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Below is an in-depth analysis and side-by-side comparison of Hawkeye's Home Sitters vs Signature Alert Security including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $5,000 - $10,000 | $22,000 - $42,000 |
Franchise Fee | $4,000 - $8,000 | $10,000 - $19,000 |
Royalty Fee | 4% | 10% |
Advertising Fee | - | - |
Year Founded | 1987 | 1999 |
Year Franchised | 1997 | 2003 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | $125 | $3K |
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/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op advertising, National media | Co-op advertising |
Operations |
Franchise can be run from home. 75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
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. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Dennis and Connie Pysyk started a home-sitting business in Edmonton, Alberta, in 1987 and began franchising in 1996. Having been a police officer since 1973, Dennis Pysyk was familiar with residential security issues. While the homeowner is away, the house sitter looks after pets, plants and appliances, picks up newspapers and mail, and gives the home a 'lived-in' look. Since it started, Hawkeye's has dealt with flooded basements, hailstorms and a tornado and cared for cats, dogs, birds, chickens, rabbits, rodents and reptiles.
Signature Alert’s Philosophy of their company is simple which is to provide state of the art equipment, with the highest quality installation, at competitive prices, and provide gold-medal service after the installation.” They install GE (General Electric) and Honeywell equipment which are the highest quality, most user friendly, on the market today. Their installers have an average of 15 years of installation and service experience. After their system is installed, they offer a 24-hour service response guarantee.