Question 1

How much does it cost to open a 1-800 Water Damage franchise?

Accepted Answer

The total initial investment for a 1-800 Water Damage franchise ranges from $221K to $315K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the 1-800 Water Damage franchise fee?

Accepted Answer

The initial franchise fee for 1-800 Water Damage is $59K.

Question 3

What are the net worth requirements for a 1-800 Water Damage franchise?

Accepted Answer

Net worth requirements for 1-800 Water Damage are specified in the Franchise Disclosure Document.

Question 4

Does 1-800 Water Damage require a personal guarantee?

Accepted Answer

Yes, 1-800 Water Damage requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a 1-800 Water Damage franchise?

Accepted Answer

Equipment costs for a 1-800 Water Damage franchise range from $75K to $115K.