American Leak Detection vs ProSpection Franchise Comparison

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

Start-Up Costs and Fees

 
American Leak Detection Franchise
ProSpection Franchise
Investment $76,755 - $259,550$15,800 - $38,100
Franchise Fee $29,500 - $120,000$6,000 - $12,000
Royalty Fee 6-10%Varies
Advertising Fee --
Year Founded 19742003
Year Franchised 19842003
Term Of Agreement 10 years7 years
Term Of Agreement 10 years7 years
Renewal Fee --


Business Experience Requirements

 
American Leak Detection Franchise
ProSpection Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    American Leak Detection Franchise
    ProSpection 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
    ProSpection 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
    ProSpection 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 ProSpection