Averan Restoration 1 Bookkeeping Conversion Package
Averan Advisors takes over the books for an open Restoration 1 location from your current bookkeeper. We review what you have, fix what is wrong and switch at a month end, so no month is missed or closed twice.
The Restoration 1 conversion package
The conversion package is for Restoration 1 owners who already have a bookkeeper and want to switch. The work follows Restoration 1’s 2026 FDD and your franchise agreement. A dedicated cleaning and restoration specialist handles your account.
- A written review of your current Restoration 1 books.
- Every account matched to its statement on your switch date.
- Accounts rebuilt to produce the monthly report Restoration 1 asks for.
- Recent Restoration 1 royalty and fee charges checked against your agreement.
Do you have 30 minutes this week? Book a 30-minute call.
What the Restoration 1 conversion package includes
Books review
We review your current Restoration 1 books and send you a written list of what is wrong and what it takes to fix it.
Clean opening balances
We match every bank, card and loan account to its statement on your switch date.
Reporting format
We rebuild the chart of accounts so the books produce the monthly report Restoration 1 asks its owners for.
Fee check
We recalculate recent Restoration 1 royalty and fee charges from your sales and check them against your franchise agreement.
Systems reconnected
We reconnect the point-of-sale system Restoration 1 requires, its job scheduling and invoicing system and your payroll to the books.
Records collected
We collect the files, workpapers and logins your current bookkeeper holds.
Analytics package
Each month we compare your results with the figures in Restoration 1’s 2026 FDD.
First close on time
We close your first month with us by the 15th of the next month.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and request access to your current books.
- 2Review10 business days
We send written findings, a scope and a price.
- 3CleanupSet in the scope
We fix the errors we found and rebuild the accounts.
- 4CutoverYour switch date
We move your systems to the new books and lock the opening balances.
- 5First closeBy the 15th
We close your first month and send your reports.
We set your switch date at a month end. Your current bookkeeper closes the month before it, and we close every month after it.
What we check in your current Restoration 1 books
Reconciliations
Every bank, card and loan account matched to its statement.
Royalty and fees
Restoration 1 charges recalculated from your sales and checked against Item 6 of the FDD.
Uncategorized items
Transactions left uncategorized or recorded as miscellaneous expense.
Balance sheet
Loans, payroll liabilities, sales tax and owner money explained.
Franchise fee and build-out
Recorded as assets and spread over the years they cover.
Restoration 1 reports
The books produce the monthly report Restoration 1 asks for.
Restoration 1 figures from the FDD
Restoration 1 franchisees averaged $1,427,586 of sales in 2025, with a median of $760,111, according to Item 19 of Restoration 1’s 2026 FDD, issued 1 May 2026. The 118 in that group are 42%* of Restoration 1’s 278 locations. Fees paid to Restoration 1 come to about 6.38%* of sales. A Restoration 1 franchise costs $126,525 to $309,500 to open.
The Restoration 1 initial franchise fee is $59,900, which is part of the Restoration 1 Item 7 estimate, according to Restoration 1’s 2026 FDD.
At the Restoration 1 average of $1,427,586 of sales a year, the 7% royalty comes to about $8,328* a month.
Send us to start
- Your signed Restoration 1 franchise agreement.
- Restoration 1’s current FDD.
- Your last 12 months of financial statements.
- Your last 12 months of Restoration 1 reports.
- Last year’s tax return.
- Your loan agreements and statements.
Access we need
- Accountant access to your current QuickBooks file.
- Your payroll processor.
- The point-of-sale system Restoration 1 requires.
- The job scheduling and invoicing system.
- The Restoration 1 reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
- How you want inventory tracked.
- The files, workpapers and logins your current bookkeeper holds.
Questions from Restoration 1 owners switching bookkeepers
Can I switch my Restoration 1 books partway through the year?
Averan sets your switch date at the end of any month you choose.
What do you check in my current Restoration 1 books?
We check that every account matches its statement, recalculate recent Restoration 1 royalty and fee charges, clear uncategorized transactions, explain every balance sheet account and confirm the books produce the report Restoration 1 asks for.
Who owns the QuickBooks file?
You do. If you already have a QuickBooks Online file, we work in it with accountant access. The file stays yours if you leave.
* Averan Advisors calculation from the figures in Restoration 1’s 2026 FDD.
Where to next
Talk to us about switching your Restoration 1 books
Send the short form for the Restoration 1 conversion package, or book a 30-minute call about your current books and your switch date.
Request the conversion package → Book a 30-minute call