1-800-Packouts Franchise FDD, Profits, Costs & Fees (2024)
1-800-Packouts is a leading franchise specializing in property contents restoration services, including inventory management, packing, cleaning, and climate-controlled storage for homes and businesses affected by disasters such as floods and fires.
Founded in 2013 in the United States, the company began franchising in 2015 and has since expanded its presence across the nation. Headquartered in Ball Ground, Georgia, 1-800-Packouts distinguishes itself through its comprehensive approach to contents restoration.
The franchise offers a full suite of services, from meticulous inventory and packing to professional cleaning and secure storage, ensuring clients’ valuable possessions are handled with utmost care during stressful times.
As of 2024, 1-800-Packouts operates 45 franchise units across the United States, reflecting significant growth in recent years. The franchise continues to offer opportunities for new franchisees within the U.S., aiming to meet the growing demand for reliable contents restoration services nationwide.
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Initial Investment
How much does it cost to start a 1-800-Packouts franchise? It costs on average between $197,000 – $401,000 to start a 1-800-Packouts franchised facility.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the size of the territory, the location of the franchise, and whether the franchisee chooses to lease or purchase the necessary vehicles and equipment.
| Type of Expenditure | Amount (Low-High Range) |
|---|---|
| Initial Franchise Fee | $62,500 |
| Quick Start Package (QSP) | $48,500 |
| Annual Conference Registration Deposit | $1,000 |
| Rent, Security Deposit, and Utility Deposits | $3,000 – $9,000 |
| Leasehold Improvements | $2,000 – $20,000 |
| Equipment | $10,000 – $65,000 |
| Signage | $1,500 – $5,000 |
| Furniture, Office Equipment, and Software | $4,000 – $7,000 |
| Vehicles | $3,000 – $70,000 |
| Business Licenses and Permits | $200 – $1,000 |
| Professional Fees | $500 – $2,500 |
| Initial Inventory and Supplies | $12,000 – $20,000 |
| Insurance | $12,500 – $20,000 |
| Training Expenses | $1,500 – $8,000 |
| Marketing | $500 – $3,000 |
| Additional Funds – First 3 months | $76,500 – $100,000 |
| Total Estimated Initial Investment | $196,700 – $381,000 |
Average Revenue (AUV)
How much revenue can you make with a 1-800-Packouts franchise? A 1-800-Packouts franchised facility makes on average $997,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $624,000 yearly revenue for similar restoration/disaster franchises. Below are 10 1-800-Packouts competitors as a comparison:
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1-800-Packouts Franchise Disclosure Document
Frequently Asked Questions
How many 1-800-Packouts locations are there?
As of the latest available data, 1-800-Packouts operates over 70 locations across more than 20 states in the United States.
What is the total investment required to open a 1-800-Packouts franchise?
The total investment required to open a 1-800-Packouts franchise ranges from $197,000 to $401,000.
What are the ongoing fees for a 1-800-Packouts franchise?
1-800-Packouts franchisees are required to pay a royalty fee of 7% of their gross sales, which contributes to the continuous support and resources provided by the franchisor. Additionally, there is a marketing fee set at 3% of gross sales, allocated towards national and regional advertising efforts to enhance brand visibility and drive customer engagement.
What are the financial requirements to become a 1-800-Packouts franchisee?
To become a 1-800-Packouts franchisee, candidates are typically required to have a minimum net worth of $300,000 and at least $75,000 in liquid capital. These financial prerequisites ensure that prospective franchisees possess the necessary resources to cover initial investments and sustain operations during the business’s early stages.
How much can a 1-800-Packouts franchise owner expect to earn?
The average gross sales for a 1-800-Packouts franchise are approximately $1.0 million per location. Assuming a 15% operating profit margin, $1.0 million yearly revenue can result in $150,000 EBITDA annually.
Who owns 1-800-Packouts?
1-800-Packouts is a franchise-based company specializing in contents restoration services. The corporate leadership team includes Brand President Stefan Figley, Marketing Director Brian Wallace, and Operations Manager Sally Davidson.
Disclaimer
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