1-800 WATER DAMAGE is a Top Franchise to Buy
Franchise Time’s Top Franchise To Buy List
In the U.S., there are more than 780,000 franchises. For aspiring entrepreneurs who are looking for the best return on their investment, the sheer number of opportunities can be daunting, to say the least. That’s why Franchise Times, one of the premiere industry researchers, has come out with its respected “Zor Awards,” that identify the top franchises to invest in based on a robust analysis and ongoing data collection.
“The hunt for the right franchise concept can prove complicated and overwhelming, as prospective franchisees sift through thousands of brands in a multitude of industry segments,” Franchise Times reported. “Designed to cut through the sales jargon and marketing speak, the Zor Awards, now in its seventh year, provides a top pick and two runners-up in each of 10 categories. We focus on return on investment in this project, which means profitability for the operator rather than top-line sales. Top-performing franchises offer their honest insight and advice through interviews with the editorial team, and prospective owners can learn what it takes to drive sales and ultimately achieve success in each system. We also pull back the curtain on the franchisor-franchisee relationship as operators share what works and where they’d like to see improvement.”
Top Ranked Franchise
1-800 WATER DAMAGE, the experts at water and flood damage, mold remediation, sewage clean up, fire and smoke damage, as well as residential and commercial cleaning, was the clear cut winner in the “Dirty Jobs” category.
“In a growing segment and offering services such as water, fire and storm cleanup, there’s always a market for disaster restoration franchises, and numerous brands compete in the space,” the Franchise Times wrote. “Through our analysis, 1-800 WATER DAMAGE came out on top in the Zor Awards, as it showed a strong pace of openings—it went from 97 to 154 between 2019 and 2021. Boosting the brand’s success is the backing 1-800 WATER DAMAGE receives from its parent company, BELFOR Franchise Group, which owns several other home service concepts. The brand benefits from high awareness, and the easy-to-remember name gives franchisees an advantage in marketing. Franchisees have a great deal of support and connections through parent company BELFOR.”