Paul Davis Restoration
Insurance restoration- 2023 Franchise 500 Rank
-
#109Ranked #120 last year
- Initial investment
-
$192K - $517K
- Units as of 2022
-
277 11.7% over 3 years
Paul Davis Restoration, founded in 1966 and located in Jacksonville, Florida, is an insurance restoration network in North America. It began franchising in 1970. Today, there are more than 250 Paul Davis Restoration locations in the U.S. and Canada. They offerrestoration servicesafter natural disasters or emergencies. From hurricanes to leaking pipes, mold infestation, or fire and flood restoration, Paul Davis Restoration strives to be there for their customers when they need them most.
As you run your franchise, you will help people in the community restore their homes to beauty and ultimate functionality. The perfect candidate for a Paul Davis Restoration franchise is passionate about helping others and eager to learn about business.
Why You May Want to Start a Paul Davis Restoration Franchise
Not only do homes and businesses need regular work from small emergencies like leaking pipes, but natural disasters also happen. These incidents may allow your franchise to restore what the disaster destroyed. Paul Davis Restoration has years of business experience. Their proven business and marketing models may attract loyal and steady clientele with their professional and efficient restoration crews.
What Might Make a Paul Davis Restoration Franchise a Good Choice?
For over 50 years, Paul Davis Restoration has been committed to providing the best restoration services in North America. The company strives to give clients a hassle-free experience by providing quality services. They are one of the toprestoration companiesbecause of this commitment to professionalism and quality.
Paul Davis Restoration has been ranked in Entrepreneur’s Franchise 500 many times in the past two decades. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
To partner with Paul Davis Restoration, you will need to make a financial investment. To be part of the team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
.
How Do You Open a Paul Davis Restoration Franchise?
Submit a franchise inquiry when you feel like you are ready to learn more about opening a Paul Davis Restoration franchise. You should also review their available markets to see which area suits your needs. Research the brand and your local area to see if a Paul Davis Restoration franchise would do well in your community. It may also be a good idea to contact an attorney or financial advisor to ensure that you are financially stable enough to open a Paul Davis Restoration franchise.
If your franchise application is accepted, you will speak to someone on the franchise team who will guide you through the following steps. Expect to complete a large amount of training before you open your doors to business.
Company Overview
About Paul Davis Restoration
Industry | Maintenance |
---|---|
Related Categories | Restoration Services,Miscellaneous Home-Improvement Businesses,Miscellaneous Maintenance Businesses,Cleaning/Restoration |
Founded | 1966 |
Parent Company | FS Brands Inc. |
Leadership | Rich Wilson, CEO & President |
Corporate Address | 7251 Salisbury Rd., #6 杰克逊维尔,佛罗里达州32256 |
Social | Facebook,Twitter,LinkedIn,YouTube |
Business Overview
Franchising Since | 1970(53 years) |
---|---|
# of employees at HQ | 139 |
Where seeking | This company is offering new franchisees throughout the US. This company is offering new franchisees worldwide. |
# of Units | 277(as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Paul Davis Restoration franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$50,000 - $130,000 |
---|---|
Initial Investment |
$191,740 - $517,000 |
Cash Requirement |
$500,000 |
Veteran Incentives |
25% off franchise fee |
Royalty Fee |
4% |
Ad Royalty Fee |
0.75% |
Term of Agreement |
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | Paul Davis Restoration offers in-house financing to cover the following: franchise fee, startup costs |
---|---|
Third Party Financing | Paul Davis Restoration has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 100 hours |
---|---|
Classroom Training | 230 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
#所需的员工run | 5 |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like Paul Davis Restoration? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Paul Davis Restoration landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Paul Davis Restoration ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Paul Davis Restoration.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
When's the Best Time to Use AI in Your Franchise? The Choice Is Clear.
It's no longer a question of if or when to implement artificial intelligence in training, recruiting and marketing programs, but rather what it has already cost you if you haven't.
Exploring Expansion Strategies for Franchise Success, From Goals to Growth
When you make a decision to franchise, what you're really doing is deciding how you want to grow.
When I Told People How Big This Franchise Could Grow, They Laughed. Now the Joke's on Them.
Why building a successful enterprise in this sector starts with embracing a growth-focused mindset.
如何运行一个2.59亿美元的业务,同时提高Kids: 'You Go Through a Period, Like, 'Is Everything Gonna Be Okay?''
Jen Lemcke is the CEO of WeedMan, and she wants you to take a deep breath and give yourself some grace.
He Got Bored With Retirement. Now He's Selling $18 Million Annually.
Don Lanier was ready for a change, and that pushed him to succeed. Here's how he did it.
He's Opened 15 Ben & Jerry's. But First, He Learned a Hard Lesson: 'I've Never Worked So Hard to Lose $100K In My Life'
Antonio McBroom is a partner in Ben & Jerry's only Black-owned multi-franchise group, but the path to success was plenty twisty.