About Prism Specialties
Liquid Capital: $150,000
Net Worth Requirement: $250,000
Franchise Fees: $85,000
Royalty: 7%
Training and Support: Available
Home Office: Livonia, Mi
CEO: Chris Ring
Investement Range $369,143 - $551,606
About Prism Specialties Franchise
Over the last 25 years, Prism Specialties have served the industry well with their level of expertise in the restoration space. As these services evolved over the years a need was formed to improve brand awareness and recognition with a single name that represents the company’s multiple services – Prism Specialties.
Prism Specialties proudly provides the most robust range of electronic, textile, art, and document restoration services in the residential and industrial market. We restore hundreds of items across the U.S. including kitchen appliances, computers, paintings, sculptures, family photography, wedding dresses, soft goods, and more!
At Prism Specialties, our vision is to be the expert of choice for specialty restoration services on which our customers depend. The teams of experts at Prism Specialties are committed to world-class recovery and restoration for worry-free solutions 24/7.
Prism Services
No matter the type of damage, rest assured the team at Prism Specialties has the capabilities to restore and recover electronics appearance, functionality, and data. Since 1993, we’ve been setting the bar for outstanding results and exceptional service.
- Electronics
We restore virtually every type of residential and commercial electronic that has been damaged by fire, water, mold, lightening or other types of loss. Our experts handle losses of all sizes from a single computer or appliance to an entire production line or residential home. No matter the type of damage, rest assured the team at Prism Specialties has the capabilities to restore and recover electronics appearance, functionality, and data.
- Art
We specialize in the restoration of a wide range of art and collectables damaged by fire, water and vandalism. From photographs to high-value paintings, we care for every item with the utmost respect and attention regardless of its monetary value. If it matters to you, it matters to us. From pick-up to delivery, we employ industry best techniques throughout every step of the art recovery process. We not only restore art we restore memories.
- Textiles
We specialize in restoring clothing, fabric, and textiles after a disaster to help those affected move forward. Our teams diligently repair damage from fire, smoke, water, and mold to return belongings to pre-loss condition. Hypo-allergenic detergents are used along with process transparency and photo inventory of items collected. From bedding and shoes to a child’s favorite stuffed animal, and everything in between, Prism Specialties doesn’t just restore textiles, we restore comfort.
- Documents
Over the years, we have earned our reputation within the industry by demonstrating a high sense of urgency, complimented by expertise and knowledge to restore documents affected by all types of damage. Being on-site quickly can mean the difference between recovering vital records cost effectively and losing critical information. From smoke to water damage our technicians prepare documents for a safe and secure return to be your expert for specialty media.
Why Prism?
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.
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