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Updated RecentlyWaterway Co-op vs MAGIS Fundraising Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Waterway Co-op vs MAGIS Fundraising including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $100,000 - And Up | $25,000 - And Up |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | 0 | - |
| Advertising Fee | 0 | - |
| Year Founded | - | 1989 |
| Year Franchised | - | 1991 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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.
About MAGIS Fundraising
Distinctly Magis With Magis you receive an integrated, full service fundraising and board coaching system personalized for your community organization, religious institution, or school that will guide you from where you are now to where you want to be financially. Our entire Magis Results Team weighs in on setting your strategy and leads you through a customized, step-by-step plan to fulfill your short-term and long-term goals. Looking for reliable, guaranteed growth? Look no further than Magis. You raise more money, on your schedule and meet or exceed your fundraising goals each and every year. Make changes that matter. Let Magis create a pattern of success for you to follow, starting today. Why Magis? We have the experience, insight, flexibility and resources to help your organization carry out your vision. We keep you on track, build momentum, celebrate milestones and keep an eye on your future. We increase the pace of change and create measurable, verifiable results with our integrated, full service fundraising and board coaching services. We do the actual work; You deposit the checks. We build strategies that meet your goals in your time frame. We deliver practical ways for leaders to work smarter, not harder. We leverage your talents within your organization to reach your goals faster. We have the ability to get others to change their behavior for the better. We deliver an outside expert opinion from the entire Magis Results Team including our CEO, Dick Waring, Ph. D. No travel fees for consulting. We are local and work exclusively with organizations in Northwest Ohio and Southeast Michigan. 100% money back guarantee. You select a short or long-term investment. You receive long-term benefits and lasting improvements within your organization by choosing Magis.