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Updated RecentlyAmerican Leak Detection vs Canadian Residential Inspection Services Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of American Leak Detection vs Canadian Residential Inspection Services 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 | $24,500 - $29,500 |
| Franchise Fee | $29,500 - $120,000 | $19,500 |
| Royalty Fee | 6-10% | 0 |
| Advertising Fee | - | $100/mo |
| Year Founded | 1974 | 1988 |
| Year Franchised | 1984 | 2001 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Some residential construction knowledge is an asset. Marketing skills. Position requires good communication and people skills. Must be an independent self motivated worker
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Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention | 250 hours of distance education that can be completed from your home with a written exam to follow, then a full week of one- on-one practical field training that occurs at Headquarters. |
| Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Ongoing support. Field operations/evaluations, Meetings, Internet, Phone line |
| Marketing | Co-op Advertising National Media Regional Advertising SEO Website development | Ad slicks, National media, access to national advertising fund, relocation |
| 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. Absentee ownership of franchise is NOT allowed. Can be run without additional employees. |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
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 Canadian Residential Inspection Services
Canadian Residential Inspection Services, Ltd. is a solely Canadian-owned company. The company was established in 1988 to address the inspection needs of the real estate marketplace, and since that time has developed an innovative expertise in the industry. It provides a visual inspection of the property that includes items such as surface grading and drainage, roofing, insulation, ventilation, chimneys, exterior siding, windows and doors, structural integrity, foundation, electrical and plumbing.
Part of the firms' success has been in its development of professional standards and rigorous training. The training focuses on in-depth knowledge of residential construction techniques, defect recognition and report writing.
At Canadian Residential Inspection Services, we supply comprehensive training, target marketing, and ongoing support. With this type of backing, it's easy to be a strong team player.