American Leak Detection vs HOCOA Franchise Comparison

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

Start-Up Costs and Fees
 
American Leak Detection Franchise
HOCOA Franchise
Investment $76,755 - $259,550$101,000 - And Up
Franchise Fee $29,500 - $120,000$25,900
Royalty Fee 6-10%-
Advertising Fee --
Year Founded 19741994
Year Franchised 19841999
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


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

    Financing Options
     
    American Leak Detection Franchise
    HOCOA 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
    HOCOA 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
    HOCOA Franchise
    US Expansion YesYes
    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 HOCOA

    The Hocoa Franchise Opportunity is perfect for an entrepreneur that wants financial independence without a storefront or inventory. We are a home repair network for homeowners and contractors. You will get complete training, operations manual, marketing plan, artwork and custom management software. HOCOA has been in operation since 1994. Our franchises span from the west to the east coast. Franchise cost includes: *Computer Software Package, custom designed for the operation of HOCOA: *Specified Territory *Marketing Plan *Computer Training Manual *Operations Manual *Artwork and use of Recognized Logo *Support Services *Training Seminar