Experience and valuation help with restoration/remediation franchise businesses

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by a searcher from University of Virginia-Darden - Darden School of Business
in Raleigh, NC, USA

2mos ago

Experience and valuation help with restoration/remediation franchise businesses

I am interested in learning more about the restoration and remediation industry, particularly franchisee businesses within the space. I'd love to compare notes about different brands, valuations, etc. If you have experience in this industry or have looked into it, please let me know. redacted

1 Like

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reply by a searcher 2mos ago
from University of Utah in Irvine, CA, USA

FYI, it's a tough business. From my experience, there is a lot of dishonesty from insurance companies to homeowners....and if you work with plumbers, good luck, haha. Unless you are part of a ServPro or very large brand like that with very consistent revenue, I'd avoid it. Or if you own a construction company and want to use it as a lead system for construction projects...that can also be good.

reply by a searcher 1mo ago
from College of William and Mary in Oldsmar, FL, USA

Thank you for the call out. Yes I tried to buy entire franchise brand, but did not go through. So I ended up buying equipment from a bankrupt company and sponsoring an operator to start our own Restoration business. Things are going well so far. Feel free to contact me to chat more.