Start-Up Costs and Fees |
||
| American Leak Detection | Floods4Less | |
| Investment | 76755 - 259550 | 155111 - 238210 |
| Franchise Fee | 0 | |
| Royalty Fee | 6-10% | 8.50% |
| Advertising Fee | $200.00 per week or 3.5% | |
| Year Founded | 1974 | 0 |
| Year Franchised | 1984 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| American Leak Detection | Floods4Less | |
| Experience | General business experience Marketing skills | *A strong work ethic and desire to succeed *Excellent customer service skills *Sales experience *Financial requirements to launch and sustain the business *Hold, or be able to obtain, the necessary contractor's license |
Financing Options |
||
| American Leak Detection | Floods4Less | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| American Leak Detection | Floods4Less | |
| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention | We will provide the training you need to be successful in every aspect of running your Floods4Less business. |
| Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Once you are operational, you can rely on on-site and remote support, plus ongoing developments in new products, services and trends. |
| Marketing | Co-op Advertising National Media Regional Advertising SEO Website development | We will provide cost effective and targeted materials you need to get the Floods4Less name and brand in front of insurance companies, homeowners and other potential clients. Our name and reputation are yours to leverage as you endeavor to be included on the preferred vendor lists used by local insurance professionals and individual policy holders. |
| Operations | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| American Leak Detection | Floods4Less | |
| US Expansion | ||
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Australia/New Zealand, Canada, Central America, Eastern Europe, Japan, Mexico, South America, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| American Leak Detection | |
| Floods4Less | |
| Franchise Fee | |
| American Leak Detection | |
| Floods4Less | |
| Royalty Fee | |
| American Leak Detection | 6-10% |
| Floods4Less | 8.50% |
| Advertising Fee | |
| American Leak Detection | |
| Floods4Less | $200.00 per week or 3.5% |
| Year Founded | |
| American Leak Detection | 1974 |
| Floods4Less | 0 |
| Year Franchised | |
| American Leak Detection | 1984 |
| Floods4Less | 0 |
| Term Of Agreement | |
| American Leak Detection | 10 years |
| Floods4Less | |
| Renewal Fee | |
| American Leak Detection | |
| Floods4Less | |
Business Experience Requirements |
|
| Experience | |
| American Leak Detection | General business experience Marketing skills |
| Floods4Less | *A strong work ethic and desire to succeed *Excellent customer service skills *Sales experience *Financial requirements to launch and sustain the business *Hold, or be able to obtain, the necessary contractor's license |
Financing Options |
|
| Franchise Fees | |
| American Leak Detection | No |
| Floods4Less | No |
| Start-up Costs | |
| American Leak Detection | |
| Floods4Less | |
| Equipment | |
| American Leak Detection} | |
| Floods4Less | |
| Inventory | |
| American Leak Detection | |
| Floods4Less | |
| Receivables | |
| American Leak Detection | |
| Floods4Less | |
| Payroll | |
| American Leak Detection | |
| Floods4Less | |
Training & Support |
|
| Training | |
| American Leak Detection | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention |
| Floods4Less | We will provide the training you need to be successful in every aspect of running your Floods4Less business. |
| Support | |
| American Leak Detection | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Floods4Less | Once you are operational, you can rely on on-site and remote support, plus ongoing developments in new products, services and trends. |
| Marketing | |
| American Leak Detection | Co-op Advertising National Media Regional Advertising SEO Website development |
| Floods4Less | We will provide cost effective and targeted materials you need to get the Floods4Less name and brand in front of insurance companies, homeowners and other potential clients. Our name and reputation are yours to leverage as you endeavor to be included on the preferred vendor lists used by local insurance professionals and individual policy holders. |
| Operations | |
| American Leak Detection | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Floods4Less | |
Expansion Plans |
|
| US Expansion | |
| American Leak Detection | |
| Floods4Less | |
| Canada Expansion | |
| American Leak Detection | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Floods4Less | |
| International Expansion | |
| American Leak Detection | Australia/New Zealand, Canada, Central America, Eastern Europe, Japan, Mexico, South America, Western Europe, |
| Floods4Less | |