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Updated RecentlyWaterway Co-op vs AirMD Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Waterway Co-op vs AirMD 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 | $53,750 - $75,750 |
| Franchise Fee | $30,000 | $45,000 |
| Royalty Fee | 0 | to 4% |
| Advertising Fee | 0 | $250/mo. |
| Year Founded | - | 2007 |
| Year Franchised | - | 2018 |
| 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/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 45 hours Classroom Training: 54 hours |
| Support | - | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | - | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Number of Employees Required to Run: 1 - 2 |
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 AirMD
The AirMD Franchise, is an environmental company specializing in indoor air quality testing and building assessments.
Our franchise is based on its affiliate company, AirMD Inc. which began operations in Boca Raton, Florida during 2008 and now is selling franchise licenses in all 50 states.
After nearly ten years in the environmental industry AirMD identified the need for a national indoor environmental testing company like AirMD which did not exist. AirMD provides an "end to end solution” all the back end operations are provided to our franchisees by us, and as a franchisee, you will benefit from our existing AirMD internal operations such as accounts receivable, third party laboratory, technical report writing, insurance claim processing, national call center, national accounts. The franchisee will be required to pass and hold state licensure for their state in mold, lead and asbestos and a Certified Indoor Environmental certification can be taken online for each franchisee.