American Leak Detection vs Gotcha Covered
Franchise Comparison 2026
Both American Leak Detection and Gotcha Covered are home services franchises. American Leak Detection requires an investment of $77K – $260K while Gotcha Covered requires $123K – $217K. Gotcha Covered discloses average revenue of $580K; American Leak Detection does not report Item 19 data. On SBA loan performance, American Leak Detection has a lower charge-off rate (0.0%) compared to Gotcha Covered (12.7%). FranchiseVerdict rates American Leak Detection A (Top Quintile) and Gotcha Covered C (Average).
| Metric | American Leak Detection | Gotcha Covered |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | CAverageAverage |
| Investment Range | $77K – $260K | $123K – $217K |
| Franchise Fee | $30K | $70K |
| Royalty Rate | 10.0% | Fixed monthly fee from $350 to $2,250 depending on months in operation |
| Average Revenue (Item 19) | N/A | $580K |
| SBA Charge-Off Rate | 0.0% (25 loans) | 12.7% (55 loans) |
| Total Units | 146 | 172 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1985 | 2009 |
| FDD Year | 2023 | 2026 |
Investment Range
$77K – $260K
$123K – $217K
Franchise Fee
$30K
$70K
Royalty Rate
10.0%
Fixed monthly fee from $350 to $2,250 depending on months in operation
Average Revenue (Item 19)
N/A
$580K
SBA Charge-Off Rate
0.0% (25 loans)
12.7% (55 loans)
Total Units
146
172
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1985
2009
FDD Year
2023
2026