1-800 Water Damage FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers qualified individuals the right to operate a business offering water damage restoration services, mold remediation, odor removal, fire, smoke and-related cleaning and remediation products and services utilizing the 1-800 WATER DAMAGE system.
Corporate Information
1-800 WATER DAMAGE International, LLC was formed on April 16, 2015, as a Delaware Limited Liability Company. Their principal business address is 731 Fairfield Court, Ann Arbor, MI 48108. Their parent is Belfor Franchise Group, LLC , a Michigan Limited Liability Company formed on July 3, 2007, a wholly owned subsidiary of Belfor (USA) Group, Inc., a Colorado corporation formed on June 9, 1995, and located at 185 Oakland Ave, Suite 150, Birmingham, Michigan 48009.
Investment
The total investment necessary to begin operation of a 1-800 WATER DAMAGE Business in a single Territory ranges from $210,903 to $316,398. This includes $114,000 to $119,950 that must be paid to the franchisor or its affiliates. The total investment necessary to begin the operation of a conversion 1-800 WATER DAMAGE Business is $71,203 to $294,548. This includes $42,300 to $99,000 that must be paid to the franchisor or its affiliates.