One of the most destructive elements to a house is water damage. According to Water Damage Defense, 37% of U.S. homeowners claim to have suffered losses and 14,000 people experience water damage emergencies daily. The majority of water damages stem from plumbing problems, which may require service calls to both plumbing and restoration companies.
Recognizing a consistent need for both services, many franchisors in recent years have experienced an uptick in business owners investing in both industries. Naturally complementing each other, operators of companies like Benjamin Franklin Plumbing and DRYmedic Restoration Services are seeing greater results and year-over-year growth compared to those running just one side of the business. As prospective business owners look to expand their portfolios, there are a handful of benefits to consider, including the following: