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Jason Rager is President of Franchise Analyzer.

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Friday
Apr302010

Cure Water Damage Franchise

Water damage restoration services

Start-up Costs & Franchises Fees

What is the total cost to open a Cure Water Damage Franchises?

Total Cost: $124,000 USD
Total Franchise Fees: $25,000 USD -$50,000 USD
Ongoing Royalty Fees: 10%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $10K

Contact Information for Cure Water Damage

Cure Water Damage
1167 Mercer St.
Seattle, WA
98109

Phone Number: (206)381-3047
Fax Number: (206)381-3052

Franchise Homepage:

Historical Expansion

In what year did Cure Water Damage begin operations? 1988
When did Cure Water Damage begin selling franchises? 2002

Year United States Canada International Corporate
2004 14 0 0 1
2003 12 0 0 1
2002 8 0 0 1
2001 Not Available Not Available Not Available 1
2000 Not Available Not Available Not Available 1

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No Yes
Initial Start-up Capital No Yes
Plant, Property, and Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

3rd Party Financing Available? Financing Source(s): Coast To Coast Funding

Training & Support

Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Purchasing cooperatives
Marketing
Ad slicks

Franchise Operation Restrictions

This franchise can be run as a home based business franchise.

50% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 5

Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.