Rainbow Restoration franchise
Rainbow Restoration cleans up and restores homes and businesses after water, fire and mold damage and offers carpet and air duct cleaning. It is part of Neighborly. At the end of 2025 there were 328 Rainbow Restoration locations in the US, all franchised.
- Cost to open
- $185K–$352K
- Franchise fee
- $60,000
- Royalty
- 3% to 8%
- Locations, 2025
- 328+14 in 3 yrs
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Company snapshot
- Franchising since
- 1981
- Franchisor based in
- Waco, Texas
- Time to open
- About 30 days after training, 1 to 3 months after signing
- Agreement length
- 10 years
- Territory
- Limited protection
- Financing
- Some financing offered
From Rainbow International SPV LLC’s 2026 filing.
How much a Rainbow Restoration franchise costs
Opening one Rainbow Restoration franchise costs an estimated $185,336 to $351,900. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Rainbow International SPV LLC, 2026 filing, page 41
Rainbow Restoration franchise fee
The franchise fee is $60,000, for a territory of up to 200,000 people, plus $400 per additional 1,000 people. You pay it when you sign the franchise agreement.
Source: Rainbow International SPV LLC, 2026 filing, page 24
Royalty and ongoing fees
| Royalty | A license fee of 3% to 8% of gross sales, on a sliding scale, with monthly minimums. |
|---|---|
| Brand or marketing fund | 2% of gross sales as a marketing and advertising (MAP) fee. |
Source: Rainbow International SPV LLC, 2026 filing, page 27
Sales and earnings
Shares figures Rainbow Restoration publishes sales or earnings figures for its locations: it reports 2025 average and median gross sales for 284 franchised businesses. The full tables, with notes on which locations are counted, are in its filing.
Source: Rainbow International SPV LLC, 2026 filing, page 88
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 313 (−1) | 0 | 19 |
| 2024 | 330 (+17) | 0 | 16 |
| 2025 | 328 (−2) | 0 | 17 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
Source: Rainbow International SPV LLC, 2026 filing, page 92
How Rainbow Restoration compares
Of the 7 restoration franchises on this site, Rainbow Restoration is the 5th cheapest to open and the 5th largest by number of locations.
| Measure | Rainbow Restoration | Typical restoration |
|---|---|---|
| Cost to open, low end | $185K | $168K |
| Closed or left per year | 5.4% | 4.9% |
| Change in franchised locations, 3 yrs | +4.5% | +11.4% |
| Shares earnings figures | Yes | 6 of 7 |
Typical is the median across the 7 brands in restoration franchises.
Other restoration franchises
Rainbow Restoration franchise questions
How long does it take to open a Rainbow Restoration?
About 30 days after training, 1 to 3 months after signing, according to Rainbow Restoration's 2026 filing. Finding a site, permits and build-out are what usually stretch it.
Does Rainbow Restoration help with financing?
Yes, in some cases. Rainbow Restoration may finance part of the cost, such as the franchise fee, for qualified buyers; terms are in its filing.
Do Rainbow Restoration franchisees get a protected territory?
Partly. You get some protection, but not an exclusive territory.
How long is a Rainbow Restoration franchise agreement?
The initial term is 10 years. Renewal is usually possible if you're in good standing, often for a fee and a remodel.
Is Rainbow Restoration growing or shrinking?
Over the last 3 years 66 franchised locations opened and 52 closed or left, a net change of +4.5%. About 5.4% of locations closed or left each year. That is in line with the 4.9% typical for restoration franchises.
How does Rainbow Restoration compare with other restoration franchises?
Of the 7 restoration franchises here, Rainbow Restoration is the 5th cheapest to open (low end $185K against a $168K median) and the 5th largest by number of locations.
Does Rainbow Restoration say how much franchisees make?
Yes: it reports 2025 average and median gross sales for 284 franchised businesses. Your results can differ; the filing explains which locations are counted.
Where is Rainbow Restoration based?
Rainbow International SPV LLC is based in Waco, Texas and the brand has sold franchises since 1981.