FranchiseVerdict
American Leak Detection logo
FV-00121·MODERATEExcellent81

American Leak Detection

Home Services - Plumbing & HVACFranchising since 1985Website
Investment
$77K – $260K
13th pct Plumbing & HV…
Avg revenue
63rd pct Plumbing & HV…
Royalty
10.0%
71st pct Plumbing & HV…
Units
146
67th pct Plumbing & HV…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $77K – $260K including a $30K franchise fee, 10.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 59/100. SBA loan default rate of 0.0% across 25 loans (below the industry average).
  • System contracting at -16.0% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
American Leak Detection, Inc.
Parent company
Water Intelligence plc
Incorporated in
California
HQ
199 Whitney Avenue, New Haven, Connecticut 06511
Auditor
Marcum LLP
Audited financials
Franchisor revenue
$49.5M
vs $65.9M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one American Leak Detection unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $77K–$260K
Working capital
$
FDD reports $18K–$33K

Unlevered ROIC · per unit

23%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$45K
EBITDA margin
6.0%
Total invested
$193K
Payback
52 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

American Leak Detection franchisees operate leak detection and locating services for residential and commercial customers. Day-to-day activities include conducting water leak investigations using acoustic/electronic equipment, preparing diagnostic reports, coordinating with plumbers/contractors, managing service calls, and building recurring customer relationships. Revenue is primarily derived from per-job service fees and potential referral partnerships with repair contractors.

CEO
Patrick DeSouza
Founded
1974
FDD year
2023
States available
33

Item 7 · what it costs

The Vitals

Total investment
$77K – $260K
All-in to open one unit
Liquid capital
$18K – $33K
Cash you must have on hand
Franchise fee
$30K
Royalty
10.0%
Sliding scale based on Adjusted Gross Volume · typical 6–8%
Ad fund
n/d
Total fee load
10.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
146
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
41
Corporate units in the system
% franchised
72%
vs corporate-owned
Multi-unit owners
15.6%
Net growth (yr3)
-11.8%
Net unit change last year
3-yr CAGR
-16.0%
Compounded over last 3 years
2021
105-3
Franchised units
2022
119
Franchised units
2023
125
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 26 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 26 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
25
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

59
Risk · 0-100
MODERATE59 / 100

Declining unit count combined with withheld financial performance data creates material uncertainty about franchisee profitability and system health.

Score breakdown · what drove the 59 / 100 rating

  1. 01MEDUnit count declined 11.8% YoY (146 → ~129 units), indicating system contraction and potential franchisee struggles
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents realistic ROI assessment and profitability validation
  3. 03MINORWide investment range ($76.7K–$259.5K) suggests inconsistent territory valuations and unclear initial capital requirements
  4. 04MINORTiered royalty structure (10%→6%) creates opaque earnings projections and incentivizes aggressive revenue claims
  5. 05MINOR5-year term is relatively short for service-based franchise requiring customer relationship rebuilding
  6. 06HIGHNo litigation disclosure provided, though absence doesn't confirm clean history—requires independent verification

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population-based
Protected territory
Yes
Initial term
5 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
3 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
State of Operating Territory

Item 11

Training & Operations

Classroom training
72 hrs
On-the-job training
220 hrs
POS system
QuickBooks Online
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

74 numbers

Locked
(509) 536-••••
Cassidy, Margaret P.O. Box
ID
(386) 756-••••
Corporate American Leak Deteection, Inc.
FL
(504) 522-••••
Corporate American Leak Detection, Inc.
LA

One-time purchase · CSV download · Validation questions included

FDD download

American Leak Detection · FDD (2023) PDF

Single-page checkout · instant download · CSV export of contacts available separately above