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Best Option Restoration

Disaster restoration
Investment
$185,894
Initial Franchise Fee
$35,000
Units
73
Growth Rate
+217.4%

Overview

Industry
Maintenance
Founded
2016
Franchising Since
2018
Parent Company
BOR Franchising LLC
Leadership
Kyle Chiasson, President
# of Employees at HQ
6

Units and Growth Chart

About Best Option Restoration

Best Option Restoration is a trusted leader in the disaster restoration industry. With an extensive franchise presence throughout the United States, the brand has a lot of expertise in disaster restoration services. These include water damage remediation, structural drying, mold remediation, damage re-construction, debris removal, contents cleaning, fire damage restoration, sewage remediation, dehumidification, and climate control.

Best Option Restoration may see success, which can be attributed to its vast qualifications in different and relevant aspects of the restoration industry. These include having a good track record, strict adherence to OSHA rules and regulations, and being licensed, bonded, and insured.

Best Option Restoration began franchising in 2018 and has opened over one dozen franchises in the United States.

Why You May Want to Start a Best Option Restoration Franchise 

Best Option Restoration focuses on helping the needy after a disaster. Best Option Restoration believes it has the right personnel and equipment to get the job done. If you value humanity and would love to help improve people's lives, especially after a disaster, becoming a Best Option Restoration franchisee may be a good idea because the franchise shares the same ideologies.

Opening a Best Option Restoration franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.

Best Option Restoration has been ranked in Entrepreneur's Top New Franchises. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

What Might Make a Best Option Restoration Franchise a Good Choice?

Best Option Restoration uses only certified IICRC & IRI technicians. It focuses on making its clients feel at home again after a disaster. Franchisees may benefit from exclusive territories, fairly low overhead, and a solid business model.

To be part of the Best Option Restoration team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

How to Open a Best Option Restoration Franchise 

The process of applying for a Best Option Restoration team may be straightforward. However, it is advisable to research Best Option Restoration before signing up for anything or making any commitments. While it is true that Best Option Restoration is a fairly well-known brand nationwide, it does not necessarily mean that it will do well in your community. You may also want to analyze the completion in your area. While competition can help you grow, too much of it may not allow for the most possible growth.

If awarded a franchise, franchisees may receive support from the Best Option Restoration brand throughout the franchising process. In addition to pre-opening training, Best Option Restoration franchisees receive support through brand awareness, marketing, research, and construction. They also receive hands-on training and continued support after their franchise location has opened.

Investment Details

Initial Franchise Fee
$35,000
Initial Investment
$185,894 - $230,444
Net Worth Requirement
$50,000
Cash Requirement
$50,000
Royalty Fee
7%
Ad Royalty Fee
2%
Technology Fee
$995/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
10% off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona California Colorado Connecticut District of Columbia Delaware Florida Georgia Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina Nebraska New Hampshire New Jersey New Mexico Nevada Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
International

Continents

Australia/New Zealand Europe (Western) Mexico

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
15 hours
Classroom Training
40 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

Ranking History

Best Option Restoration performance in the Franchise rankings over recent years

Additional Rankings

Curious to know where Best Option Restoration ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022