SBA 7(a)/504 FOIA · FY1991–PRESENT · VIRGINIA
RESTORATION 1 franchise in Virginia: what the public record shows
Franchisees of RESTORATION 1 in Virginia have taken 7 SBA loans in the FY1991–present FOIA files (average $152,742). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. RESTORATION 1's national ratio is 0.9× (not clearly different from 1.0×). Its latest FDD Item 20 state table reports 6 franchised outlets in Virginia (fiscal 2025) — about 0.07 per 100k residents.
Loans in VA
7
Charged off (all years)
0 of 2
Loss ratio in VA
—
Loss ratio nationally (not clear)
0.9×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = VA. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
Businesses in this industry
2,764
statewide, all operators
Per 100k residents
31.4
national 26.7
Versus the country
+18%
denser
Every business in RESTORATION 1's industry operating in Virginia — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across the brand-state cells in the loan data, denser markets have historically charged off less often than the thinnest (see the research page). A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$598
Virginia, BLS QCEW 2025
National average
$659
same industry, all states
Versus the country
-9%
cheaper to staff
What RESTORATION 1's industry actually pays workers in Virginia, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This cost signal is independent of the FDD: a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 11 | 0 |
| 2024 | 8 | 0 |
| 2025 | 6 | 0 |
| System | Loans in VA | Charged off (all years) | Loss ratio in VA | Units in VA |
|---|---|---|---|---|
| Rainbow Restoration | 24 | 5 of 18 | — | — |
| SERVPRO | 15 | 0 of 11 | — | 56 |
| SERVICEMASTER RESTORE | 11 | 0 of 4 | — | 50 |
| ZIPS DRY CLEANERS | 11 | 0 of 6 | — | 12 |
| MOLLY MAID | 7 | 1 of 4 | — | 19 |
| THE CLEANING AUTHORITY | 6 | 0 of 5 | — | 8 |
| Advantaclean | 5 | 1 of 4 | — | — |
| All Dry | 5 | 0 of 2 | — | 2 |
Other systems in RESTORATION 1's sector whose franchisees borrowed in Virginia. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing RESTORATION 1’s numbers, including talking you out of a bad deal.