Skip to main content
FranchiseVerdict

Gotcha Covered vs Plumbing Paramedics

Franchise Comparison 2026

Both Gotcha Covered and Plumbing Paramedics are home services franchises. Gotcha Covered requires an investment of $123K – $167K while Plumbing Paramedics requires $96K – $193K. Gotcha Covered discloses average revenue of $590K; Plumbing Paramedics does not report Item 19 data. Gotcha Covered has SBA lending data on file with a 12.7% charge-off rate. FranchiseVerdict rates Gotcha Covered A (Strongest tier) and Plumbing Paramedics A (Strongest tier).

Investment Range
$123K – $167K
$96K – $193K
Franchise Fee
$70K
$40K
Royalty Rate
Fixed monthly flat fee: Month 1 $350, Month 2 $400, Month 3 $450, Month 4 $700, Month 5 $750, Month 6 $800, Month 7 $1,050, Month 8 $1,100, Month 9 $1,150, Month 10 $1,300, Month 11 $1,350, Months 12-36 $1,400, Month 37+ $2,250; plus $0.06 per household over 30,000 in territory
5.0%
Average Revenue (Item 19)
$590K
N/A
SBA Charge-Off Rate
12.7% (55 loans)
Limited data
Total Units
172
15
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2009
2021
FDD Year
2026
2026