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Updated RecentlyAmerican Leak Detection vs ReNew Refinishing Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of American Leak Detection vs ReNew Refinishing 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 | N/A |
| Franchise Fee | $29,500 - $120,000 | N/A |
| Royalty Fee | 6-10% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | 2006 |
| Year Franchised | 1984 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 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 | -/- |
| 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 | - |
| 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)
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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 ReNew Refinishing
Commercial Tub/Tile/Kitchen Refinishing.