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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
Year Established: 1991
Franchising Since: 1998
Operating Units: |
| Franchised Units: | 18 | | 100% | | |
| Company-Owned Units: | 0 | | 0% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 18 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 18 | | 100% | | In 4 States |
| Canada: | 0 | | 0% | | In 0 Canadian Provinces |
| International: | 0 | | 0% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 18 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. Washington | 3 | | 2. Colorado | 3 | | 3. Missouri | 1 |
Registered in Following Registration States: California, Virginia
Financial Requirements
Investment: |
| Minimum Net Worth: | $200K |
| Cash Investment: | $25K |
| Total Investment: | $95K |
| Average Total Investment: | $95K |
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Fees: |
| Initial Franchise Fee: | $29.5K |
| Average Franchise Fee: | $29K |
| On-Going Royalty: | 7.5% |
| Average Royalty: | 7% |
| Advertising Fee: | 2% |
Average Number of Employees: 4 Full-time, 0 Part-time
Space Needs (in square footage): N/A
Preferred Sites:
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | No |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | No |
| Size of Corporate Staff: | 4 |
| Site Selection Assistance? | Yes |
| Lease Negotiation Assistance? | Yes |
| Financial Assistance? | Yes, Indirect |
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Marketing Support: |
| Co-Op Advertising: | Yes |
| National Advertising: | No |
| Regional Advertising: | Yes |
| Local Advertising: | Yes |
| Marketing Materials: | Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos |
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Online Extranet, Press Releases, Sales Strategies |
| Other Marketing Support: | None Specified |
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On-Going Support: |
| Central Data Processing: | Not Applicable |
| Central Purchasing: | Not Applicable |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Not Applicable |
| Inventory Control: | Included in Fees |
| Franchisee Newsletter: | Included in Fees |
| Regional or National Meetings: | Included in Fees |
| 800 Telephone Hotline: | Included in Fees |
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Training: |
| 1. Englewood, CO | 2 Weeks |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 4 |
| General Business Experience: | 3 |
| Specific Industry Experience: | 2 |
| Formal Education: | 2 |
| Psychological Profile: | 2 |
| Personal Interview(s): | 5 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | N/A |
| Asian-American: | N/A |
| Hispanic: | N/A |
| Native American: | N/A |
| Other: | N/A |
| Specific Minority: | N/A |
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Terms of Contract
| Term of Initial Contract: | 10 Year(s) |
| Term of Renewal Period: | 10 Year(s) |
| Passive Ownership: | Not Allowed |
| Area Development Agreements? | Yes, for 10 Year(s) |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 20
| U.S.: | Yes, All United States |
| Canada: | Yes |
| Overseas: | No |
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