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Updated RecentlySystems Paving vs Waterway Co-op Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Systems Paving vs Waterway Co-op including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $39,950 - $120,800 | $100,000 - And Up |
| Franchise Fee | $14,800 - $17,800 | $30,000 |
| Royalty Fee | 6% | 0 |
| Advertising Fee | 2% | 0 |
| Year Founded | 1992 | - |
| Year Franchised | 2001 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $500 | - |
Business Experience Requirements |
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| Experience | *Strong business acumen *Ability to motivate and lead a team *Positive "can do" attitude *Sales experience preferable *No construction experience necessary | You must have an interest in the fire-fighting industry. Ideally be a career or volunteer fire-fighter or know someone with that background who can participate. Should be able to find funds for the one time franchise fee of $30,000, which gives you the rights to the custom built Waterway testing system, the marketing and advertising designs, network support and training, the 24 hour software test record program.. and 20 years of experience! Plus a further $30,000 for all the hose and ladder testing equipment- the pump, adaptors, hose rolling tables, ladder testing tools... everything you need to get started. This EXCLUDES the trailer which will need to be purchased separately for approx $6,000. You should allow for a further $15,000 - $25,000 to cover 'soft' costs such as insurance, admin, crew clothing, working capital etc. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | 2 weeks of comprehensive training at our California home office for you and your key employees. Once you return home, we provide continued support, including field training at your location. Training includes: *Business planning *Marketing planning and strategies *Sales consultation *Installation training *Best practices | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | - |
| Marketing | Co-op advertising, National media, Regional advertising | - |
| Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Systems Paving
Established in 1992, Systems Paving, Inc. combined the unique talents and experience of Larry Green and Doug Lueck. With over 55 years of experience, we have a lot of important lessons to share. We know what it's like to be your own boss, and we know what it takes. We are extremely passionate about our business and want people who are interested in sharing that passion. Our success relies on a proven, detailed process. We've done our homework to pave the way. From business training and major marketing support to our proprietary technology, we give you all the tools you need. This process makes a Systems Paving franchise simple for you, satisfying for homeowners and successful for everyone.
About Waterway Co-op
Waterway is the fastest growing fire-hose testing company in the USA through its rapidly expanding franchise network. In most States, no formal competition anywhere means you can build your given territory your way. State of the art equipment means most efficient system for Fire Departments and virtual guarantee of repeat business. You can benefit from 30 years of experience and trade secrets. Profit opportunities from numerous services and products lead to highly lucrative returns. Low risk, steady growth and relatively low investment costs. Recession proof.. hose testing is an annual NFPA requirement. On going training and franchise support always available.. you're IN business yourself but not BY yourself. Build your own financial future with a proven business model and the experience of 30 years in the business.