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Updated RecentlyTotal Leak Concepts vs velofix Group of Companies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Total Leak Concepts vs velofix Group of Companies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $15,000 - $45,000 | $169,200 - $202,700 |
| Franchise Fee | N/A | $25,000 |
| Royalty Fee | - | 8% |
| Advertising Fee | - | 2% |
| Year Founded | - | 2012 |
| Year Franchised | - | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Minimum criteria for becoming a qualified candidate: Entrepreneurial minded Expertise in the segments of College/Universities, Multi Unit Housing, Health Hospital, Hotel/Motels, Government Housing and Resorts/Condo�s | - |
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 | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 17 hours Classroom Training: 24 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 | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | Yes |
| International Expansion | Yes | - |
Company Overviews
About Total Leak Concepts
Become a part of the Total Leak Concepts Distributor team with unlimited growth potential. Complete Turnkey Opportunity! Learn how to become a distributor today. The residential and commercial industry has experienced millions of dollars in water damage due to lack of leak prevention devices. We are now in a position to provide both residential and commercial sites a leak prevention device that will eliminate significant damage potential. Total Leak Concepts, LLC is seeking serious �minded entrepreneurs who want to become independent state distributors for its product. We will provide a complete turnkey opportunity for the serious minded entrepreneur. By becoming an independent STATE DISTRIBUTOR, you will: Experience unlimited earnings potential Be granted and retain rights to market Total Leak Concepts Products in selected areas Receive all the assistance you need to set up your own business, including all required documentation and set-up We provide: Wireless water sensors Adaptable to hardwired sensors Monthly valve health check Discrete water sensors Accommodates multiple valves Manual handle override Built-in freeze sensor Battery Back Up Currently offering state distribution rights for Canada and all states except California, Florida, Louisiana, Eastern Texas, Georgia, Alabama, Massachusetts, Connecticut, Rhode Island and New Hampshire.