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FranchiseVerdict

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2 brands side-by-side

Compare up to 4 brands side by side

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Brand
SweetWater Technologies (powered by Gripp) logoDBelow Average
SweetWater Technologies (powered by Gripp)
Home Services
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Clozetivity logoATop Quintile
Clozetivity
Home Services
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Vitals
Investment range
$89K – $191K
$82K – $197K
Liquid capital
$2K – $15K
$15K – $30K
Franchise fee
$10K
$39K
Royalty rate
0.3%
N/A
Ad fund rate
3.0%
2.0%
Performance
Avg gross sales
$147K
$512K
Median gross sales
$134K
N/A
Avg owner earnings
Metric varies by brand. Check type below
N/A
N/A
Earnings metric
Not classified
Not classified
Risk
Rating
DBelow Average
ATop Quintile
Risk score
71 / 100
37 / 100
SBA charge-off rate
N/A
N/A
SBA loans on record
N/A
N/A
Scale
Total units
5
57
Net change (latest yr)
N/A
N/A
Turnover rate
20.0%
15.8%
Contract
Initial term (years)
5
10
Renewal term (years)
5
5
Initial training (hrs)
40
25
Contacts
Franchisee phones
19
25

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