American Leak Detection vs HomePros Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of American Leak Detection vs HomePros including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
American Leak Detection Franchise
HomePros Franchise
Investment $76,755 - $259,550$101,285 - $143,475
Franchise Fee $29,500 - $120,000$19,500
Royalty Fee 6-10%7%
Advertising Fee --
Year Founded 19742001
Year Franchised 19842002
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements
 
American Leak Detection Franchise
HomePros Franchise
Experience
  • General business experience
  • Marketing skills

  • Industry experience
  • General business experience
  • Basic home repair skills
    		•

    Financing Options
     
    American Leak Detection Franchise
    HomePros Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    American Leak Detection Franchise
    HomePros Franchise
    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 Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations
    Marketing Co-op Advertising National Media Regional Advertising SEO Website development Ad slicks
    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)

    		 Franchise can be run from home.

    28% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    American Leak Detection Franchise
    HomePros Franchise
    US Expansion YesYes
    Canada Expansion YesNo
    International Expansion YesNo

    Company Overviews

    About American Leak Detection

    When Richard and Lorrie Rennick established American Leak Detection in Palm Springs, California, in 1974, they constrained business to distinguishing pool, spa and section spills in the Southern California range. Since that time, the organization has extended past its abandon roots'  American Leak Detection now works areas over the United States and around the globe. Today, notwithstanding the pool, spa and piece work, American Leak Detection franchisees perform sewer-and utility-line finding; oil, gas and common gas spill identification; split infusion; and different other related administrations.

    Seeking new franchise units in the following regions/states:Midwest, Northeast, South, Southeast, West, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America and Western Europe
    Veteran Incentives  $5,000 off franchise fee


    About HomePros

    HomePros Corporation offers professional home improvement and repair services to the general public. HomePros specializes in small to medium sized construction projects and is engaged in the refurbishment of distressed residential real estate.