Lightspeed Restoration
A Independent brand
About Lightspeed Restoration
Restoration companies clean, repair, and restore damaged homes and buildings after floods, burst pipes, mold, wildfires, home fires, and more. Lightspeed Restoration handles both residential and commercial properties, but homes account for the most business - making the home services industry a strong investment. Water damage restoration is the most profitable, followed by mold and fire damage. Lightspeed Restoration has a strong leadership team with over 125 years combined industry experience. Our franchise owners benefit from best-in-class training, cutting-edge business operations technology, exceptional marketing resources, and ongoing support. Their teams of IICRC-certified technicians also receive extensive training to address standing water, fire and smoke damage, mold, and indoor air quality issues for homeowners and commercial businesses.
Part of Home Franchise Concepts (HFC):
Lightspeed Restoration is backed by the strength and infrastructure of Home Franchise Concepts with over 30 years in franchising. Home Franchise Concepts is a subsidiary of JM Family Enterprises, a privately held company with $22B in annual revenues, providing leadership and stability like no other franchisor.
Watch Lightspeed Restoration
Inside Lightspeed Restoration
- Established
- 2023
- First Unit Franchised
- 2023
- Franchised Units
- 27
- Company Owned Units
- —
- States Registered In
- All, but HI
- Cash Investment
- —
- Total Investment
- $154,230- $334,000
- Minimum Net Worth
- $300,000
- Single Unit Franchise Fee
- $49,000
- Royalty
- 8-4%
- Ad
- <2% National Ad Fund
- Average Number of Employees
- Most start with a few techs. Then, scale to bring on an operations manager or sales person.
- Item 19
- Yes
- Home-Based
- No
- B2B
- Yes
- Master Franchise Opportunities
- No
- Veteran Discount
- 15% off Franchise Fee ($7,350)
- Financial Assistance Provided
- Yes, $22,000 at 10% over 5 years
- Site Selection Assistance
- Yes
- Lease Negotiation Assistance
- No
- Recruiting Assistance
- Yes
- Cooperative Advertising
- No
- Category
- Repair & Restoration
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