Franchise Spotlight: Restoration
In a recession-proof industry, restoration is a sector that is successfully franchised.
The restoration sector includes services that restore properties to their original state, including companies that provide surface and emergency repairs, heritage roofing, painting, cleaning and disaster response. They are generally ‘recession resistant’ services with initial low-level investments. As many of them are home or van-based, they do not require bricks and mortar locations to get started.
Consumers who contact restoration businesses following disasters such as floods or fires may need anything from cleaning services to complete remodeling to ensure their properties are returned to their original state. Franchisees will be part of an important industry helping people to restore their lives after unexpected disasters. Some businesses work alongside insurance companies who incorporate their services in claim settlements.
SERVPRO has over 1700 franchises in the United States and is expanding into Canada. Franchisees manage 24/7 emergency restoration specialists to provide fast relief following disasters. For those interested in learning the skills to provide services themselves, companies such as Doctor Screen provide franchisees with a turnkey business model, including all the tools, training and a mobile workshop.
Restoration Industry Analysis
Consumers tend to look for brand familiarity and experience before investing in costly restoration and so franchisees will benefit from the support of an established company and the marketing facilities at their disposal. For franchisees interested in working from home and managing a team of specialists, there are a wealth of options available. Excellent communication and business management skills will be vital as well as a passion for building good relationships with customers.
The restoration sector is a varied and interesting industry in which to work. For those franchisees who are passionate about delivering excellent customer service in a recession-proof industry, the market for restoration services is robust and profitable.