Averan Gotcha Covered Opening Package Offer
Averan Advisors gets the books and financial systems for a new Gotcha Covered location ready before opening day, so your first month closes on time. The setup follows Gotcha Covered’s 2026 FDD and your franchise agreement.
The Gotcha Covered opening package
Gotcha Covered’s 2026 FDD puts the cost to open one location at $122,760 to $166,500, so getting the finances right from the start matters.
Averan helps Gotcha Covered franchisees get their books and financial systems ready before opening, with a dedicated home improvement specialist.
- QuickBooks set up for Gotcha Covered’s reporting requirements.
- Build-out spending tracked against Gotcha Covered’s Item 7.
- Loan draw packages prepared for your lender.
- Point of sale, payroll and other systems connected and tested before opening.
Do you have 30 minutes this week? Book a 30-minute call.
Already open with another bookkeeper? See the Gotcha Covered conversion package.
What the Gotcha Covered opening package includes
QuickBooks file
We build a QuickBooks file for your Gotcha Covered location and connect every bank account and card to it.
Reporting format
We set up the chart of accounts so the books produce the monthly report Gotcha Covered asks its owners for.
Analytics package
Each month we compare your results with the figures in Gotcha Covered’s 2026 FDD.
Budget tracker
We turn Gotcha Covered’s Item 7 estimate into your opening budget and record every opening cost against its line.
Loan draw packages
We prepare a file for each loan draw your lender asks for, including SBA loan draws.
Systems connected
We connect the point-of-sale system Gotcha Covered requires, its job scheduling and invoicing system and your payroll to the books.
Tested before opening
Before your Gotcha Covered location opens, we run one test day of sales and one test payroll through the books.
Handoff to monthly
Your Gotcha Covered royalty, brand fund and report due dates go on one calendar for the monthly close.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and send the list of documents we need.
- 2Setup10 business days
We build the QuickBooks file and connect your accounts.
- 3Build-outEach month
We tag every payment to a line of Gotcha Covered’s Item 7 and prepare each loan draw.
- 4Systems45 days before opening
We test the point of sale, the other systems and payroll.
- 5Opening dayYour opening date
We match each day of sales to the deposits that follow it.
Gotcha Covered figures from the FDD
Gotcha Covered franchisees averaged $589,659 of sales in 2025, with a median of $395,105, according to Item 19 of Gotcha Covered’s 2026 FDD, issued 8 April 2026. The 123 in that group are 72%* of Gotcha Covered’s 172 locations. Fees paid to Gotcha Covered come to about 6.61%* of sales. A Gotcha Covered franchise costs $122,760 to $166,500 to open.
The Gotcha Covered initial franchise fee is $69,900, which is part of the Gotcha Covered Item 7 estimate, according to Gotcha Covered’s 2026 FDD.
24 Gotcha Covered locations opened in the last year that Item 20 of Gotcha Covered’s 2026 FDD reports.
At the end of the last year that Item 20 reports, Gotcha Covered had 3 franchise agreements signed for locations not yet open.
Send us to start
- Your signed Gotcha Covered franchise agreement.
- Gotcha Covered’s current FDD.
- The Gotcha Covered monthly report format and the software it uses.
- Your entity documents and EIN letter.
- Your lease, contractor bid and loan agreements.
Access we need
- Your payroll processor.
- The point-of-sale system Gotcha Covered requires.
- The job scheduling and invoicing system.
- The Gotcha Covered reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
- How you want inventory tracked.
Questions from Gotcha Covered owners
Does Averan Advisors work with Gotcha Covered owners?
Averan Advisors sets up and keeps the books for Gotcha Covered owners, and the Averan franchise library has a breakdown of Gotcha Covered’s 2026 FDD with its fees, cost to open and Item 19 figures.
How does the Gotcha Covered royalty show up in the books?
The Gotcha Covered royalty is $350 a month at the start, rising to $1,400 by month 12 and $2,250 from month 37, according to Gotcha Covered’s 2026 FDD. We record it on its own line, so each month’s charge can be checked against your agreement.
What does it cost to open a Gotcha Covered franchise?
Gotcha Covered’s 2026 FDD estimates in Item 7 that opening one Gotcha Covered location costs $122,760 to $166,500. We turn those Item 7 lines into your opening budget and track each payment against them.
What happens after my Gotcha Covered location opens?
Your Gotcha Covered books move to the Monthly Close, which closes each month and sends a profit and loss, a balance sheet and the royalty reconciliation. The QuickBooks file stays yours.
* Averan Advisors calculation from the figures in Gotcha Covered’s 2026 FDD.
Where to next
Talk to us about your Gotcha Covered opening
Send the short form for the Gotcha Covered opening package, or book a 30-minute call about your Gotcha Covered location and your opening date.
Get the offer → Book a 30-minute call