Rainbow Restoration
Rainbow Restoration logo

Rainbow Restoration

Build a business that helps people move forward when they need it most. Founded in 1981, Rainbow Restoration® brings more than four decades of experience to residential and commercial restoration, helping property owners recover from unexpected damage and regain a sense of comfort and security. As part of Neighborly®, the brand combines a meaningful mission with an established franchise system and resources to support business ownership. When water, fire, smoke, or mold disrupts a home or business, the impact reaches far beyond the property itself. Families need a safe place to live, businesses need to reopen, and customers need someone they can trust to guide them through the next steps. Rainbow Restoration responds with urgency, technical expertise, and compassionate service—helping protect properties, limit further damage, and begin the recovery process. The brand’s comprehensive service offering creates multiple ways to meet residential and commercial customer needs. Alongside water damage restoration, fire and smoke damage restoration, and mold remediation, services can include reconstruction, contents pack-out and storage, biohazard cleanup, air duct cleaning, and professional carpet care. This breadth gives owners opportunities to support customers through multiple stages of recovery while also addressing specialty cleaning and property maintenance needs. For owners, relationships are central to building the business. Connecting with insurance professionals, property managers, local businesses, and community members creates opportunities to become a trusted restoration resource before an emergency happens. Every project is a chance to earn confidence through clear communication, dependable service, and care during a stressful time. Prior restoration experience is not required to explore ownership. The opportunity welcomes leaders who can build capable teams, develop relationships, and deliver an exceptional customer experience. Franchise owners have access to training, operational systems, marketing resources, and ongoing coaching, along with the broader Neighborly network. Rainbow Restoration’s established relationships with insurance carriers and third-party administrators provide another important connection within the restoration industry. Rainbow Restoration offers the opportunity to build a business with purpose—one that brings leadership and service together in moments that matter. For entrepreneurs motivated by helping others, developing a team, and making a lasting contribution to their communities, it is a chance to help restore both properties and peace of mind.
$185,336 - $351,900

Investment range

$ 1,063,348

Average Gross Sales

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Essential, recession-resistant business
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Strong 45+ year old business model
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Business with strong community ties
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High-value ticket services
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Extensive Ongoing training
Rainbow Restoration
8 down to 3 %

Royalty

Traditional mitidation pays a 2 royalty and construction if offered only pays a 1 royalty %

Brand fund

$ 300,000

Financial requirements

GET TO KNOW THE BRAND

Business basics & stats

Key Stats

Rainbow Restoration

Founder

Don Dwyer

Home Office Location

Waco, TX

Company Founded

1981

Began Franchising

1981

Industry

Cleaning and Restoration

Industry Size

$210 billion

Veteran Discount

yes - 20% discount up to $12,000.00 max

Group Health Insurance

Yes

Company Units Open

0

Franchise Units Awarded All Time

500

Franchise Units Awarded Last 12 Months

15

Franchise Units Open

330

Number of franchisees

285

Ideal candidate profile

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Owner Operator Preferred
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Relationship Builder
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No Industry Experience Required
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Ability to recruit and scale a team
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Community Centric
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Leadership Skills
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