Lightspeed Restoration - Franchise
Get in on the ground floor franchise opportunity that is taking the $210 billon restoration industry by storm! Lightspeed Restoration is a new and emerging brand backed by experts in the restoration industry and is geared to become the go-to source for water and fire damage restoration services. Learn more about us today!
What Does a Lightspeed Restoration Franchise Cost?
To buy a franchise with Lightspeed Restoration, you'll need to have at least liquid capital of $100,000. Franchisees can expect to make a total investment of $154,980 - $253,500. Lightspeed Restoration charges a franchise fee of $49,000. They also offer financing as well as a discount for veterans (Qualified Veterans receive a 15% discount off the initial franchise fees. Ask for details.). *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $100,000 What does Liquid Capital mean? |
---|---|
Franchise Fee: | $49,000 What does Franchise Fee mean? |
Total Investment: | $154,980 - $253,500 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Available |
---|---|
Training: | Available |
Veteran Discount: | Qualified Veterans receive a 15% discount off the initial franchise fees. Ask for details. |
Franchisor Details
Facts about this franchise:
Total Units: | 7 |
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Year Founded: | 2023 |
Franchising Since: | 2023 |
Explore the Lightspeed Restoration Franchise OpportunityÂ
Floods, hurricanes, broken water mains and busted pipes, and other natural disasters including fires and tornadoes have made rapid response restoration services a $210 billion dollar industry. Every time disaster strikes your community, you can help pick up the pieces — and build a recession-resistant business at the same time — as a Lightspeed Restoration franchise owner.
As the owner of your own business, you will manage your team of IICRC-certified technicians who will be extensively trained to address standing water, fire and smoke damage, mold, and indoor air quality issues to deliver next-level of restoration services for homes and businesses. Our initial training takes place over a 13-15 day period, conducted virtually and in person at our Experience Center in Dallas:Â
State-of-the-art Flood House will be used to train franchisees and their teams on mold remediation and flood damage restoration. Â
Real-world simulation provides hands-on advanced mitigation and restoration techniques, various cleaning methods, and demonstrates use of the latest equipment and technology.Â
From administration, office set-up, and learning our impressive CRM system, to best practices for local area marketing, you will learn everything you need to know to start your restoration business strong.Â
What Sets Lightspeed Restoration Apart?
The Lightspeed Restoration leadership and support team has over 150 years of combined industry experience. We are a part of the Home Franchise Concepts family of brands. Home Franchise Concepts is one of the largest home services franchisors in North America and a subsidiary of JM Family Enterprises, Inc, a privately held company with $18B in annual revenues. We offer:Â
24/7 national call center support at no cost to the franchise owner.
Expertise on how to work with insurance companies to get projects completed (and franchisees paid) quickly.
Loans that keep your cash flow going during catastrophic events – without a credit check!
An equipment rental program offerings a heavy discount on renting additional equipment during a catastrophic event.
Ongoing support and coaching with setting business goals, sales strategies, and guidance on following the business model.
An annual convention to keep owners up to date on the latest in the industry, and networking opportunities with fellow franchise owners.
National marketing campaigns and lead-generating local area marketing campaigns.
Ideal Candidate
Ideal candidates should be problem solvers with a passion for helping people. Those with a knack for sales and customer service, and the ability to manage teams. No related industry experience necessary. We will train you!
Availability
Lightspeed Restoration is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $100,000 in liquid capital to invest.
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