Waterway Co-op vs HMI Concrete raising Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Waterway Co-op vs HMI Concrete raising including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Waterway Co-op Franchise
HMI Concrete raising Franchise
Investment $100,000 - And Up$50,000
Franchise Fee $30,000N/A
Royalty Fee 0-
Advertising Fee 0-
Year Founded -1974
Year Franchised -1974
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Waterway Co-op Franchise
HMI Concrete raising Franchise
Experience You must have an interest in the fire-fighting industry. Ideally be a career or volunteer fire-fighter or know someone with that background who can participate. Should be able to find funds for the one time franchise fee of $30,000, which gives you the rights to the custom built Waterway testing system, the marketing and advertising designs, network support and training, the 24 hour software test record program.. and 20 years of experience! Plus a further $30,000 for all the hose and ladder testing equipment- the pump, adaptors, hose rolling tables, ladder testing tools... everything you need to get started. This EXCLUDES the trailer which will need to be purchased separately for approx $6,000. You should allow for a further $15,000 - $25,000 to cover 'soft' costs such as insurance, admin, crew clothing, working capital etc. -

Financing Options
 
Waterway Co-op Franchise
HMI Concrete raising Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Waterway Co-op Franchise
HMI Concrete raising Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Waterway Co-op Franchise
HMI Concrete raising Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Waterway Co-op

Waterway is the fastest growing fire-hose testing company in the USA through its rapidly expanding franchise network. In most States, no formal competition anywhere means you can build your given territory your way. State of the art equipment means most efficient system for Fire Departments and virtual guarantee of repeat business. You can benefit from 30 years of experience and trade secrets. Profit opportunities from numerous services and products lead to highly lucrative returns. Low risk, steady growth and relatively low investment costs. Recession proof.. hose testing is an annual NFPA requirement. On going training and franchise support always available.. you're IN business yourself but not BY yourself. Build your own financial future with a proven business model and the experience of 30 years in the business.

About HMI Concrete raising

"HMI

HMI began as RaiseRite Concrete Lifting, Inc. in 1974. At that time, the only slab raising pumps on the market were mechanical pumps designed in the 1950’s, and needless to say, innovation wasn’t a descriptive word for our industry.

Innovation and meeting customers’ expectations has driven us to become a world
leading manufacturer of concrete raising equipment and materials.
Through our history, we have led the concrete raising industry by developing and introducing self-propulsion, radio remote control, increased pumping speeds, and other improvements to our equipment to meet the concrete raising industry’s needs.