Paul Davis Restoration Franchise Cost & Requirements 2024

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About Paul Davis Restoration


Liquid Capital: $250,000

Net Worth Requirement: $501,000

Franchise Fees: $50,000

Royalty: 4%

Training and Support: Available

Home Office: Jacksonville, FL

CEO: Richard Wilson

Paul Davis Restoration

Investement Range $285,800 - $737,400


Paul Davis Restoration is a leader in the property damage restoration and recovery industry, known for its commitment to providing high-quality and timely services to restore properties and lives after disasters. Since its inception as a restoration company in 1966 and franchising since 1972, Paul Davis Restoration has built a reputation for excellence, innovation, and customer service, making it a top choice for entrepreneurs looking to make a significant impact in their community.

Why Choose Paul Davis Restoration?

  • Established Industry Presence: With over 50 years in business, Paul Davis Restoration is a trusted name in the insurance restoration industry. As North America's leading insurance restoration network, they have established relationships with major insurance companies.
  • Comprehensive Support and Training: Franchisees benefit from a 3-year launch program, a regional marketing manager to help develop their market. Over 8 weeks of best-in-class initial training, with a combination of classroom, online and field training.
  • Strategic Insurance Relationships: As a preferred vendor for major insurance carriers like Liberty Mutual, Safeco, Allstate, Progressive, Chubb, and others, Paul Davis ensures a steady stream of leads and revenue.
  • Commitment to Excellence: The company’s focus on strong business management skills, problem-solving abilities, empathy, and the drive for success aligns with its goal to provide the best service to customers.
  • Products and Services: Including a wide range of services to repair and clean up damage to residential, institutional and commercial properties due to storm, mold, water, fire or other disasters.

Ideal Franchisee Profile

Paul Davis Restoration is looking for prospective franchisees who are eager to operate a franchise business that makes a real difference in people's lives. Ideal candidates should:

  • Driven by a Desire to Help: Passionate about assisting others during their times of need and committed to restoring not just properties but also lives.
  • Business and Leadership Skills: Equipped with strong business management and leadership abilities to oversee and grow the franchise effectively, focusing on improving bottom lines and achieving sustained success.
  • Customer-Centric Approach: Focused on empathy for the customer and dedicated to providing the highest level of service.
  • Community and Network Oriented: Skilled in building long term relationships with insurers, clients, and the local community to enhance business opportunities.

Frequently Asked Questions

  1. What is the success rate of Paul Davis franchises? Paul Davis boasts an impressive success rate of over 97% for its franchises. This success is deeply ingrained in the business model, which is designed to foster and support thriving franchise locations.
  2. How do relationships with insurance and commercial accounts benefit franchisees? As North America’s leading insurance restoration network, Paul Davis has established strong relationships with national insurance and commercial accounts. These connections provide a steady stream of business opportunities for each franchise, ensuring consistent revenue and growth.
  3. How does Paul Davis stay ahead in the industry? Ongoing research and training on improved methods keep Paul Davis at the forefront of the restoration industry trends. The commitment to innovation ensures that franchisees have access to the latest techniques and best practices, giving them a competitive edge.
  4. Will my franchise compete with other Paul Davis locations? No, Paul Davis follows a market dominance strategy rather than market saturation. Your franchise will not compete against other Paul Davis locations, allowing you to focus on building a strong, successful business without internal competition.
  5. How is the Paul Davis business model designed to build wealth? The Paul Davis business model is designed to create wealth by building large, sustainable businesses. Tools, support, and strategies are provided to help grow each franchise into a significant and profitable enterprise.
  6. What kind of support can I expect from the home office? Paul Davis provides a highly supportive franchise systems, with a ratio of 1:10 office personnel to franchise owners. This ensures personalized attention, robust support, and easy time management, helping your franchise succeed while allowing you to focus on what matters most.
  7. How does Paul Davis help retain top employees? Paul Davis prioritizes collaboration, effective training, and transparent operations to help you retain your top employees. By promoting a positive and supportive work environment, team members remain motivated and committed.

 

Searching for more information? Download the 2024 Paul Davis Restoration Franchise Disclosure Document FDD below.

Paul Davis Restoration FDD 2024

 

 

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This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by the franchise only in a state if first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if provided with an appropriate franchise disclosure document.

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