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Below is an in-depth analysis and side-by-side comparison of HomeSafe Inspection vs American Leak Detection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $12,500 - $28,500 | $76,755 - $259,550 |
Franchise Fee | $2,500 - $20,000 | $29,500 - $120,000 |
Royalty Fee | 10% | 6-10% |
Advertising Fee | - | - |
Year Founded | 2002 | 1974 |
Year Franchised | 2003 | 1984 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising National Media Regional Advertising SEO Website development |
Operations | - |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | Yes |
If you're looking to launch a home inspection business with multiple competitive advantages and moneymaking opportunities, HomeSafe is the only company for you. HomeSafe has pioneered the use of advanced infrared and acoustic technologies combined with traditional inspection techniques, providing the most advanced home inspections available anywhere in the world. And only HomeSafe helps its franchisees generate year-round revenues and renewable income through expanded home safety and protection services. Most home inspection franchisors offer the same basic services and inspection tools. Only HomeSafe provides its franchisees with high-powered infrared and acoustic technologies developed specifically for the home inspection industry. Utilizing these cutting-edge technologies, HomeSafe inspectors can, in effect, SEE and HEAR through a property’s walls, floors and ceilings, uncovering hidden problems and damage that may go undetected in an ordinary visual inspection.