10 Best Water Damage Restoration Franchises 2024

Looking for 10 best Water Damage Restoration Franchises? We got you!

Every day, there are over 50,000 water damage property losses and $21.6 million lost to fire damage in the United States. These statistics clearly show the demand for Water Damage Restoration services.

So, if you are an entrepreneur, then entering this industry could help you get consistent business and profits. Let us see some of the best Water Damage Restoration Franchises that you can possibly find in this guide!

10 Best Water Damage Restoration Franchises

10 Best Water Damage Restoration Franchises

1. 911 Restoration

911 Restoration
Founded2003
Franchising Since2007
Estimated Outlets220
Initial Investment$70,100 – $226,900
Franchise Fees$29,000 – $49,000
LiquidityN/A
Royalty Fees10%

The 911 Restoration is a leading water damage restoration brand in the United States and Canada. 911 Restoration started as a carpet cleaning company and was eventually taken over by its former employees- Idan Spieser and Peleg Lindenberg.

When you join 911 Restoration, you are given training in water damage, fire, and mold remediation in addition to business development. You also benefit from their in-house marketing team that help you in growing your business.

As per the company’s website, franchise owners make $340K in the first year of their business. On average, 911 Water Damage restoration franchises make $150K in annual profits.


2. PuroClean

PuroClean
Founded2001
Franchising SinceN/A
Estimated Outlets400+
Initial Investment$225,000 – $245,000
Franchise Fees$59,000
Liquidity$70,000
Royalty FeesN/A

Founded in 2001, PuroClean is one of the world’s fastest-growing Water Damage Restoration franchises.

The company offers multiple services to commercial and residential customers, including water damage restoration, mold removal, fire and smoke damage remediation, and biohazard cleanup.

According to the company’s 2018 reports, franchises made annual system-wide sales of $779,378. So, as a PuroClean franchise, you can expect to make a lot of money.

Another great thing about this franchise is that the franchisor offers third-party finance options and 25% reduction in franchise fees to qualifying veterans.


3. ServiceMaster Restore

ServiceMaster Restore
Founded1929
Franchising Since1952
Estimated Outlets800+
Initial Investment$252,675
Franchise Fees$72,500
Liquidity$102,700
Royalty Fees$250 or 10% of monthly gross service sales

With over 65 years in the business, ServiceMaster Restore is one of the oldest restoration franchises. The company has a wide network of franchises across the United States and Canada, offering restoration services to both residential and commercial clients.

Upon selection, you will receive 4-6 months of initial training, and throughout the life of your business, you will have access to industry experts and business development professionals.

According to the company’s website, the top franchise owners make $2.49M in Average Gross Sales, making this a great franchise opportunity for you.


4. Rainbow International Restoration

Rainbow International Restoration
Founded1981
Franchising Since1981
Estimated Outlets400+
Initial Investment$169,336 – $325,900
Franchise Fees$40,000
Liquidity$75,000
Royalty FeesN/A

Founded in 1981 and with over 40 years in the industry, Rainbow International Restoration is another solid Water Damage Restoration franchise worth checking out.

It is also one of the most affordable franchise opportunities as compared to the other options that we have shared.

The company offers many benefits such as needed training and support, 15% off the initial franchise fee to qualifying Veterans, multiple financing options, etc.

And the best part about this franchise is that you can diversify your earnings by providing additional services such as cleaning, reconstruction, content removal services, etc.


5. SERVPRO

SERVPRO
Founded1967
Franchising Since1969
Estimated Outlets2000+
Initial Investment$167,575 – $221,450
Franchise Fees$60,000
Liquidity$105,000
Royalty Fees3%-8%

Owning a SERVPRO franchise can offer you benefits such as brand recognition, support, and training from a franchise system consistently ranked #1 by Entrepreneur magazine in the restoration services category for 21 years.

The franchisor provides a comprehensive training program to new owners, ongoing support, and In-house financing options for qualified buyers.

SERVPRO also allows franchise owners to diversify their income stream by offering additional services such as fire damage, mold damage, storm damage, and construction repair services.

And the best part is that starting a SERVPRO franchise is also quite affordable.


6. Restoration 1

Restoration 1
Founded2008
Franchising Since2010
Estimated Outlets219
Initial Investment$84,500 to $193,125
Franchise Fees$54,900
Liquidity$75,000
Royalty Fees7%

If you are looking for a commercial Water Damage Restoration franchise, then Restoration 1 is the best choice for you.

Restoration 1 is a home-based business that requires very little inventory and no brick-and-mortar expenses. Because of this, it is one of the most affordable franchises to invest in.

You do not need any experience to be eligible for it. To get started, you simply need to submit your information, get a consultation done, and attend a 12-day training.

The franchisor gives a discount on franchise fees to qualifying veterans. Other than this, you must note that the company does not offer in-house financing but can connect you with third-party investors.


7. Paul Davis Restoration

Paul Davis Restoration
Founded1966
Franchising Since1970
Estimated Outlets300+
Initial Investment$238,500 – $617,100
Franchise Fees$50,000
LiquidityN/A
Royalty Fees4%

Founded in 1966, Paul Davis Restoration is a network of 300+ independently owned and operated franchises in the United States and Canada. 

Paul Davis Restoration has a 97% success rate, and according to the company’s website, franchise owners have generated as much as $5 million in revenue.

This franchise opportunity is slightly more expensive than the other options, but it might be worth it if you can make the kind of profits they promise their franchises do.


8. Steamatic

Steamatic
Founded1948
Franchising Since1967
Estimated OutletsN/A
Initial Investment$129,840 – $173,490
Franchise Fees$15,000 – $42,000
Liquidity$75,000
Royalty FeesN/A

Steamatic offers not just Water Damage Restoration but also a plethora of other services, such as Mold Growth Remediation, Construction and build-back, HVAC and Air Duct Cleaning, Carpeting and Rug Cleaning, etc. This allows franchise owners to diversify their earnings.

To be eligible, Steamatic does not require any kind of experience from you; you only need the needed investment amount. The franchisor offers 103 hours of classroom and on-the-job training, along with the needed support to get you started.

For the initial investment price of $129,840, Steamatic is one of the best options for those who are looking to buy a franchise that offers not just Water Damage restoration but plenty of other services as well.


9. All Dry Services

All Dry Services
Founded2014
Franchising Since2020
Estimated OutletsN/A
Initial Investment$87,749 – $275,300
Franchise Fees$49,500
LiquidityN/A
Royalty Fees7%

All Dry Services was founded by Matt Kuntz in Florida in 2014. The company is known for offering a variety of services, such as mold remediation, restoration, and cleanup services.

Qualifying candidates are given 30-day New Franchisee Training, 24/7 support, and access to their proprietary technology.

For more information, you can visit the company’s website and get in touch with the company’s representatives.


10. 1-800 WATER DAMAGE

1-800 WATER DAMAGE
Founded2002
Franchising Since2005
Estimated OutletsN/A
Initial Investment$206,989 to $296,484
Franchise Fees$59,000 – $64,950
Liquidity$75,000
Royalty Fees3% to 10% or $500

If you want to own a business that leaves a meaningful, lasting impact on your community, then a 1-800 WATER DAMAGE franchise is for you.

As part of BELFOR Franchise Group, their franchise owners benefit from world-class franchise support and training.

You also get in-house and third-party financing help to get started. The best part is that 1-800 WATER DAMAGE offers plenty of services, allowing franchise owners to diversify their income stream.


Comparison Of 5 Best Water Damage Restoration Franchise Opportunities

CompanyFounded OutletsFranchise Fee  Initial Investment Royalty Fee
911 Restoration2003220$29,000 – $49,000$70,100 – $226,90010%
PuroClean2001400+$59,000$225,000 – $245,000N/A
ServiceMaster Restore1929800+$72,500$252,675$250 or 10% of monthly gross service sales
Rainbow International Restoration1981400+$40,000$169,336 – $325,900N/A
SERVPRO19672000+$60,000$167,575 – $221,4503%-8%

When Should You Choose A Water Damage Restoration Franchise?

Before you decide to invest in a Water Damage Restoration business, you should ask yourself these questions:

Do I have the needed investment?

Water Damage Restoration business requires an investment of $100,000 on average, along with the liquid capital requirement of $75,000.

Although this investment is way cheaper than opening the best breakfast restaurant franchise, you must ensure that you have this kind of amount.

Am I okay with partial control?

When you buy a franchise, you do not get the entire control of the business. There will be certain standards, rules, advertising strategies, working hours, etc., that the franchisor will dictate.

And you will have to follow them. So, before you buy a franchise, make sure you are okay with partial control over your business.

Am I okay with sharing profits?

In return for offering you their brand name and business model, franchisors charge ongoing royalty and marketing fees from franchisees.

For the water damage restoration business, these fees could range between 3% and 10% of your total sales.

So make sure you check out this number and are okay with sharing a part of your earnings with the franchisor.


Things You Need To Know Before Choosing A Water Damage Restoration Franchise

Before choosing a water damage restoration franchise, here are some points that you should consider:

Financing Help

A lot of franchises offer in-house financing or third-party financing options to help you get started in opening your franchise business. So if you do not have the needed investment, then look for an option that offers financing help to get you started.

Training and Support

If you do not have any relevant experience running a business, then the franchise you choose must offer you the needed training and support. This could include a few weeks of classroom and on-the-job training and ongoing support.

Remember both these things are very important for you to get started with your business, and you must not overlook them.

Odd Hours

A water damage emergency can arise at any time and even at odd hours. If you are not comfortable working at odd hours, then make sure you choose a franchise accordingly.


Wrap Up

Water damage restoration is a recession-proof and in-demand business. And you can start this franchise for very little as compared to other business options.

Since there are so many options available, you can scan through the 10 best Water Damage Restoration Franchises that we have shared with you in this guide and create the wealth of your dreams.


FAQ’s

How Much Does A Water Damage Restoration Franchise Cost?

The cost of a Water Damage Restoration franchise could vary from company to company. However, on average, you can expect to spend $150,000 to $200,000 to open a Water Damage Restoration franchise.

How Much Can I Make From A Water Damage Restoration Franchise?

The money that you can make from a Water Damage Restoration franchise varies greatly depending on the brand you choose, location, demand, etc.

However, on average, Water Damage Restoration Franchise owners make $750,000 in revenue each year.

Is Water Damage Restoration Business Profitable?

Yes, the Water Damage Restoration Business is quite profitable. To make $750,000 in revenue, you only need 300 mitigation projects.

Which Is The Cheapest Water Damage Restoration Franchise To Own?

According to the options listed in this guide, 1-800 WATER DAMAGE is the most affordable franchise to own, starting at just $59,000, followed by 911 Restoration, starting at $70,100.

What Is The Profit Margin In Water Damage Restoration Industry?

The profit margin in the Water Damage Restoration Industr can be as high as 50%.

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