Everdry Waterproofing provides foundation repair and waterproofing services to protect homes and businesses from water damage. The franchise specializes in professional repairs and waterproofing solutions that prevent costly water-related issues for property owners.
Key Insights
- EverDry Waterproofing has a long-standing presence in the home improvement sector, providing solutions for basement and foundation issues. The business has developed established operational processes and customer service protocols over its history, building a recognized brand within its service area.
- The franchise operates through a network of independently owned and operated locations, each delivering comprehensive waterproofing services. This model involves trained technicians who diagnose and implement customized solutions for a variety of water intrusion problems affecting residential properties.
- The industry EverDry Waterproofing serves addresses persistent concerns for homeowners regarding structural integrity and potential damage caused by water. This sector focuses on preventative measures and repairs essential for maintaining property value and habitability.
Franchise Fee and Costs to Open
Exploring the financial picture of Everdry Waterproofing gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $127,550 - $244,550, along with a franchise fee of $25,000 - $150,000.
Financial Performance and Revenue
Training and Resources
Everdry Waterproofing provides comprehensive initial training to new franchisees. This program typically spans two weeks and takes place at Everdry's headquarters. The franchisor offers extensive resources covering all facets of the waterproofing business. Everdry Waterproofing recommends utilizing these tools for a strong operational foundation.
Legal Considerations
Legal considerations for a Everdry Waterproofing franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Navigating local market dynamics, including established competitors offering similar solutions, presents an initial consideration. The operational complexity of managing skilled labor, equipment maintenance, and customer service requires attention. Furthermore, reliance on consistent access to specialized materials and products from specific suppliers is a factor to monitor for smooth operations.
Franchise Datasheet
FAQs
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