Restoration Companies are usually the first responders following significant damage to a home from floods and fires, water damage, sew- age backup and other major events. The job of a restoration company is to clean up the mess and to preserve and protect the home and its contents so that further damage will not occur.
Is water restoration a good business?
Water restoration business is profitable
For major restoration work, such as a rebuild, they charge $10,000 (on average) and the profit margin can be as high as 50%. If you dig deeper into the figures, you will only need about 300 mitigation projects (small jobs) in a year to earn a $750,000 revenue.
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