Hydro Physics Pipe Inspection Corp.
At a Glance
Products & Services: Pipe inspection & locating services
Number of Locations:
Total Investment: $74.9K - 99.5K
Founded: 1991
Began Franchising: 1996
Private Owned
Startup Costs, Ongoing Fees and Financing
Total Investment: $74,900 - $99,500
Franchise Fee: $29,500
Ongoing Royalty Fee: 7.5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $29,500
Ongoing Royalty Fee: 7.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $100,000 - $150,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 2-3 days+.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks,
Franchise Ranking History
Franchise 500®: #413 (2008),