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Updated RecentlyWaterway Co-op vs Midtown Chimney Sweeps Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Waterway Co-op vs Midtown Chimney Sweeps 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 | $58,306 - $113,828 |
| Franchise Fee | $30,000 | $48,500 |
| Royalty Fee | 0 | 7% |
| Advertising Fee | 0 | 3% |
| Year Founded | - | 1979 |
| Year Franchised | - | 2014 |
| 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 | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 40 hours Classroom Training: 31-35 hours |
| Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| 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 Midtown Chimney Sweeps
Midtown Chimney Sweeps is a unique franchise opportunity in North
America. The company is involved with the hearth industry (the fireplace
manufacturing and maintenance industry). Midtown Chimney Sweeps creates value through business systems, chimney sweeping, and related services like dryer vent cleaning, light maintenance, and chimney repairs.
Better than a Chimney Sweep Course. It’s your Marketing and Scheduling
too. Franchising is a business strategy which allows investors to
capture their share of a market. By investing into a franchise, you are
not only purchasing a proven business name, business model and marketing
system, you are ensuring that you get and keep customers.
One market
presenting a huge opportunity presently is the hearth industry. It is
currently worth approximately $2,185,000,000, with 52% of all U.S.
households having at least one fireplace in their home. When you join
the Midtown Chimney Sweeps brand, you will become part of the first
chimney sweeping franchise in the U.S. to meet that demand.