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Hydro Physics Pipe Inspection

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Hydro Physics Pipe Inspection
1855 W. Union Ave., # N
Englewood, CO 80110
800#: (800) 781-3164
Tel: (303) 781-2474
Fax: (303) 781-2474
E-Mail: [email protected]
Web Site: www.hydrophysics.com
Contact: Mr. Pete Fitzgerald, Dir. Franchise Development


HYDRO PHYSICS specializes in the video inspection of underground pipes. By seeing exactly what and where the problems are located, we can save our customers thousands of dollars in unnecessary repair costs. We are the only franchise specializing in this type of work.




Franchisor Background


Established: 1991
First Franchise: 1998
Franchise Units: 9
Company-Owned Units: 1
Total Units: 10

Distribution:
U.S. -- 10; Canada -- 0; International -- 0
-North America -- Operations in 4 States
-States/Provinces with Greatest Density: 1 in CO, 1 in ID, 1 in MO

Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 4, 3, 2, 2, 2, 5
(Click here for an explanation)

Registered in Following Registration States: CA,VA (Click here for an explanation)
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; NA (Click here for abbreviations)
Encourage Conversion: NA


Financial Requirements

Cash Investment: $25-80K
Total Investment: $68-125K
Average Total Investment: $96.5K
Minimum Net Worth: $250K

Fees:
-Franchise: $19.5K
-Average Franchise Fee: $19.5K
-Royalty: 7.5%
-Average Royalty: 7.5%
-Advertising: 2%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: NA
Lease Negotiation Assistance: NA
Financial Assistance: Yes(I)
Cooperative Advertising: NA
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 2
On-Going Support: B,C,D,e,F,G,H,I (Click here for an explanation)
Training: 2 Weeks in Englewood, CO.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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