Top 100 Franchises
2014
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.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2012 | 275 | 4.17% | 0 | -- | 275 | 4.17% |
| 2011 | 264 | 11.39% | 0 | -- | 264 | 11.39% |
| 2010 | 237 | -- | 0 | -- | 237 | -- |
Investment Required
The initial franchise fee for a Rainbow International franchise is $28,000, plus $280 per 1,000 population for additional territory. Rainbow International provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $28,000 | $28,000 + $280 per 1,000 additional pop. |
| Vehicle | $2,000 | $39,000 |
| Equipment, Supplies & Inventory | $70,000 | $78,000 |
| Insurance | $7,500 | $15,000 |
| Advertising & Promotional | $1,500 | $4,000 |
| Expenses While Training | $5,500 | $9,000 |
| Deposits, Permits & Licenses | $1,675 | $3,100 |
| Professional Fees | $2,500 | $5,000 |
| Additional Funds (6-9 Months) | $30,000 | $60,000 |
| Total Initial Investment | $148,675 | $241,100 + additional franchise fee |
| (no required investments data found) |
Ongoing Expenses
Rainbow International franchisees pay a weekly license fee of 3-7% of gross sales, a weekly MAP fee of 2% of gross sales, and an advertising cooperative fee of up to 2% of gross sales. Additional fees include a training fee and the annual convention fee.
What You Get: Training and Support
Rainbow International offers a two-part training program for new managers and franchisees. Phase I involves three hours of classroom training, provided via webinar, video, or over the phone. Topics covered include website overview, budget planning, and office setup. Phase II of the training program combines both classroom and hands-on training methods, and takes place at the company offices in Waco, Texas. The second phase generally lasts about 15 days. Lastly, all trainees must complete 1-5 days of field training at a Rainbow International franchised business selected by the company. Rainbow International also offers optional training courses in specific fields such as: air duct training, mold remediation training, and EPA lead safe training.
Territory
Rainbow International does not grant exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2013 FDD.
