VetCor Restoration specializes in property damage restoration services, including water damage, fire damage, and mold remediation, utilizing industry-leading equipment and techniques to restore properties quickly and effectively.
KEY FRANCHISE STATS
Franchisees
?
22
+
83%
83%
Franchise fee
?
$60,000
Investment
?
$315,000 - $385,000
Revenue (AUV)
?
Undisclosed
$339,000
+
n.a.
n.a.
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VetCor is a restoration services provider specializing in water damage, mold remediation, and a variety of related solutions for both residential and commercial clients. Established in 2013 and headquartered at 6996 Anderson Rd in Tampa, Florida, the company expanded into franchising in 2019.
VetCor’s service offerings cover a wide scope of emergency response needs, including water extraction, damage mitigation, mold removal, fire and smoke restoration, emergency board-up and roof tarping, biohazard cleanup, trauma and crime scene cleaning, debris and tree removal, and thorough disinfecting and deep cleaning services.
A key differentiator for VetCor is its strong focus on hiring U.S. military veterans and like-minded individuals. This mission fosters a workplace culture centered around respect, integrity, accountability, service excellence, professionalism, and pride, setting the company apart within the restoration industry.
Initial investment
The initial investment required for a VetCor Restoration franchise is
$315,000 - $385,000.
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
$50,000 – $60,000
Rent, Utilities, and Leasehold Improvements
$2,500 – $4,500
Grand Opening Advertising
$3,000 – $6,000
Furniture, Fixtures, and Equipment
$500 – $5,000
Computer Systems
$2,500 – $5,000
Insurance
$3,500 – $4,500
Vehicle (Financed)
$39,235
Vehicle (Purchased)
$133,310
Vehicle Wrap
$0 – $5,000
Signage
$200 – $1,000
Professional Equipment (Financed)
$22,500
Professional Equipment (Purchased)
$69,000
Operational and Software Licenses, Permits, Dues
$3,000 – $4,000
Professional Fees (lawyer, accountant, etc.)
$1,000 – $3,000
Travel, lodging, and meals for initial training
$6,000 – $10,000
Additional funds (for first 3 months)
$40,000 – $75,000
Total (with Finance Options)
$173,935 – $244,735
Total (with Purchase Options)
$314,510 – $385,310
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Type of Expenditure
Amount
Initial franchise fee
$50,000 – $60,000
Rent, Utilities, and Leasehold Improvements
$2,500 – $4,500
Grand Opening Advertising
$3,000 – $6,000
Furniture, Fixtures, and Equipment
$500 – $5,000
Computer Systems
$2,500 – $5,000
Insurance
$3,500 – $4,500
Vehicle (Financed)
$39,235
Vehicle (Purchased)
$133,310
Vehicle Wrap
$0 – $5,000
Signage
$200 – $1,000
Professional Equipment (Financed)
$22,500
Professional Equipment (Purchased)
$69,000
Operational and Software Licenses, Permits, Dues
$3,000 – $4,000
Professional Fees (lawyer, accountant, etc.)
$1,000 – $3,000
Travel, lodging, and meals for initial training
$6,000 – $10,000
Additional funds (for first 3 months)
$40,000 – $75,000
Total (with Finance Options)
$173,935 – $244,735
Total (with Purchase Options)
$314,510 – $385,310
Franchise Disclosure Document
Below is VetCor Restoration's 2023 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
VetCor Restoration had 23 total units in 2023, of which 22 were franchised-owned and 1 company-owned.
The VetCor Franchising program offers several structured training initiatives for franchisees and their teams. Here’s a numbered summary of the training provided:
Initial Training Program: Before opening the franchised business, the Principal Executive and optionally a Manager must attend and successfully complete an Initial Training Program. This consists of two phases: Phase I (up to 5 days) and Phase II (up to 2 weeks). The program takes place at VetCor’s corporate offices and/or an operating VetCor location. There is no fee for up to three attendees, but travel and accommodation costs are borne by the franchisee.
Supplementary Online and Certification Training: In addition to the in-person Initial Training, franchisees are required to complete self-paced online "Profit Soup" training (covered by the franchisor), attend an IICRC-approved Water Damage Restoration Technician/Applied Structural Drying course (at their own expense), and read The Wealthy Franchisee book, which is provided by VetCor.
Additional and Continuing Training: VetCor may require designated managers to attend further training from time to time. These can include classroom sessions, online courses, or third-party programs. The franchisee is responsible for the costs of these programs, including fees, travel, and accommodation.
Territory Protection
VetCor Franchising offers its franchisees a protected territory, which is defined in the franchise agreement and typically covers a population of around 350,000 individuals. Within this territory, VetCor agrees not to establish or license another VetCor business or outlet.
However, the franchisee does not receive exclusivity over all potential customers, as other VetCor businesses may serve customers in the territory through referrals or under certain circumstances, such as national accounts or catastrophic events.
The franchisor also retains specific rights that allow it to serve customers within the franchisee’s territory if the franchisee defaults, fails to meet customer demand, or does not adequately serve a customer.
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