American Leak Detection vs Grout Wizard Franchise Comparison

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

Start-Up Costs and Fees
 
American Leak Detection Franchise
Grout Wizard Franchise
Investment $76,755 - $259,550$20,615 - $33,725
Franchise Fee $29,500 - $120,000$12,000 - $16,000
Royalty Fee 6-10%6%-9%
Advertising Fee -3%
Year Founded 19741997
Year Franchised 19842001
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements
 
American Leak Detection Franchise
Grout Wizard Franchise
Experience
  • General business experience
  • Marketing skills
    		• You need no previous business nor technical experience at all. Franchisees come from all backgrounds, ages and genders. The Company will teach you every phase of the business step by step. All you need is the desire to own and operate your own business.

    Financing Options
     
    American Leak Detection Franchise
    Grout Wizard 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
    Grout Wizard Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention There is a required 5-day, in depth, hands on training program that all Franchisees must successfully complete. Each Franchisee will be provided with the details of GROUT WIZARD procedures, methods of operations, sales techniques, communications, advertising, managing employees, interacting with customers and every aspect of operating a successful GROUT WIZARD business.
    Support Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform Meetings, Internet, Security/safety procedures, 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.

    Number of employees needed to run franchised unit: 2 - 4

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

    Expansion Plans
     
    American Leak Detection Franchise
    Grout Wizard Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion YesYes

    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 Grout Wizard

    The GROUT WIZARD business was created out of a strong need in the marketplace for someone to do small grout restoration jobs. Tile contractors receive many calls for grout work but are typically only interested in large tile installation jobs. Our GROUT WIZARDS are highly qualified grout specialists who clean and seal grout, remove and replace grout with the tile left in place, and change the color of existing grout without removing either the tile or grout. The GROUT WIZARD uses market research to measure market potential and to determine the best possible territory for each Franchisee. Market research includes such factors as demographics, population households, median income, median home value, media types available and geographical analysis with census data by zip code, city, county and state. Your territory is exclusive and protected to the degree that the GROUT WIZARD will not compete with a Franchisee by selling an additional Franchise or opening an operation within the Franchisees territory. The Company will provide you with all the tools to succeed by offering opportunity, products, services, experience, training and support. A GROUT WIZARD Franchise gives the Franchisee the opportunity to enhance their business prospects Being a Franchisee allows an individual to have a close association with a parent company who remains in the background to help facilitate growth and market presence, while the Franchisee still has control over his/her business.

    Discounts: 1st in State 30% Military Vet 30%