Voda is one of the fastest-growing restoration franchises in the country.

The highlights:

• $2.4M sales at the founding location
• Floor cleaning + restoration
• Recession-resistant business
• 80+ franchise owners

Let’s dive in:

Business Model

Voda has two core services: carpet cleaning + restoration.

Carpet cleaning provides consistent, predictable revenue that you can start getting immediately. You get paid for these jobs at the time of service.

Restoration (water, mold, fire remediation) jobs are higher tickets but less predictable. Since they are usually paid for by insurance, which takes 45-60 days.

Both services use the same water-extraction equipment & labor. This dilutes your fixed costs & increases your margins.

Earnings Potential

In the 2024 FDD Item 19 they provide a detailed P&L and mix of business for the founding location in Northern VA/DC market.

Over the last 3 years, the founding location sales have grown from $1.47M to $2.40M while increasing the net margin from 19% to 26%.

The FDD provides more details & context about this specific corporate location.

They also provide details on revenue and average ticket per service.

Start-Up Costs

The initial estimated investment is $176k to $257k for one territory of 85k owner-occupied homes. That includes the franchise fee, the van, tools, equipment, grand-opening marketing, working capital, & more.

They offer a discounted franchise fee on additional territories purchased upfront. They are SBA-approved, which means you only need ~30% down for roughly $75k

You can start the business from your garage to keep your overhead low. Eventually, you’ll move into a small warehouse space.

See Item 7 of the 2024 FDD for complete start-up cost details

Ideal Franchisee

They are looking for the “mayor of the town”

• Strong networking skills
• Involved in their community
• Leaders who implement a process

I just hosted one of their franchisees on my podcast. Jimmy quit his high-paying job to go all-in on Voda.

Today they have 82 franchisees and 200 territories across the country

Next Steps

​Complete this short form to learn more.

I'll check if your market is open and introduce you to the franchisor.

Plus, I'll send resources to help through due diligence. Doesn't cost you anything.

Cheers!

Brian

Brian Beers

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