AvenueWest vs Gotcha Covered Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of AvenueWest vs Gotcha Covered including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
AvenueWest Franchise
Gotcha Covered Franchise
Investment N/A$75,950 - $94,155
Franchise Fee N/A$64,900
Royalty Fee -$1.35K/mo.
Advertising Fee -$500/mo.
Year Founded 01995
Year Franchised 01999
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -$1K


Business Experience Requirements
 
AvenueWest Franchise
Gotcha Covered Franchise
Experience -
  • General business experience
  • Marketing skills
  • Good people skills, work well with others
    		•

    Financing Options
     
    AvenueWest Franchise
    Gotcha Covered Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    AvenueWest Franchise
    Gotcha Covered Franchise
    Training --
    Support -Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
    Marketing -Co-op advertising, Ad slicks, National media, Regional advertising
    Operations - Franchise can be run from home.

    10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 5

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    AvenueWest Franchise
    Gotcha Covered Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About AvenueWest

    Are you looking for: A new and exciting business opportunity? A business with good residual income? A successful team atmosphere? A high energy and growing industry? Now you can build your own unique and profitable real estate business, in your market, by tapping a growing demand for longer term furnished lodging with the AvenueWest Managed Corporate Housing program. Your franchise ownership means entrance into the $2.7 billion dollar corporate housing industry. You will be servicing a diverse and interesting client base, providing you with an exciting and rewarding business opportunity. Let us put our experience and knowledge into your hands. You will quickly discover the attractive income potential that is available by serving both the business community and an increasingly wide array of other longer term housing occupants seeking fully furnished properties. Additional revenue opportunities are possible including longer-term unfurnished rentals, brokering a relocation client's home purchase and working with investors and property owners wishing to put a corporate housing property under your management. The experienced team at AvenueWest Global Franchise guides you through the steps needed to replicate this award winning system. Working as a team we provide you with the tools needed to integrate property management, marketing, leasing, sales and accounting aspects of the business to equip you to quickly find success in the corporate housing industry. AvenueWest Global Franchise offers: A Proven Business Model - begin knowing you are on the right path Hands-on Training - learn from those who understand the unique nature of corporate housing On-going Operational Support - our continuing goal is to make you successful Documented Operational Manual - a step by step reference at your finger-tips National Name Recognition - tap into a tradition of excellence National Marketing - immediate exposure to corporate clients Market Specific Website - your own individual market identity Corporate Housing Management Software - a tailored system that simplifies the process Daily Accounting Support - we take on this duty so you can work more productively Continuing Education - geared to keep you abreast of industry trends Openness to Your Input - a willingness to listen and respond to your ideas and suggestions

    About Gotcha Covered

    If you are looking for an affordable franchise that offers you a serious income potential and a great lifestyle, Gotcha Covered's all-inclusive franchise system is the solution for you!

    We provide you with ALL the tools you need in a home-based business- all you need is the desire and willingness to work hard for your own success. Our current franchises (where available) are available for just $64,900. We also recommend that you have an additional $10,000-$20,000 in working capital to get your business up and running. Additional territories are offered at discounted rates, and more detailed information regarding your investment can be found in Gotcha Covered's Franchise Disclosure Document (FDD), which we are happy to provide to you. We know once you proceed through the due diligence process with Gotcha Covered, you'll agree that a Gotcha Covered home-based franchise clearly represents one of the best low-cost franchise opportunities available anywhere.


    "Entrepreneur
    #324 in Franchise 500 for 2020.
    #308 in Franchise 500 for 2021.