Restoration Insurance Billing Source

We are a third party estimating/billing/AR company for all kinds of insurance restoration contractors. Water restoration, mold/fire/hazmat remediation and reconstruction.

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Restoration Insurance Billing Source

Restoration Insurance Billing Source Franchise Cost and Requirements for 2024

Background

There are no other franchises similar to what we do. The business is a recession proof business as we are only dependent on their being insurance claims. It does not take a huge volume of business to be successful. There are approximately 4 other companies similar to us in the industry. There is no saturation as our clients are insurance restoration contractors of which there are thousands in every city.

Company Details

Established: 2015
First Unit Franchised: 2019
Franchised Units: 0
Company Owned Units: 1
States Registered In: See FDD
Canada Franchises: No
International Franchises: No

Support and Training Offered By Restoration Insurance Billing Source

Financial Assistance Provided: Yes
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: Yes
Co-Operative Advertising: No
Training: Varies depending on back ground. Somebody with industry experience we can offer training right from their own home. Somebody without industry experience we have a 4 day class in Orlando. After class/training and for the first 30 days we give the franchisee live files to work with us overseeing and training.

Since we are providing the software at 6 dollars for every new file we have access to continue to instruct and help even after the 30 days is up.

2024 Franchise Requirements Needed to Own a Restoration Insurance Billing Source Franchise.

What does a Restoration Insurance Billing Source Franchise Cost?

Restoration Insurance Billing Source franchise fees for 2024:

Cash Investment: $30,000
Total Investment: $40,000
Minimum Net Worth: $30,000
Franchise Fee: $30,000
Royalty: 10%
Ad: 1%
Average Number of Employees: 3
Item 19: Yes
Visa Candidates: No
Passive Ownership: No
Home Based: Yes
B2B: Yes
Master Franchise Opportunities: Yes
Veteran Discount: Yes

Is Restoration Insurance Billing Source a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Restoration Insurance Billing Source is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Restoration Insurance Billing Source a Home Based franchise?

Yes. Restoration Insurance Billing Source is a home based franchise opportunity.

What Do Restoration Insurance Billing Source Franchise Owners Make?

Click here to find out how much Restoration Insurance Billing Source franchisees make. Restoration Insurance Billing Source offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Restoration Insurance Billing Source a Master Franchise Opportunity?

Yes. Restoration Insurance Billing Source is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Restoration Insurance Billing Source Offer a Veteran Discount?

Yes. Restoration Insurance Billing Source franchise does offer a veteran discount.

Does Restoration Insurance Billing Source Work with E2 Visa and EB-5 Visa Candidates?

No. Restoration Insurance Billing Source franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Restoration Insurance Billing Source Looking for Franchisees in Canada?

No. Restoration Insurance Billing Source franchise is not looking for Canada franchisees.

Is Restoration Insurance Billing Source Looking for International franchisees?

No. Restoration Insurance Billing Source franchise is not looking for International franchisees.

Where can I see Restoration Insurance Billing Source's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Business Opportunities, Management & Training, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$25,000 - $50,000

Master Franchise

Yes

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Restoration Insurance Billing Source Franchises for Sale

Click Here to inquire about existing Restoration Insurance Billing Source franchises for sale. We may have Restoration Insurance Billing Source franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.