Plumbing Paramedics vs Gotcha Covered
Franchise Comparison 2026
Both Plumbing Paramedics and Gotcha Covered are home services franchises. Plumbing Paramedics requires an investment of $96K – $193K while Gotcha Covered requires $123K – $167K. In terms of revenue, Plumbing Paramedics reports higher average unit revenue at $1.4M. Gotcha Covered has SBA lending data on file with a 12.7% charge-off rate. FranchiseVerdict rates Plumbing Paramedics A (Strongest tier) and Gotcha Covered A (Strongest tier).
| Metric | Plumbing Paramedics | Gotcha Covered |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| Investment Range | $96K – $193K | $123K – $167K |
| Franchise Fee | $40K | $70K |
| Royalty Rate | 5.0% | 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 |
| Average Revenue (Item 19) | $1.4M | $590K |
| SBA Charge-Off Rate | Limited data | 12.7% (55 loans) |
| Total Units | 15 | 172 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2021 | 2009 |
| FDD Year | 2026 | 2026 |
Investment Range
$96K – $193K
$123K – $167K
Franchise Fee
$40K
$70K
Royalty Rate
5.0%
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
Average Revenue (Item 19)
$1.4M
$590K
SBA Charge-Off Rate
Limited data
12.7% (55 loans)
Total Units
15
172
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2021
2009
FDD Year
2026
2026