United Water Restoration Group Franchise Prices, Charges, Revenues, Earnings (2023 Evaluation)

On this unique Franchise Chatter FDD Discuss publish, you’ll be taught the next:

Part I – Estimated preliminary funding (franchise prices) for a United Water Restoration Group franchise, primarily based on Merchandise 7 of the corporate’s 2022 FDD

Part II – Preliminary franchise payment, royalty payment, and advertising payment for a United Water Restoration Group franchise, primarily based on Objects 5 and 6 of the corporate’s 2022 FDD

Part III – Variety of franchised and company-owned United Water Restoration Group retailers at first of the 12 months and the tip of the 12 months for 2019, 2020, and 2021, primarily based on Merchandise 20 of the corporate’s 2022 FDD

Part IV – Information updates on the United Water Restoration Group franchise alternative

Part V – Presentation and evaluation of United Water Restoration Group’s monetary efficiency representations (common revenues and/or earnings), primarily based on Merchandise 19 of the corporate’s 2022 FDD, together with data on the:

• 2021 common, median, highest, and lowest income per job and product sales for the highest 25%, high 50%, high 75%, backside 75%, backside 50%, and backside 25% of the 11 company-owned United Water Restoration Group companies that have been open the complete 12 months of 2021

• 2021 common, median, highest, and lowest income per job and product sales for the highest 25%, high 50%, high 75%, backside 75%, backside 50%, and backside 25% of the 16 franchised United Water Restoration Group companies in Canada and the US that have been open the complete 12 months of 2021

• 2021 common, median, highest, and lowest income per job and product sales for the three franchised United Water Restoration Group companies that operated throughout the complete 2021 calendar 12 months and employed a full-time marketer throughout the complete 2021 calendar 12 months

Part VI – Key ratios, comparables, computations, and analyses for the United Water Restoration Group franchise alternative (unique content material for Platinum subscribers)

Part I – United Water Restoration Group Franchise Prices

• United Water Restoration Group franchise prices (workplace/warehouse outlet), primarily based on Merchandise 7 of the corporate’s 2022 FDD:

• Preliminary Franchise Payment:  $49,000 to $210,000
• Deposits (Lease and Utility):  $950 to $2,500
• Lease (3 Months):  $2,850 to $6,300
• Month-to-month Utility Prices (3 Months):  $450 to $750
• Leasehold Enhancements:  $0 to $9,000
• Signage:  $2,500 to $10,800
• Automobiles:  $16,200 to $66,500
• Opening Gear, Instruments, Stock, and Provides Package deal:  $35,335 to $62,144
• Workplace Furnishings, Gear, and Provides:  $1,000 to $5,655
• Pc {Hardware} and Software program:  $6,800 to $12,050
• Payroll Service Payment (3 Months):  $375 to $450
• Answering Service Payment (3 Months):  $0 to $720
• Uniforms:  $320 to $620
• Enterprise Licenses and Permits:  $1,000 to $2,000
• Affiliation Charges:  $474 to $724
• Authorized, Accounting, and Skilled Charges:  $600 to $1,750
• Insurance coverage:  $3,000 to $8,000
• Preliminary Advertising and Promotion:  $8,000 to $11,291
• Native Promoting and Promotion:  $9,000
• Coaching Bills:  $4,000 to $8,000
• Extra Funds/Working Capital (3 Months):  $15,000 to $80,000
• Whole Estimated United Water Restoration Group Franchise Prices:  $156,854 to $508,254

Part II – United Water Restoration Group’s Preliminary Franchise Payment, Royalty Payment, and Advertising Payment

• United Water Restoration Group’s preliminary franchise payment, royalty payment, and advertising payment, primarily based on Objects 5 and 6 of the corporate’s 2022 FDD:

• Preliminary Franchise Payment:  $49,000 (1 territory) to $210,000 (6 territories)
• Royalty Payment:  the better of the Minimal Royalty per 12 months (12 months 1: $10,000; 12 months 2: $22,000; 12 months 3: $25,000; 12 months 4: $28,000; and 12 months 5 and thereafter: $30,0000) or 6% of annual Collected Income
• Model Improvement Fund Contributions:  the better of $450 per 30 days or the proportion of Collected Income the franchisor units, however no more than 2%; not presently charged
• Co-op Contributions:  as decided by the Co-op, to not exceed 1% of Collected Income, except Co-op votes for the next quantity

Part III – Variety of Franchised and Firm-Owned United Water Restoration Group Shops

Franchised

2019

• Shops on the Begin of the 12 months:  5
• Shops on the Finish of the 12 months:  13
• Web Change:  +8

2020

• Shops on the Begin of the 12 months:  13
• Shops on the Finish of the 12 months:  17
• Web Change:  +4

2021

• Shops on the Begin of the 12 months:  17
• Shops on the Finish of the 12 months:  20
• Web Change:  +3

Firm-Owned

2019

• Shops on the Begin of the 12 months:  13
• Shops on the Finish of the 12 months:  11
• Web Change:  -2

2020

• Shops on the Begin of the 12 months:  11
• Shops on the Finish of the 12 months:  11
• Web Change:  0

2021

• Shops on the Begin of the 12 months:  11
• Shops on the Finish of the 12 months:  11
• Web Change:  0

Part IV – Information Updates on the United Water Restoration Group Franchise

Part V – Monetary Efficiency Representations (Common Revenues and/or Earnings) for the United Water Restoration Group Franchise (Merchandise 19, 2022 FDD)

Half 1 – Firm-Owned United Water Restoration Group Companies

• The franchisor compiled the Collected Income (that are unaudited figures) from the company-owned United Water Restoration Group Companies which provide considerably the identical providers to the general public as the kind of Enterprise the franchisor franchises.

• The United Water Restoration Group Companies have entry to lots of the similar providers as these the franchisor gives to new franchisees. The franchisor shares personnel and sure different property and sources with the company-owned United Water Restoration Group Companies.

• The next figures are primarily based on historic outcomes of Collected Income from the franchisor’s company-owned United Water Restoration Group Companies for the calendar 12 months ended December 31, 2021, that have been open the complete 12 months, which accounted for 11 out of 11 models.

A. Common Income Per Job

• Variety of Areas:  11
• Common Income Per Job:  $4,254
• Variety of Areas That Exceeded Common:  6
• Proportion of Areas That Exceeded Common:  54.5%
• Highest:  $5,948.59
• Lowest:  $3,446.86
• Median:  $4,483.34

B. Common Gross Gross sales

Prime 25%

• Variety of Operators in Group:  3
• Common Gross Gross sales:  $2,686,132
• Variety of Areas That Exceeded Common:  2
• Proportion of Areas That Exceeded Common:  67%
• Highest:  $3,057,574
• Lowest:  $2,198,497
• Median:  $2,802,324

Prime 50%

• Variety of Operators in Group:  6
• Common Gross Gross sales:  $2,074,632
• Variety of Areas That Exceeded Common:  3
• Proportion of Areas That Exceeded Common:  50%
• Highest:  $3,057,574
• Lowest:  $1,118,301
• Median:  $2,050,583

Prime 75%

• Variety of Operators in Group:  9
• Common Gross Gross sales:  $1,700,314
• Variety of Areas That Exceeded Common:  4
• Proportion of Areas That Exceeded Common:  44%
• Highest:  $3,057,574
• Lowest:  $762,523
• Median:  $1,368,429

Backside 75%

• Variety of Operators in Group:  9
• Common Gross Gross sales:  $1,185,841
• Variety of Areas That Exceeded Common:  3
• Proportion of Areas That Exceeded Common:  33%
• Highest:  $2,198,497
• Lowest:  $542,100
• Median:  $1,071,518

Backside 50%

• Variety of Operators in Group:  6
• Common Gross Gross sales:  $867,162
• Variety of Areas That Exceeded Common:  3
• Proportion of Areas That Exceeded Common:  50%
• Highest:  $1,118,301
• Lowest:  $542,100
• Median:  $891,759

Backside 25%

• Variety of Operators in Group:  3
• Common Gross Gross sales:  $664,053
• Variety of Areas That Exceeded Common:  2
• Proportion of Areas That Exceeded Common:  67%
• Highest:  $762,523
• Lowest:  $542,100
• Median:  $687,535

• There aren’t any materials monetary and operation traits of the company-owned retailers which might be moderately anticipated to vary materially from future operational franchise retailers.

Half 2 – Franchised United Water Restoration Group Companies

• The next figures are primarily based on historic outcomes of Collected Income from franchisee United Water Restoration Group Companies in Canada and the US for the calendar 12 months ended December 31, 2021, that have been open the complete 12 months, which accounted for 16 out of 20 models (4 models didn’t function the complete calendar 12 months and have been due to this fact excluded).

A. Common Income Per Job

• Variety of Areas:  16
• Common Income Per Job:  $4,906
• Variety of Areas That Exceeded Common:  7
• Proportion of Areas That Exceeded Common:  43.75%
• Highest:  $19,432
• Lowest:  $2,657
• Median:  $4,483

B. Common Gross Gross sales

Prime 25%

• Variety of Operators in Group:  4
• Common Gross Gross sales:  $1,762,463
• Variety of Areas That Exceeded Common:  2
• Proportion of Areas That Exceeded Common:  50%
• Highest:  $2,176,904
• Lowest:  $1,017,311
• Median:  $1,766,298

Prime 50%

• Variety of Operators in Group:  8
• Common Gross Gross sales:  $1,394,751
• Variety of Areas That Exceeded Common:  3
• Proportion of Areas That Exceeded Common:  38%
• Highest:  $2,176,904
• Lowest:  $713,207
• Median:  $1,320,403

Prime 75%

• Variety of Operators in Group:  12
• Common Gross Gross sales:  $1,082,318
• Variety of Areas That Exceeded Common:  6
• Proportion of Areas That Exceeded Common:  50%
• Highest:  $2,176,904
• Lowest:  $281,652
• Median:  $1,047,249

Backside 75%

• Variety of Operators in Group:  12
• Common Gross Gross sales:  $542,522
• Variety of Areas That Exceeded Common:  6
• Proportion of Areas That Exceeded Common:  50%
• Highest:  $1,300,454
• Lowest:  $125,223
• Median:  $483,267

Backside 50%

• Variety of Operators in Group:  8
• Common Gross Gross sales:  $300,263
• Variety of Areas That Exceeded Common:  3
• Proportion of Areas That Exceeded Common:  38%
• Highest:  $581,614
• Lowest:  $125,223
• Median:  $223,300

Backside 25%

• Variety of Operators in Group:  4
• Common Gross Gross sales:  $143,077
• Variety of Areas That Exceeded Common:  2
• Proportion of Areas That Exceeded Common:  50%
• Highest:  $164,949
• Lowest:  $125,223
• Median:  $141,068

• Whole income means the precise product sales proceeds acquired in the course of the 12 months; not the quantity billed which may very well be better or lesser, and is similar time period because the Collected Income on which you’ll base royalty funds to the franchisor.

Half 3 – Franchised United Water Restoration Group Companies with Full-Time Marketer

• The beneath figures are primarily based on Franchisees who operated throughout the complete 2021 calendar 12 months and employed a full-time marketer throughout the complete 2021 calendar 12 months which accounted for 3 out of 16 models.

A. Common Income Per Job

• Variety of Areas:  3
• Common Income Per Job:  $5,807.54
• Variety of Areas That Exceeded Common:  1
• Proportion of Areas That Exceeded Common:  33%
• Highest:  $7,916
• Lowest:  $4,337
• Median:  $4,337

B. Common Gross Gross sales

• Variety of Areas:  3
• Common Gross Gross sales:  $1,903,167
• Variety of Areas That Exceeded Common:  2
• Proportion of Areas That Exceeded Common:  67%
• Highest:  $2,176,904
• Lowest:  $1,468,136
• Median:  $2,064,461

• Some retailers have earned this quantity. Your particular person outcomes might differ. There isn’t any assurance that you simply’ll earn as a lot.

• The figures the franchisor presents are primarily based on the money foundation of accounting and conform to typically accepted accounting ideas. The statements are the product of the accounting software program program and system the franchisor makes use of for its operations.

• The gross sales of United Water Restoration Group Companies don’t seem like affected by seasonality.

• The Collected Income proven doesn’t embody any bills that additionally, you will incur in working your United Water Restoration Group Enterprise, in addition to royalties, model improvement contributions, and different charges due the franchisor.

Part VI – United Water Restoration Group Franchise Ratios, Comparables, Computations, and Analyses (Unique Content material for Platinum Subscribers) ⬇️