23

LAST UPDATED: March 16, 2023
FRANCHISE WEBSITE: https://www.1800waterdamage.com/about/franchise-opportunities/
NUMBER OF LOCATIONS: 100+
REPORTED COST TO GET IN: $170,089 to $294,984
REPORTED ROI (Item 19): $151,973-$4,128,169
 

1-800 WATER DAMAGE covers water damage restoration, carpet cleaning, fire and smoke damage restoration, sewage cleanup, mold remediation and more. The company has been in business for over 15 years and is backed by BELFOR Franchise Group, one of the world's largest restoration companies. 

1-800 WATER DAMAGE technicians are highly trained, and provide expert skills and communication to their customers.

How Many 1-800 WATER DAMAGE Locations Are There?

There are over 100 1-800 WATER DAMAGE locations in the United States, spanning from coast to coast. 

What Is the 1-800 WATER DAMAGE Business Model?

1-800 WATER DAMAGE offers a turnkey business model. You are given the tools and strategies necessary to focus on running your business successfully from the start. 

How Much Can 1-800 WATER DAMAGE Franchise Owners Make?

Franchisees can earn a range of $151,973–$4,128,169. Stores in the top 25% earned an average of $1,192,960. Stores in the top 50% earned $672,866, and the top 75% earned $515,854. 

How Much Does It Cost to Open a 1-800 WATER DAMAGE?

Initial investment costs range from $170,089–$294,984. Costs may be different if you are converting a business from a different brand. If you are converting your business startup, costs can be as low as $41,889. A breakdown of fees if you are starting your business from scratch is below. 

Initial Fee per Territory: $23,600–$64,950
Initial Package Fee / Marketing and Operations Package / Equipment and Products Package Fee: $49,500
Vehicle with upfitting: $70,000–$105,000
Total Initial Investment: $143,100–$219,450
Food and Lodging While at Training, Not Including the Cost of Transportation: $1,800-$2,500
Full-time Service Technician: $6,336–$16,896
Business Telephone Fee: $0–$150
High-Speed Internet, Anti-Virus Software and Electronic Mail: $267–$477
Computer System: $2,875
Insurance: $4,500–$8,750
Global Positioning System / Data Communications Services Fee: $86
Rent: $3,000–$9,000
Leasehold Improvements: $0–$1,200
Security Deposits / Utility Deposits: $1,000–$3,000
Licenses and Permits: $0–$600
Additional Funds for the First Three Months: $10,000–$30,000
Total Estimated Initial Investment and Additional Expenses: $170,089–$294,984

Who Is the Leadership of 1-800 WATER DAMAGE?

What Helpful Sources Can I Read to Learn More About 1-800 WATER DAMAGE?


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