Prism Specialties Franchise FDD, Profits & Costs (2025)
Prism Specialties is a well-established franchise within the specialty restoration sector. Founded in 1993 in Livonia, Michigan, the brand continues to operate its headquarters from the same city. The company specializes in restoring electronics, fine art, textiles, and documents that have been damaged by fire, water, smoke, or other catastrophic events.
In 2021, Prism Specialties brought together its four established divisions—Electronic Restoration Services (ERS), Art Recovery Technologies (ART), Document Restoration Services (DFD), and Textile Extraction Xperts (TEX)—under one unified name. This move allowed the franchise to provide a more streamlined, multi-service restoration solution under a single brand identity.
The business started franchising in 2012, opening the door for entrepreneurs to join its network.
What sets Prism Specialties apart is its concentration on specialized, high-value restoration services that go beyond what most general contractors can deliver.
Initial Investment
How much does it cost to start a Prism Specialties franchise? It costs on average between $162,000 – $262,000 to start a Prism Specialties franchised facility.
This includes expenses for equipment, supplies, training, and initial working capital. The total investment will vary based on factors such as the size of the territory, the local market, and whether the franchisee operates from a leased facility or owned property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $49,000 |
| Real Estate/Rent | $6,250 – $21,000 |
| Leasehold Improvements | $3,000 – $10,000 |
| Security Deposits, Professional Fees, and Business Licenses and Permits | $4,000 – $9,000 |
| Insurance | $3,000 – $5,000 |
| Training | $2,540 – $5,140 |
| Vehicle | $4,000 – $10,000 |
| Turn-Key Business Package | $31,110 – $33,510 |
| Equipment & Supplies | $17,975 – $66,473 |
| Telephone System | $1,200 – $1,500 |
| Software Fees | $2,743 – $4,673 |
| Local Sales and Marketing | $1,000 – $3,000 |
| Additional Funds (3-month period) | $36,308 – $44,200 |
| TOTAL | $162,126 – $262,496 |
Average Revenue (AUV)
How much revenue can you make with a Prism Specialties franchise? A Prism Specialties franchised location makes on average $591,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
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Frequently Asked Questions
How many Prism Specialties locations are there?
As of the latest data, Prism Specialties has 165 franchised territories across 37 U.S. states.
What is the total investment required to open a Prism Specialties franchise?
The total investment required to open a Prism Specialties franchise ranges from $162,000 to $262,000.
What are the ongoing fees for a Prism Specialties franchise?
A Prism Specialties franchise requires franchisees to pay ongoing fees that include a royalty fee of 7% of monthly gross sales. In addition, franchisees contribute a marketing and advertising fee of 2% of monthly sales, which supports national and regional brand promotion efforts.
What are the financial requirements to become a Prism Specialties franchisee?
To become a Prism Specialties franchisee, you need at least $50,000 in liquid capital (cash or assets easily converted to cash), and a minimum net worth of $500,000.
How much can a Prism Specialties franchise owner expect to earn?
The average gross sales for a Prism Specialties franchise are approximately $0.59 million per location. Assuming a 15% operating profit margin, $0.59 million yearly revenue can result in $89,000 EBITDA annually.
Who owns Prism Specialties?
The Prism Specialties franchise is owned by Eversmith Brands, a parent company that specializes in supporting service-based franchise systems.
Disclaimer
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