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Established in 1981, Rainbow International Restoration & Cleaning is a global franchise organization providing residential and commercial restoration and cleaning services. Recognized by Entrepreneur magazine among its "Franchise 500," Rainbow International franchisees offer a broad range of damage restoration services (ranging from water, smoke and fire damage to carpet and upholstery cleaning and deodorization) to 330 locations worldwide. The new Rapid Structural Drying Network of Rainbow International has established a network of elite water loss mitigation franchises across the United States. Rainbow International is part of The Dwyer Group family of companies, which also includes Mr. Rooter, Aire Serv, Mr. Electric, Mr. Appliance, and Glass Doctor.
Franchisor Background
Year Established:
1980
Franchising Since:
1981
Operating Units:
Franchised Units:
203
100%
Company-Owned Units:
0
0%
______
_____
Total Operating Units:
203
100%
Geographic Distribution:
U.S.:
165
92.2%
In 40 States
Canada:
7
3.9%
In 2 Canadian Provinces
International:
7
3.9%
In 0 Foreign Countries
______
_____
Total:
179
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. California
9
2. Ohio
12
3. Texas
30
Registered in Following Registration States:
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$175K
Cash Investment:
$45K
Total Investment:
$$110.7-178.7K
Average Total Investment:
$145K
Fees:
Initial Franchise Fee:
$22K
Average Franchise Fee:
$48K
On-Going Royalty:
4-7%
Average Royalty:
4%
Advertising Fee:
2%
Average Number of Employees:
8 Full-time
Space Needs (in square footage):
N/A
Preferred Sites:
Free-standing Building, Storefront, Strip Center, Home-based
Other Sites:
Encourage Conversions?
Yes
Earnings Claims Provided?
No
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
Yes
Franchisee Association/Member:
Yes, Member
Size of Corporate Staff:
600
Site Selection Assistance?
Yes
Lease Negotiation Assistance?
No
Financial Assistance?
Yes, Direct
Marketing Support:
Co-Op Advertising:
Yes
National Advertising:
Yes
Regional Advertising:
Yes
Local Advertising:
Yes
Marketing Materials:
Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Radio Ads, Television Ads, Trade Show Exhibits
Additional Services:
Grand Opening, In-house Marketing, Newsletter, Online Extranet, Press Releases