Rainbow Restoration is an award-winning restoration and remediation franchise that provides hope in the face of isolated accidents and natural disasters. Operating within a fast-moving industry that provides in-demand services, franchise owners enjoy a recession-resilient executive ownership model with personalized corporate support, protected territories, and an easy-to-follow system. Inquire to learn more about Rainbow Restoration and your path toward a flexible and fulfilling lifestyle!
What Does a Rainbow Restoration Franchise Cost?
To buy a franchise with Rainbow Restoration, you'll need to have at least liquid capital of $75,000 and a minimum net worth of $250,000. Franchisees can expect to make a total investment of $169,336 - $325,900. Rainbow Restoration charges a franchise fee of $40,000. They also offer financing via 3rd party as well as a discount for veterans (Rainbow Restoration offers 20% off of the initial franchise fee for qualified Veterans). *
Options available to franchisees:
|Financing:||Via 3rd party
|Veteran Discount:||Rainbow Restoration offers 20% off of the initial franchise fee for qualified Veterans
Facts about this franchise:
Starting a Restoration Business
Start a Business That Restores People’s Homes and Lives
The structural and emotional damage can be devastating for homeowners who have experienced a fire or flood. Unfortunately, these events are an inevitable part of life requiring the services of skilled professionals who can help restore people’s homes and lives.
If you simply consider the increasing trends of natural disasters, you can sense the widespread need for restoration services. According to Restoration & Remediation Online, our country had experienced the following events in 2020 alone:
- 13 hurricanes
- 30 tropical storms (record high)
- 31 tropical depressions (tied for the record)
- Wildfires in at least eight states
- A drought
- Three tornado outbreaks
Research firm IBS World predicts a strong forecast for the industry in its 2021 January report.
Discover what a career in restoration and remediation services can mean for your future and see how franchise ownership with Rainbow Restoration® can be your path to professional success.
Why Rainbow Restoration?
The Experience, Reputation, and Resources You Need!
You may have several options for starting your own property restoration business. And while this recession-resilient industry comes with competition; your success will depend heavily on a special set of tools. Rainbow Restoration welcomes you to explore our established support system to help you reach your goals.
Established in 1981, Rainbow Restoration is a global franchise organization dedicated to providing residential and commercial restoration and remediation cleaning services. Recognized by Entrepreneur Magazine among its Franchise 500®, Rainbow Restoration franchise owners offer a broad range of damage restoration services from over 330 locations worldwide.
What We Provide
- Integrated digital-centered marketing and operations support
- National reputation for excellence in the trusted Neighborly® franchise system
- The chance to restore hope to home and business owners affected by disasters
- Diversified service offerings such as carpet cleaning and contents removal
- ProTradeNet® vendor buying power
- Designated territory
- A values-based network that feels like family
An Award-Winning Franchise
Rainbow Restoration is one of the leading restoration companies in the industry, consistently recognized for its franchise strength and established systems.
- 330+ franchises Worldwide
- Entrepreneur Franchise 500
- Entrepreneur Franchise 500 for Veterans
- Franchise Times Top 200
- Franchise Business Review Satisfaction Award
- Global Franchise Awards Category Winner
- Franchise Direct Top 100 Global Award Winner
What We Do
Reach Your Potential with Rainbow Restoration
At Rainbow Restoration, we provide Water Damage, Fire Damage & Mold Restoration Services for our customers. Whether a burst pipe, fire or smoke damage, or the need for remediating mold, we help people overcome traumatic events and help put their lives back in order.
At Rainbow, our focus is on helping our franchise owners meet their professional and personal goals. We continually fine-tune our support systems to help you run a successful restoration franchise and live a more fulfilling life.
Because we're part of the Neighborly community of home services brands, you get unique perks, such as potential cross-promotions from fellow local brands, key networking opportunities, and lead generation support from the Neighborly app.
Our property restoration franchise offers diverse services, which vary slightly by location, but generally include:
- Water damage restoration
- Smoke and fire damage restoration
- Mold Removal
- Property reconstruction
- Cleanup services and odor removal
- Carpet cleaning
As a Rainbow franchise owner, you enjoy the benefits of following a results-driven business model designed to build sustainable profit. In other words, we have your back in this needs-based service industry.
You are our top priority
We understand that feeling secure in your business means being prepared, so we give you the information, tools, and resources you need to drive your success. You will have a dedicated Sure Start Consultant who will guide you through the opening of your Rainbow Restoration franchise, and once you are set up, you will have a dedicated Franchise Business Coach.
Our goal is to help you succeed
To do that, we provide you access to ongoing training and support in the following areas:
- Setting up office systems and day-to-day operations
- Technology training, including operation of our proprietary software systems
- Education in the Rainbow Restoration business systems, culture, and team development
- Tested marketing systems, local marketing plans, and access to marketing collateral
- Ongoing training and development
Preferred Vendor Discounts
At Rainbow Restoration, as part of Neighborly, we are excited to offer franchise owners the opportunity for membership in our preferred vendor discount and rebate program. ProTradeNet is an asset that greatly differentiates us from our competitors. With the power of this program, we can offer supplies and equipment to our franchise owners at discounted prices not available to independent business owners. In addition, we offer a rebate program, which has resulted in hundreds of thousands of annual rebates systemwide.
Regional and National Conferences
Rainbow Restoration and Neighborly offer regional and national conferences to allow franchisees to gather, share, and learn. There's nothing quite as valuable as franchise owners talking and sharing success stories with each other. In addition, every year, the home office provides training on best practices and highlights emerging trends and new technologies.
Why The Restoration Industry?
A History of Consistent Growth and a Lush Future
Being a business owner can be extremely rewarding, both professionally and personally, and this can be especially true in the property restoration industry. Natural and accidental disasters are inevitable, and there's ongoing opportunity to help people by starting a water and fire restoration business.
As noted in a recent article on industry trends found on Restoration and Remediation online, the restoration business is compelling for several reasons, including:
- Restoration is vital and needed regardless of economic or social influences.
- The health of the indoor environment is becoming more essential.
- Outside people, companies, and equity firms are realizing restoration is a great, long-term industry.
- Restorers are uniquely suited to diagnose, triage, and treat very challenging and unusual situations on a micro and macro level.
And research firm, IBIS World, notes the strong demand for restoration services.
Ideal Franchise Owner
Is Rainbow Restoration a Good Fit for You?
Owning and managing a disaster restoration business requires commitment and hard work, but it can be personally and professionally fulfilling. You help people through the most challenging times of their lives – the aftermath of a hurricane, a flood, a fire.
Rainbow Restoration franchise owners are prepared for mostly emergency-based work; they expect to start with hands-on management and grow into executive ownership. And they know they're supported along the way.
The core requirements for owning a franchise location (beyond the investment) are integrity, a big heart, and eagerness to succeed. If this sounds like you, let's take the next step.
Join a Top Restoration Business
You may have several options for opening your own property restoration business or growing your current one. But this recession-resistant industry comes with competition, and your success depends on a special set of tools. Rainbow Restoration welcomes you into our established support system to help you reach your goals.
"Having the support of other franchise owners and franchise consultants to bounce ideas or struggles off is priceless."
- Aaron Fischer
"I can call any other franchisee and have a discussion about some of the most discrete parts of my business. They’re willing to talk about this because we aren’t competitors. We’re all on the same team."
- Pat Riley
"You feel so good because you're out there trying to make a difference. You take the time and you listen to what they have to say."
- Navdeep Sandhu
"The training center is hands on and their trainers are the best in the industry."
- Melissa Tommerdahl
"Joining the Rainbow Restoration brand has facilitated time for my family and time for myself."
- Dallas Nevill
The Value of Neighborly
A Family of Top Franchises
Rainbow Restoration is proud to be a part of Neighborly, which is a community of independently owned and operated franchise businesses focused on repairing, maintaining, and enhancing properties. We began as Dwyer Group 40+ years ago, launching with a single home services brand. Today, we’re the world’s largest home services franchisor of 19 brands and nearly 5,000 franchises collectively serving 10 million+ customers across nine countries.
Though Neighborly is a large franchise system, our culture is close-knit with a family business atmosphere. We’ve successfully developed an effective franchise business model that works well for everyone involved, and one of the reasons why is because we encourage feedback from our franchise owners and invite them to participate in corporate-level decisions. We attribute our continued growth to this culture, and to teaching and upholding our company's values.
Rainbow 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 and Canada
Interested parties should have at least $75,000 in liquid capital to invest.
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