Prism Specialties Franchise
Franchise Business Listing Overview
Prism Specialties Franchise provides the most robust range of electronic, textile, art and document restoration services in residential and industrial markets and has been since 1993. The teams of experts at Prism Specialties are committed to world-class recovery and restoration in the wake of their customer’s needs. Available 24/7, its brands offer optimized business services to minimize interruption at a competitive cost.
Franchise History
They began making their mark in the disaster recovery business in 1993, with the founding of the Electronic Restoration Services (ERS) brand. In 2001 they began offering art restoration services through Art Recovery Technologies (ART). Document recovery services were added in 2009 through Document Restoration Services. In 2012, Restoration Specialties Franchise Group was formed to franchise the ERS brand, becoming the first franchise to offer the restoration of electronics on a national basis. In 2016, RSFG became the first company to franchise the restoration of art and collectibles through the launch of its ART brand. In 2019, RSFG began adding textile restoration services in select markets under the name of Textile Extraction Xperts (TEX), and expects to expand throughout the rest of the United States over the next two years. As of 2021, the franchisor of ERS, ART and TEX is now known as Prism Technologies, representing their brand and specialty expansion that’s occurred over the past few years.
Reasons to Invest
Growing Concept with National Opportunities, Creating Repeat Business
Prism Specialties is a growing concept that will be the first art restoration company to have a national presence through multiple outlets across the United States. As the largest electronics restorer in the U.S., Prism Specialties has already ventured down the path of creating national relationships with insurance carriers and contractors alike. Part of the expansion plan of Prism Specialties includes pursuing these same relationships. We know that once you establish these relationships, they often lead to additional opportunities.
Limited Competition
As of today, Prism Specialties faces very little organized competition across the U.S. Most of our competition is fragmented, mom and pop-style competitors. The territories that Prism Specialties offers are large protected territories which allow for a fast expansion across the U.S., allowing Prism Specialties to seize the opportunity to be a leader in the industry of art recovery and restoration.
Recession Resistant
Fortunately, Prism Specialties is part of the restoration industry which means that the business model is recession resistant by nature. Openings for a life-changing event present themselves to Prism Specialties through such avenues as fire or water damages. The homeowner that deals with such occurrences works with insurance adjusters and contractors to restore their home and contents to pre-loss conditions. This simply means that the insurance company is the one that usually pays on the claim.
Make a difference
Our Prism Specialties franchisees have the pleasure of being one of the heroes on-site, because most people that have art and collectables hold those items very dear to them. When our work is done, our customers are very excited to see their possessions return often in better shape than pre-loss conditions.
Limited Investment
At Prism Specialties, we believe that our franchise partners need to have large protected territories that maximize their opportunity to seek profit with a reasonable up-front investment. We provide for a protected territory of 2.0M population. The investment for this territory is $40,000. If a candidate chooses to pursue additional territories, we do offer a 20% discount for additional territories. There is also an initial package that is required for our franchisees to perform their work. This initial package is currently priced at $45,500. A total initial investment of $145,000.
Franchise Business Specifics
Business Type | Franchise |
Available Locations | Single, multi-unit opportunities available throughout the United States. |
Total Investment Range | $45,500 - $145,000 |
Financing Assistance | Third Party |
Special Offers | 20% discounts for multiple territories |
Home Based | Yes |
Type Of Training Provided | Extensive |
Contact Owner
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