Lightspeed Restoration provides emergency restoration services for properties damaged by fire, water, mold, or other disasters, offering rapid response and efficient restoration solutions to minimize damage and restore properties to pre-loss condition.
KEY FRANCHISE STATS
Franchisees
?
19
+
n.a.
n.a.
Franchise fee
?
$5,000
Investment
?
$154,000 - $253,000
Revenue (AUV)
?
Undisclosed
$0
+
n.a.
n.a.
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Lightspeed Restoration is a water and fire damage restoration franchise founded in 2023. It was established in Flower Mound, Texas, where it also maintains its headquarters at 777 International Parkway. The brand is part of Home Franchise Concepts, a major home-services franchising group, and it began franchising the same year it was launched.
The franchise provides emergency restoration services for both residential and commercial clients. Its offerings include water removal, fire and smoke damage cleanup, mold remediation, indoor air quality improvement, duct cleaning, board-up services, storm recovery, and complete reconstruction.
Lightspeed Restoration stands out in the competitive restoration market with its IICRC-approved training facility, in-house call center services at no extra cost, advanced technology systems, and robust catastrophe and insurance program support.
Initial investment
The initial investment required for a Lightspeed Restoration franchise is
$154,000 - $253,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$5,000
Initial Territory Fee
$44,000
Travel and Living Expenses While Training
$1,000 - $1,500 per person
In-Person Training for Additional Personnel
$0 - $1,500
Vehicle
$0 - $49,000
Real Estate Rent and Security Deposits
$1,000 - $5,000
Initial Equipment Package
$58,000
Technology Systems Package
$0 - $3,000
Office Equipment, Furniture and Supplies
$400 - $1,000
Credit Card Processing Technology
$30 - $500
Auto Insurance
$1,800 - $3,500
Commercial General Liability, Contractor’s Environmental Liability, Professional Liability, Contractor’s Equipment, Employment Practices, Workers’ Compensation, Property Insurance
$3,000 - $4,000
Contractor’s License and Bonds
$0 - $1,500
Licenses and Certifications
$3,000 - $5,000
Professional Fees
$2,000 - $5,000
Initial Marketing
$10,000 - $15,000
Additional Funds – Before Opening and First 3 months
$25,000 - $50,000
Total
$154,230 - $252,500
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Type of Expenditure
Amount
Initial Franchise Fee
$5,000
Initial Territory Fee
$44,000
Travel and Living Expenses While Training
$1,000 - $1,500 per person
In-Person Training for Additional Personnel
$0 - $1,500
Vehicle
$0 - $49,000
Real Estate Rent and Security Deposits
$1,000 - $5,000
Initial Equipment Package
$58,000
Technology Systems Package
$0 - $3,000
Office Equipment, Furniture and Supplies
$400 - $1,000
Credit Card Processing Technology
$30 - $500
Auto Insurance
$1,800 - $3,500
Commercial General Liability, Contractor’s Environmental Liability, Professional Liability, Contractor’s Equipment, Employment Practices, Workers’ Compensation, Property Insurance
$3,000 - $4,000
Contractor’s License and Bonds
$0 - $1,500
Licenses and Certifications
$3,000 - $5,000
Professional Fees
$2,000 - $5,000
Initial Marketing
$10,000 - $15,000
Additional Funds – Before Opening and First 3 months
$25,000 - $50,000
Total
$154,230 - $252,500
Franchise Disclosure Document
Below is Lightspeed Restoration's 2024 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Lightspeed Restoration had 19 total units in 2024, of which 19 were franchised-owned and 0 company-owned.
Lightspeed Restoration provides comprehensive training programs for franchisees to ensure successful business operation. The franchisor delivers the following structured training components:
Initial Training Program: This mandatory program is offered to the franchisee and one employee at no additional cost. It encompasses classroom and on-the-job instruction, covering the operational, technical, and management aspects of running a Lightspeed Restoration franchise. Any additional personnel can attend for a fee of up to $1,500 per person.
Academy Training: This segment is designed for franchisees, their managers, and optionally one other attendee at no cost, pending space availability. The Academy delves deeper into business execution and brand compliance.
Ongoing Training and Development: Lightspeed Restoration offers continuing education on new products, services, and methods as they evolve. This ensures franchisees stay up to date with industry trends and best practices.
Territory Protection
Lightspeed Restoration offers territory protection to its franchisees through a clearly defined “Protected Territory” agreement. This territory is specified in the Franchise Agreement and disclosed to the franchisee before signing, ensuring that the franchisee has exclusive operational rights within that area.
The Protected Territory typically requires the franchisee to establish a commercial office/warehouse within 180 days of signing the agreement, subject to the franchisor’s approval based on specific criteria.
While Lightspeed Restoration provides this territory protection, it does not guarantee exclusivity against competition from non-franchised businesses or digital channels that may reach into the territory.
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