n 2019, the total amount of money loss accrued from fires came out to a whopping $14.8 billion, which is a 74% increase from 2010. Fires are happening more often and are costing home and business owners more and more through the years. In 2019, a fire department responded to a fire an average of every 24 seconds. A home fire was reported every 93 seconds. Fire damage restoration is another staple point of our restoration franchises. Though these jobs typically make up a smaller percentage of workload, they are necessary service not only to a franchise but also to your community. When a fire strikes a building, it’ll need restoration services to return to a state of normalcy, even in the cases of smaller fires.
Smoke damage can be just as ruinous as fire damage:
Even after less intense fires, some form of restoration may be required. As the old saying goes, where there's smoke, there's fire. Smoke damage accounts for another large chunk of our restoration franchises. Smoke poses a unique concern as this type of damage does not end with the fire itself. Smoke damage can root itself into porous materials and cause lingering damages that cause further deterioration over time. Fire and smoke damages are cause for concern. On one hand, you have a type of damage that can legitimately cause structural integrity concerns, on the other, you have something that can cause affected areas to have potent scents that cause further damages. Fire damage restoration services are a necessary service that communities all across the world require. These services provide a hefty revenue stream as well as an imperative service to the community you serve.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. Franchise offerings are made by Franchise Disclosure Document only.