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WHICH TERRITORIES ARE
STILL AVAILABLE?

WATER RESTORATION

W

ater damage restoration is the bread and butter of the restoration industry. This service accounts for the vast majority of most restoration business. This is largely due to the fact that water has many different opportunities to find its way into a house or a business. From extreme storms that cause flooding to old, leaky pipes that leave rooms flooded. Water damage can find its way into a building in many different ways. It can happen during any time of the day and during any time of the year. Water restoration comes with a nice profit margin (some of the highest in the industry) and allows you to go to a client’s property when they need you the most.

The Facts About Water Restoration

  • The annual cost to insurance companies from water damage and mold is over $2.5 billion.
  • The average cost of a home water damage claim amounts to $6,965.
  • Over 14,000 people in the United States experience a water damage emergency at home or work every day.
  • 37% of homeowners claim to have suffered losses from water damage.
  • 98% of basements will experience some form of water damage in their lifespans.

Water Leak Facts

Water leaks are frequent and can go unnoticed for some time before becoming a noticeable issue:

  • Over a Trillion Gallons – Each year, over 1 trillion gallons of water are leaked at homes.
  • 1 in 50 – 1 in 50 homeowners file a water damage claim every year.
  • Mold Growth – Mold colonies quickly follow along after any water leak or damage. These colonies can grow in as little as 24 hours and spread through multiple rooms.
  • 250 Gallons – 250 gallons of water can leak out from a 1/8" crack in a pipe daily.

Water damage is one of the most common damages from around the world. It can come in from many different avenues and can occur at any time. Water damage restoration makes up a large percentage of the work accomplished by restoration companies. It is a great service to provide in a community that has some of the highest profit margins in the industry by a large percentage. Not only does water damage restoration provide a healthy profit margin, but it is also a necessary service due to the commonality of this type of damage. Water heaters fail, washing machines experience failure, aging pipes crack, and storms with intense rain happen. Natural occurrences, as well as aging machines or systems, can cause water to quickly rush into one's house or business, causing it to become a dangerous environment. In instances like this, water damage restoration services provide a means to safely returning a building back to a state of normalcy.

INTEGRITY HONESTY DEPENDABILITY

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.

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