Start-Up Costs and Fees |
||
| Elliott & Company Appraisers | American Leak Detection | |
| Investment | 3700 - 18900 | 76755 - 259550 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 8-18% | 6-10% |
| Advertising Fee | ||
| Year Founded | 1980 | 1974 |
| Year Franchised | 1993 | 1984 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Elliott & Company Appraisers | American Leak Detection | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Elliott & Company Appraisers | American Leak Detection | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Elliott & Company Appraisers | American Leak Detection | |
| Training | State required continuing education every year | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising National Media Regional Advertising SEO Website development |
| Operations | Franchise can be run from home. 0% 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. 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 |
||
| Elliott & Company Appraisers | American Leak Detection | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Australia/New Zealand, Canada, Central America, Eastern Europe, Japan, Mexico, South America, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Elliott & Company Appraisers | |
| American Leak Detection | |
| Franchise Fee | |
| Elliott & Company Appraisers | |
| American Leak Detection | |
| Royalty Fee | |
| Elliott & Company Appraisers | 8-18% |
| American Leak Detection | 6-10% |
| Advertising Fee | |
| Elliott & Company Appraisers | |
| American Leak Detection | |
| Year Founded | |
| Elliott & Company Appraisers | 1980 |
| American Leak Detection | 1974 |
| Year Franchised | |
| Elliott & Company Appraisers | 1993 |
| American Leak Detection | 1984 |
| Term Of Agreement | |
| Elliott & Company Appraisers | 5 years |
| American Leak Detection | 10 years |
| Renewal Fee | |
| Elliott & Company Appraisers | $500 |
| American Leak Detection | |
Business Experience Requirements |
|
| Experience | |
| Elliott & Company Appraisers | |
| American Leak Detection | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Elliott & Company Appraisers | No |
| American Leak Detection | No |
| Start-up Costs | |
| Elliott & Company Appraisers | |
| American Leak Detection | |
| Equipment | |
| Elliott & Company Appraisers} | |
| American Leak Detection | |
| Inventory | |
| Elliott & Company Appraisers | |
| American Leak Detection | |
| Receivables | |
| Elliott & Company Appraisers | |
| American Leak Detection | |
| Payroll | |
| Elliott & Company Appraisers | |
| American Leak Detection | |
Training & Support |
|
| Training | |
| Elliott & Company Appraisers | State required continuing education every year |
| American Leak Detection | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention |
| Support | |
| Elliott & Company Appraisers | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| American Leak Detection | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Elliott & Company Appraisers | Co-op advertising, Ad slicks, National media, Regional advertising |
| American Leak Detection | Co-op Advertising National Media Regional Advertising SEO Website development |
| Operations | |
| Elliott & Company Appraisers | Franchise can be run from home. 0% 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) |
| American Leak Detection | 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 |
|
| US Expansion | |
| Elliott & Company Appraisers | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| American Leak Detection | |
| Canada Expansion | |
| Elliott & Company Appraisers | |
| American Leak Detection | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Elliott & Company Appraisers | |
| American Leak Detection | Australia/New Zealand, Canada, Central America, Eastern Europe, Japan, Mexico, South America, Western Europe, |