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Below is an in-depth analysis and side-by-side comparison of American Leak Detection vs Home Preservation Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $76,755 - $259,550 | $75,000 |
Franchise Fee | $29,500 - $120,000 | $28,000 |
Royalty Fee | 6-10% | 8% |
Advertising Fee | - | - |
Year Founded | 1974 | 1992 |
Year Franchised | 1984 | 2002 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 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/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
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 | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op Advertising National Media Regional Advertising SEO Website development | Co-op advertising, 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)
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Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | No |
International Expansion | Yes | No |
Do you know how to offer quality service when it comes to preserving amazing and beautiful homes, along with all the upkeeps a new house needs? If so, then Home Preservation Services Franchise is perfect for you to release your valuable skills and make a living off of their quality name and services.
Home Preservation Services is committed to providing homeowners with complete preventive home maintenance services at unmatched levels of quality. They pride themselves in fostering innovation and embracing technology to deliver outstanding, efficient and cost effective services to their clients.