Start-Up Costs and Fees |
||
| Gemini Tub Repair | HomeVestors of America | |
| Investment | 30500 - 34800 | 70000 - 426250 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | $49/wk. | Varies |
| Advertising Fee | Varies | |
| Year Founded | 1984 | 1989 |
| Year Franchised | 2003 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gemini Tub Repair | HomeVestors of America | |
| Experience | General business experience | |
Financing Options |
||
| Gemini Tub Repair | HomeVestors of America | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | Yes |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Gemini Tub Repair | HomeVestors of America | |
| Training | 1 week initial training | |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchise can be run from home. 0% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Less than 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Gemini Tub Repair | HomeVestors of America | |
| US Expansion | Mid West, North East, South, South East, | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gemini Tub Repair | |
| HomeVestors of America | |
| Franchise Fee | |
| Gemini Tub Repair | |
| HomeVestors of America | |
| Royalty Fee | |
| Gemini Tub Repair | $49/wk. |
| HomeVestors of America | Varies |
| Advertising Fee | |
| Gemini Tub Repair | |
| HomeVestors of America | Varies |
| Year Founded | |
| Gemini Tub Repair | 1984 |
| HomeVestors of America | 1989 |
| Year Franchised | |
| Gemini Tub Repair | 2003 |
| HomeVestors of America | 1996 |
| Term Of Agreement | |
| Gemini Tub Repair | 10 years |
| HomeVestors of America | 5 years |
| Renewal Fee | |
| Gemini Tub Repair | 10% of franchise fee |
| HomeVestors of America | |
Business Experience Requirements |
|
| Experience | |
| Gemini Tub Repair | |
| HomeVestors of America | General business experience |
Financing Options |
|
| Franchise Fees | |
| Gemini Tub Repair | No |
| HomeVestors of America | No |
| Start-up Costs | |
| Gemini Tub Repair | |
| HomeVestors of America | |
| Equipment | |
| Gemini Tub Repair} | |
| HomeVestors of America | |
| Inventory | |
| Gemini Tub Repair | |
| HomeVestors of America | |
| Receivables | |
| Gemini Tub Repair | |
| HomeVestors of America | |
| Payroll | |
| Gemini Tub Repair | |
| HomeVestors of America | |
Training & Support |
|
| Training | |
| Gemini Tub Repair | |
| HomeVestors of America | 1 week initial training |
| Support | |
| Gemini Tub Repair | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | |
| Gemini Tub Repair | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Gemini Tub Repair | Franchise can be run from home. 0% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| HomeVestors of America | Less than 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Gemini Tub Repair | Mid West, North East, South, South East, |
| HomeVestors of America | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Gemini Tub Repair | |
| HomeVestors of America | |
| International Expansion | |
| Gemini Tub Repair | |
| HomeVestors of America | |