Rainbow International Restoration & Cleaning
Rainbow International Restoration & Cleaning
1020 N. University Parks Dr.
Waco, TX 76707
800#: (800) 280-9963
Tel: (254) 759-5850
Fax: (800) 209-7621
E-Mail: [email protected]
Web Site: www.rainbowintl.com/franchising
Contact: Ms. Pat Humburg, Lead Development Manager
RAINBOW INTERNATIONAL is an exclusive, worldwide restoration franchise organization. The RAINBOW INTERNATIONAL consists of a network of over 330 locations around the globe. Recognized by Entrepreneur Magazine as one of its Top Franchise 500 companies, Our franchisees offer a broad range of disaster services that range from water, fire and smoke damage restoration, to carpet and upholstery cleaning and deodorization. We maintain the highest standards of customer service and workmanship
Franchisor Background
Established: 1980
First Franchise: 1981
Franchise Units: 180
Company-Owned Units: 0
Total Units: 180
Distribution:
U.S. -- 165;
Canada -- 6;
International -- 9
-North America -- Operations in 44 States, 6 Provinces
-States/Provinces with Greatest Density: 37 in TX, 11 in CA, 11 in OH
Projected New Units Over Next 12 months: 24
Franchisee Qualifications: 3, 2, 4, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 2 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; FS, SF, SC, HB
(Click here for abbreviations)
Encourage Conversion: No
Financial Requirements
Cash Investment: $30K+
Total Investment: $95K+
Average Total Investment: $95.0K
Minimum Net Worth: $75K
Fees:
-Franchise: $22K
-Average Franchise Fee: $22.0K
-Royalty: 4-7%
-Average Royalty: 5.5%
-Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: Yes(D)
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 500+
On-Going Support: a,C,D,E,F,G,h,I (Click here for an explanation)
Training: 5 Days Waco, TX - Offered Every Month Except October.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: Japan, Middle East, Europe, Latin America
Note: NR = No Response by Franchisor.
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