911 Restoration logo

911 Restoration Franchise

Audited Financials
Restoration & Emergency ServicesEst. 2007Van Nuys, CA
www.911restorationfranchise.com
Financing Available

Risk Score

Pending analysis

Investment Range

$124,900 - $327,700

Franchise Fee

$18,850

Total US Locations

330

Business Summary

911 Restoration businesses provide emergency response services for property damage. This includes clean-up from fire, water, and mold damage, as well as mold inspections, sanitization services, construction, insulation, carpet cleaning, duct cleaning, and crawl space cleaning. 911 Restoration services both residential and commercial clients who need assistance with property maintenance and emergency situations.

Corporate History

911 Restoration Franchise Inc. was founded as a California corporation on March 15, 2007, and began offering franchises in the same year. The company's affiliate, 911 Restoration Enterprises, Inc., was incorporated in 2003 and operated a business similar to the franchised model from March 2003 until December 2012 when it sold the business to a franchisee. This affiliate has not offered franchises in this or any other line of business.

Financial Overview

Investment Range

$124,900 - $327,700

Franchise Fee (Low)

$18,850

Franchise Fee (High)

$49,000

Royalty %

9%

Marketing %

1%

Equipment Costs (Low)

$37,500

Equipment Costs (High)

$128,000

Working Capital

$75,000

Audited Financials

Yes

Offers Financing

Yes

Audit Opinion

Unqualified opinion

Financial Health Notes

The franchisor's financial condition, as shown in the financial statements, raises questions about 911 Restoration Franchise Inc.'s ability to provide ongoing services and support to its franchisees.

Financing Details

911 Restoration Franchise Inc. may offer to finance up to 50% of the Initial Franchise Fee, depending on the franchisee's qualifications. This financed amount must be repaid over 18 months, with interest charged at the prime rate plus 5% to 8%. For those acquiring Additional Franchised Territories, 911 Restoration Franchise Inc. may offer financing for the applicable Initial Franchise Fee with a 50% down payment, and the remaining balance paid in equal monthly installments over an 18-month period, with interest at the prime rate plus 2 points. Franchisees who accept financing will need to sign a Promissory Note, a Personal Guaranty, and a Security Agreement, granting 911 Restoration Franchise Inc. a security interest in the assets of their franchised business.

Performance Metrics

Total US Locations

330

Franchised Units

326

Corporate Units

4

Avg Square Footage

1,300

Franchising Since

2007

Agreement Terms

Initial Term

7 years

Renewal Term

7 years

Renewal Conditions

To renew with 911 Restoration Franchise Inc., franchisees must provide advance notice and fully comply with all obligations under their current Franchise Agreement, including satisfying all monetary debts and maintaining timely payments. They must also meet the then-current standards of the 911 Restoration System, adhere to the requirements of the current Franchise Agreement, and fulfill training certification requirements, including IICRC certifications for specific services. Franchisees must not be in default of any agreement and are required to sign a general release of claims. A renewal fee of $2,500 is payable, up to $7,500 for multiple franchises. Additionally, 911 Restoration Franchise Inc. reserves the right to re-evaluate and potentially modify the franchisee's territory based on current demographics, and the new Franchise Agreement may contain materially different terms and conditions.

Training & Support Program

Franchisor Assistance

911 Restoration Franchise Inc. provides comprehensive assistance to its franchisees. Before opening, 911 Restoration Franchise Inc. reviews and approves the site and lease, loans a copy of its 953-page Confidential Operations Manual, provides an initial training program lasting 14-18 days (which can be in-person, virtual, or hybrid), and offers written specifications for equipment, signs, and supplies from approved vendors. Ongoing support includes additional advisory assistance and training as needed, periodic modifications to the System, provision of proprietary materials and forms, mandatory participation in a Dispatch Center program for call management, and information on approved suppliers. 911 Restoration Franchise Inc. also administers a National Advertising Fund, conducts an annual mandatory conference, and manages Catastrophic Events claims.

Initial Training Hours

220

Training Location

Hybrid: Virtual, Franchisor headquarters in Van Nuys, California, Franchisee's location, Certified Flood House facility, or existing franchisee location

Ongoing Support

After opening, 911 Restoration Franchise Inc. provides additional advisory assistance and training as needed. This includes periodic telephone calls or visits to the franchised business to offer consultation, assess performance, and ensure compliance with System standards. Franchisees and their managerial personnel are required to attend an annual refresher training program, which may also include an annual conference or convention for further training and updates. Additionally, franchisees must participate in 911 Restoration Franchise Inc.'s Dispatch Center programs for call and job distribution.

Franchise Requirements

Ideal Candidate Profile

911 Restoration Franchise Inc. seeks qualified candidates for its franchise programs. This includes individuals or businesses already operating in similar emergency response service fields, with conversion franchisees needing an average annual gross revenue exceeding $400,000 for the prior three years. However, 911 Restoration Franchise Inc. also welcomes candidates with no prior industry experience. Qualified veterans of the United States Armed Services are encouraged to apply and may receive a discount. All franchisees must personally and directly exercise substantial supervision over their franchised business, or if an entity, ensure a majority equity holder or the CEO fulfills this role. Background checks are required for all prospective employees, and individuals with felony convictions cannot be hired.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

Yes

Min Years Experience

3

Operational Details

Location Type

Commercial

Owner Participation

Supervisory

Territory Type

Limited

Territory Size Requirements

911 Restoration Franchise Inc. defines territories based on population and geographic boundaries. Traditional and Conversion franchises are assigned territories with a population of approximately 250,000 to 350,000 people. Micro-Market franchises receive territories with a population ranging from approximately 100,000 to 249,999 people. The exact boundaries are determined using contiguous zip codes, town boundaries, or county boundaries, often depicted on a map, and population data is primarily obtained from the U.S. Census Bureau.

Staffing Notes

911 Restoration Franchise Inc. requires franchisees to maintain a competent, conscientious, and trained staff, adhering to System Standards for staffing levels, qualifications, training, dress, and appearance. Franchisees must conduct background checks on all prospective employees, and individuals with felony convictions cannot be hired. All employees are to wear designated uniforms and present a neat appearance. Furthermore, franchisees must ensure that at least one employee on their staff holds current IICRC certifications in WRT, AMRT, ASD, FSRT, and OCT categories.