Why To Invest In a Restoration Franchise
Advantages Of Opening A SERVPRO Franchise
It is an unfortunate fact that disasters continue to occur regardless of market conditions. As a result, the restoration industry keeps rolling even as other sectors of the economy slow down. Homeowners need habitable residences and commercial property owners need to maintain properties that can attract and retain tenants. Learn more about the advantages of opening a SERVPRO franchise near Oak Tree Village, TX.
There Is Consistent Demand for Services
Rates of fire, water and storm disasters remain relatively consistent year-over-year. Here are several statistics to give a sense of the size of this market:
- The U.S. Fire Administration reports over 1 million fires every year
- The National Flood Insurance Program has over 5 million policies in force
- The National Oceanic and Atmospheric
- Administration reports an average of 1,000 tornadoes per year
These metrics indicate steady demand for damage restoration from fires, flooding and storm damage across the United States. Preferred Vendors in a major restoration company are most likely to be called on during disaster recovery.
Restoration Firms Are Local Businesses
Opening a locally owned SERVPRO franchise is a good way to engage in the local economy with the backing of a large national company. Owners, operators and employees help out with disaster response and recovery close to home and can rely on an extensive network for support.
Franchises Can Join a Large Network
Over 1,700 franchise locations in North America are affiliated with SERVPRO. Membership in this corporate restoration network can be helpful when it comes to responding to large losses or making it easier for owners and employees to get certified through Institute of Inspection, Cleaning and Restoration Certification programs.
Opening a restoration company is a smart decision, but any business without a corporate network is less protected than a franchise in a large family. SERVPRO franchise owners have access to the resources they need to compete and succeed.