Prism Specialties - Franchise
Over the past 25 years, Prism has become the most trusted name in specialty restoration, largely thanks to the efforts of our 190+ territories and more than 30 franchise owners. Learn more now!
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $50,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $200,000 What does Net Worth mean? |
| Franchise Fee: | $84,000 What does Franchise Fee mean? |
| Total Investment: | $265,204 - $356,050 What does Total Investment mean? |
| Royalty Fee: | 7% |
Options
Options available to franchisees:
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
| Veteran Discount: | $5,000 off the Franchise Fee |
| Comprehensive Support: | Teams of subject matter experts are on your side including - Operations, Marketing, Sales) as well as a network of dozens of existing franchisees. Prism's elaborate JumpStart Training program is an industry differentiator that puts you on the path for success in 8-12 weeks. |
| SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
| Franchise Units: | 198 |
|---|---|
| Year Founded: | 1993 |
| Franchising Since: | 2012 |
What Does a Prism Specialties Franchise Cost?
Interested parties should have at least $50,000 in liquid capital to invest and a minimum net worth of $200,000. Franchisees can expect to make a total investment of $265,204 - $356,050. Prism Specialties charges a franchise fee of $84,000. They also offer financing via 3rd party as well as a discount for veterans ($5,000 off the Franchise Fee). *
The Opportunity
Becoming a Prism franchisee will allow you to create your own success story with a scalable business model in the recession-resistant restoration industry – and you don't even need any industry experience to get started. By offering specialty restoration services that typical restoration contractors don't provide, our franchisees help property owners salvage more of their valuable personal belongings while capturing revenue through diverse service lines.
Service lines primarily include textiles, art, electronics, though some of our locations do have experience with document restoration and more. Learn more about the reasons to invest and the unique ways Prism helps property owners following a storm, fire, or flood.
What Makes Prism Specialties Unique
- Established Industry Reputation: Trusted since 1993 as the leader in specialty contents restoration services.
- One-Stop Shop: Offers multiple service lines under one roof – textiles, art, and electronics.
- Flexible Ownership: Franchisees are not required to be on-call 24/7, allowing for work-life balance.
- Simple Business Model: A focused and efficient operation designed for ease of management.
- Specialty Niche Market: High-margin services in an underserved segment with few direct competitors.
- Resilient Business: A recession-resistant model serving essential needs for insurance carriers and property managers.
Ideal Candidate
- Sales-focused and driven to succeed
- Comfortable following a proven business model
- Strong relationship-building and service mindset
- Owner-operator mentality
Path to Ownership
If you're sales-focused, possess strong operational acumen, and have a talent for building relationships, you could be an excellent candidate for a Prism franchise. We are actively seeking new leaders to join our expanding franchise network, and are looking for leaders who thrive in a fast-paced, sales-oriented B2B environment.
Our thorough 4-step evaluation process introduces candidates to our business model and resources before any franchise is formally awarded. You can focus on building your specialty restoration service lines. With access to dozens of franchise owners around the country, and a dedicated Franchise Success Team, you'll find numerous opportunities for networking, goal-setting, and performance tracking.
4-Step Mutual Evaluation Journey
- Step 1: Discovery & Evaluation
- Step 2: Mutual Validation
- Step 3: Meet the Team Day (MTTD)
- Step 4: Franchise Awarded
About the Prism Brand
Over the past 25 years, Prism has become the most trusted name in specialty restoration, largely thanks to the efforts of our 160-plus franchisees. As a proud member of the International Franchise Association and a regular presence on the Entrepreneur 500 list, specialty restoration is not just our business – it's our identity.
