National Water Surveying
No longer franchising

National Water Surveying

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Promoted Opportunities

Initial Investment

LOW: $95,000
HIGH: $110,000

Change in Units

Company Profile

Founded

2001

Franchising Since

2002 (15 Years)

Corporate Address

5700 100th ST SW Lakewood, WA 98499

About National Water Surveying

When Christine and Ervin Kraemer's domestic well went dry, the couple spent nearly a year researching how they could locate groundwater before drilling a new well. They founded NorthWest Aquifer in 2001 based on the technology they discovered for that purpose. The company started franchising the next year.

Franchisees use electro-seismic technology to locate and map groundwater for a range of clients, including home owners, developers, engineering firms, and utilities suppliers

Financials

Financial Requirements

Initial Investment

$95,000 - $110,000

Net-worth Requirement

$35,000

Ongoing Fees

Initial Franchise Fee

$40,000

Ongoing Royalty Fee

6-10%

Financing Options

National Water Surveying has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Units (Locations)

Operations & Franchisor Support

Training at headquarters: 2 weeks

Additional Training: Continued corporate support

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 1

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: June 19th, 2014

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