The decision to pursue your own career is a great first step! The next question is, how? There are two ways to do that: You can open independently and take on all the responsibilities yourself, or you can partner with a franchisor like PuroClean.
Joining a franchise system allows you many benefits that you wouldn’t otherwise enjoy; our property restoration franchise cost represents a smart opportunity to break into a recession-resistant industry and meet the needs of your community through multiple revenue streams. Is owning a franchise profitable and how can PuroClean empower you to be successful? Let’s look at the PuroClean investment more closely, and what that investment gets you.
How Much Does It Cost to Start a Restoration Company?
Starting any new business requires an investment of time and financial resources, and a PuroClean opportunity is no different. We’ve helped hundreds of new franchise owners begin their PuroClean businesses, so we have a good idea about what startup costs look like and what you should prepare for. We estimate the total property restoration franchise cost to open your PuroClean franchise doors to be between $175,000 and $200,000, which can vary, depending on your location, your inventory and vehicle costs. This amount pays for your initial training, as well as for that of select technicians and team members and takes into account just about everything you’ll need to get going, including:
- Our one-time franchise fee: $59,000 (Includes technology package)
- Equipment package: $65,000*
- Working Capital: $30,000+
- Vehicle Costs: $65,000 base purchase price (cost varies, purchase or lease options)*
* approximate costs, actual costs may vary
Additionally, because we know that financial stability is key to starting your business off on the right foot, we require that franchise partners demonstrate a minimum net worth of between $200,000 and $250,000 and minimum liquidity of $70,000, with access to $150,000 if necessary.
Multiple Ways to Help Your Community
PuroClean is extremely proud to offer investors not only the opportunity to take advantage of a recession-resistant industry but a proven business model that leverages multiple revenue streams. PuroClean is one of the best franchises for veterans, and it also appeals to a broad spectrum of entrepreneurially-minded people, from white-collar professionals to first responders, tradesmen and more. What does a remediation company do exactly? Our comprehensive fire and water restoration training will enable you to make the most of our property damage restoration services, including:
- Water damage restoration
- Fire and smoke damage restoration
- Mold removal
- Biohazard cleanup services, including COVID-19 cleaning
- Reconstruction services
Our franchise opportunity will also allow you to provide additional services that include air duct and vent cleaning, tile and grout cleaning, and other valuable commercial services, including an important COVID cleaning service that is proving essential to homes and business across the country.
Being There for Others
We’ve heard it many, many times, from many, many PuroClean franchise partners – what they love most about being part of the PuroClean brand family is being able to be there for their community and their neighbors in times of great need. Nobody wants to see their most important investment — their home — suffer damage due to manmade or natural disasters.
The PuroClean team is there when people need them most, helping them navigate the process of moving forward and getting back to life as normal. Each and every one of our franchise owners are heroes in their communities, helping property owners to overcome the often-devastating setbacks of fire, water, mold and other conditions.
If you’d like to find out more about our property restoration franchise cost, we’d love to hear from you, so please reach out today!