Rainbow Restoration Franchise
Ranked as a top Restoration Services franchise by 2026 Entrepreneur Franchise 500®. $1.04M average gross sales!*
$100,000
$40,000
330
1981
Waco,TX
Mike Davis
About Rainbow Restoration
Since 1981, Rainbow Restoration® has provided a variety of damage restoration and remediation services as a nationally recognized industry leader. Franchise owners in more than 330 locations experience the benefits of Rainbow Restoration’s proven business model, including:
Multiple Revenue Streams: Our service offering covers a variety of both standard and specialty jobs, from damage restoration and mold removal to crime scene cleanup and emergency repairs. Better yet, we're certified by the IICRC, meaning our reliability is trusted by agents and adjusters alike.
No Industry Experience Required: By utilizing an executive ownership model where you make the decisions and manage your own business, you'll make a positive impact on your community and provide hope during times of crisis.
Award-Winning Recognition: With more than 40 years of success, Mr. Rooter has been recognized by leading organizations within the franchising space, such as Entrepreneur Franchise 500®, Franchise Business Review Top 200, and Franchise Times Top 400®.
Franchise Unit Trends & Revenue
330
33
$1,049,780
* in 2024
Franchise Fees
$40,000
Veteran's Fee: $32,000
3.0% - 8.0%
Gross Sales
1.0% - 2.0%
Gross Sales
Why Choose Rainbow Restoration?
Rainbow Restoration is proud to be a part of Neighborly®, the world’s largest home services franchisor with 19 brands and more than 5,500 locations focused on repairing, maintaining, and enhancing properties. Utilizing decades of experience and scale from this multi-brand portfolio, our franchise owners enjoy distinct advantages like:
Prime Territories: With available territories in some of the fastest-growing markets, there’s ample space and demand to establish your franchise. Better yet, thanks to designated territories, you’ll be able to collaborate and share best practices with other Rainbow Restoration locations instead of compete for the same customers.
ProTradeNet® Buying Power: Exclusively available to Neighborly brand franchise owners, you’ll have access to discounts and rebates from over 250 preferred vendors. In 2024, Neighborly brand franchise owners earned a collective $7.9M in rebates.
20% Veteran Discount**: We are proud to partner with VetFran and offer franchise fee discounts for qualified veterans. With more than 425 current Veteran owners across Neighborly brands, we’re committed to helping transitioning and current Veterans achieve their business goals.
Starting Costs & Investment Requirements
$159,336 - $330,900
$250,000
$100,000
Training & Support
Rainbow Restoration franchise owners benefit from specialized training, operations, and support systems, including:
Training Program & Business Coach: In-depth marketing and sales training as you get started, plus a consultant to answer questions and provide guidance as you grow.
Local & National Marketing Expertise: SEO & PPC guidance set the stage for integrated plans and tactics in your market that focus on customer acquisition, retention, and reactivation.
Ongoing Education & Owner Collaboration Comprehensive opportunities such as regional training events and national conferences to ensure you have the knowledge to function at the top of your game.
Digital Integration: In an increasingly tech-focused world, local landing pages, social media presence, and custom sales support software make it easier to provide the best experience for customers.
Ideal Candidate
Our franchise owners come from all walks of life. Some have held positions in corporate environments and are looking for a career change, while others have worked in the industry and are looking to lead their own business. No matter their background, our franchise owners embody characteristics such as:
- Entrepreneurial spirit driven to set and achieve goals
- Desire to build genuine relationships with customers, employees, and other franchisees
- Commitment to delivering consistent, high-quality service
- Accountable to financial responsibilities and requirements
The culture across the entire family of brands is embodied by the Neighborly Code of Values, which emphasizes the importance of fostering a set of ideals that guide the organization. These elements, while small to some, set Neighborly and Rainbow Restoration franchise owners apart from the competition.
* This is based on the annual Gross Sales of 275 Reporting Businesses during the Reporting Period (1/1/24 – 12/31/24), as provided to us through our Software System. Refer to Item 19 of the 2025 Rainbow Restoration SPV LLC Franchise Disclosure Document (FDD) for full details.
** Refer to Item 5 of the 2025 Rainbow Restoration SPV LLC Franchise Disclosure Document for complete details.