American Leak Detection vs EXOVATIONS Franchise Comparison

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

Start-Up Costs and Fees
 
American Leak Detection Franchise
EXOVATIONS Franchise
Investment $76,755 - $259,550$93,050 - $158,750
Franchise Fee $29,500 - $120,000$35,000
Royalty Fee 6-10%5%
Advertising Fee -1%
Year Founded 19741996
Year Franchised 19842006
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


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

    Financing Options
     
    American Leak Detection Franchise
    EXOVATIONS Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    American Leak Detection Franchise
    EXOVATIONS 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 -
    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)

    		-

    Expansion Plans
     
    American Leak Detection Franchise
    EXOVATIONS Franchise
    US Expansion Yes-
    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 EXOVATIONS

    EXOVATIONS solves homeowners' exterior remodeling needs with creative solutions combining curb appeal with durability. EXOVATIONS uses materials that are no or low maintenance and come with excellent warranties. In other words, EXOVATIONS create exteriors for looks and for life. By focusing our business solely on home exteriors, EXOVATIONS stays true to our strength, skill, value, and our brand. Unlike many other replacement contractors, our sales process is informative and consultative, not the high-pressure, one-call close approach. We find that the more educated and informed our customers are, the smoother the project runs and the more likely we are to gain repeat and referral business. That is why we say that we're changing home exteriors. We change the look of the home and the way business is conducted in our industry.