888 Research Dr., # 100, P. O. Box 1701
Palm Springs, CA 92263
800#: (800) 755-6697
Tel: (760) 320-9991
Fax: (760) 320-1288
E-Mail: sbangs@ leakbusters.com
Web Site: www.leakbusters.com
Contact: Ms. Sheila T. Bangs, Director of Franchise Sales
Electronic detection of water, drain, waste, sewer and gas leaks under concrete slabs of homes, commercial buildings, pools, spas, fountains, etc. with equipment commissioned/ manufactured by company.
Franchisor Background
| Established: |
1974; |
First Franchise: |
1985 |
| Franchise Units: |
303 |
| Company-Owned Units: |
2 |
| Total Units: |
305 |
Distribution:
U.S. -- 229;
Canada -- 8;
International -- 68
> North America -- Operations in 38 States, 3 Provinces
> States/Provinces with Greatest Density: 63 in CA, 29 in FL, 17 in TX
|
| Projected New Units Over Next 12 months: 8 |
| Franchisee Qualifications: 3, 3, 2, 2, 2, 3
(for an explanation
click here) |
| Registered in Following Registration States: CA,FL,HI,IL,IN,MD,MI,MN,NY,OR,RI,VA,WA,WI,DC,AB |
| Average Number of Employees: 1-4 FT, 2 PT (FT = Full Time, PT = Part Time) |
| Space Needs: NR SF; NR
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$45-120K |
|
| Total Investment: |
$75-150K; |
|
Average Total Investment: |
$117K |
|
| Minimum Net Worth: |
$Varies |
|
| Fees: |
Franchise: |
$49.5K+; |
Average Franchise Fee: |
$54K |
|
Royalty: |
8-10% |
|
Advertising: |
N/A |
| Provide Earning Claim Statement: No
|
Terms of Contract
| Term of Contract (Years): |
10/10 |
| Passive Ownership: |
Discouraged |
| Encourage Conversions: |
N/A |
| Area Development Agreements: |
No |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(D) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
N/A |
| Lease Negotiation Assistance: |
N/A |
| Cooperative Advertising: |
Yes |
| Franchisee Assoc. / Member: |
Yes/Yes |
| Size Of Corporate Staff: |
42 |
| On-Going Support: |
a,B,C,D,f,G,H,I
(for an explanation click
here) |
| Training: |
6-10 Weeks Palm Springs, CA. |
Franchisor's Specific Expansion Plans
| U.S.: |
Northeast, Midwest |
| Canada: |
MB, SK, AB |
| Overseas: |
Western Europe, Far East, South America, Middle East |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.