1-800 WATER DAMAGE Franchise FAQs
Answers to common questions about the 1-800 WATER DAMAGE franchise opportunity
Below are answers to the most commonly asked questions about the 1-800 WATER DAMAGE franchise opportunity. If you don’t see your question answered, or have additional questions, fill out an application on this site and a member of our team will be in touch with you shortly. We can’t wait to learn more about you!
What is 1-800 WATER DAMAGE?
1-800 WATER DAMAGE is a growing franchise in the property restoration industry, offering water and flood damage restoration; mold damage remediation; fire and smoke damage restoration; sewage cleanup; and more. As we continue to add new locations, our team of dedicated experts are restoring properties for homeowners and business owners from coast to coast. The 1-800 WATER DAMAGE brand is fully supported by BELFOR Franchise Group, a reputable residential and commercial services franchisor.
How much does a 1-800 WATER DAMAGE franchise cost?
1-800 WATER DAMAGE offers an affordable franchise opportunity in the restoration industry. The total investment for owning a 1-800 WATER DAMAGE franchise ranges from $210,903 to $316,398. We proudly offer a 20% discount on the initial franchise fee to veterans and first responders interested in investing in a 1-800 WATER DAMAGE franchise. Reach out to us to learn more!
For a more detailed look at cost and investment information, please visit the Initial Investments and Startup Costs page.
What are the financial requirements for franchising with 1-800 WATER DAMAGE?
To franchise with 1-800 WATER DAMAGE, you will need to have the required minimum liquid capital of $75,000 and a net worth requirement of $150,000 to $200,000 to open your own business.
Will you help me secure financing?
Yes! We offer in-house financing options to qualified candidates to cover some of the initial investment costs. 1-800 WATER DAMAGE and BELFOR Franchise Group also have great relationships with third-party lenders to help eligible candidates secure the necessary funding to launch their businesses.
I’ve never owned a business before. Do you offer training and support?
Yes. We take great pride in offering comprehensive training and continuous support to both new and existing franchise owners. Our cutting-edge training facility in Ann Arbor, Michigan, serves as an invaluable resource. We offer in-person training, ongoing marketing support, financial coaching, professional branding, top-of-the-line equipment, and a 24/7 call center to ensure you never miss a call.
