How a Former Corporate Executive Found Success With The Fastest Growing Restoration Franchise
Restoration 1 Franchise Review: Meet Craig Nelson
There are two reasons why Restoration 1 is attracting so many former executives and corporate professionals to begin a new chapter as business owners: 1) the drive to be a positive force in the world by helping people in need and 2) the tremendous potential for financial rewards.
These are exactly the reasons that compelled Craig Nelson to leave his lucrative 30-year career in the corporate world for a fresh start as Restoration 1 franchise owner. As a former executive, Nelson already had the organizational, networking and leadership skills necessary to succeed in business. Rather than go into business alone, Nelson chose to franchise with a brand that was ideally suited to his skill set and had established the support infrastructure necessary to help him succeed.
“I spent the past 25 to 30 years in corporate America, and I was ready for a change,” Nelson says. “I did a lot of research on what franchises were the best matches to my skillset, and Restoration 1 was at the top of the list. Then I did a lot, and I mean a lot, of research on Restoration 1, uncovering everything I possibly could about the brand. The more I looked at it, the more I fell in love with it.”
Nelson’s high expectations for the Restoration 1 executive team were greatly exceeded when he signed the franchise agreement. Our training platform is one of the most robust in the entire $210 billion restoration industry, and we place special emphasis on financial awareness, getting established quickly and generating revenue.
“The executive team helps you gain traction really fast,” Nelson says. “There’s a lot of work that needs to happen before you go to training — obtaining business licenses, getting your equipment ordered and all that. I opened my doors on September 1 and by September 8 I had my first job. It was a cash job, too, which was really nice to put some money in the bank in a very short period of time.”
Restoration 1 is a high-margin, recession resistant business. Our nation’s aging infrastructure and homes, severe weather, and contemporary building practices on new homes and properties are all contributing factors to home and property damage due to water, fire and mold. Our reputation as a trustworthy, industry-leading restoration company is one of the reasons that our franchisees experience such high revenue. According to our most recent Franchise Disclosure Document, the average Restoration 1 franchisee earns about $1 million in revenue after 12 months in business.
“It’s much more than restoring people’s homes or their business, it’s restoring people’s lives,” Nelson says. “What this boils down to is you can really help people through some challenging times, and there’s really positive revenue streams too.”