Start-Up Costs and Fees |
||
| HomePros | Koala Insulation | |
| Investment | 101285 - 143475 | 119926 - 159342 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | |
| Advertising Fee | ||
| Year Founded | 2001 | 2020 |
| Year Franchised | 2002 | 2020 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomePros | Koala Insulation | |
| Experience | Industry experience General business experience Basic home repair skills | |
Financing Options |
||
| HomePros | Koala Insulation | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomePros | Koala Insulation | |
| Training | ||
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | Franchise can be run from home. 28% 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 |
||
| HomePros | Koala Insulation | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | 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 | |
| HomePros | |
| Koala Insulation | |
| Franchise Fee | |
| HomePros | |
| Koala Insulation | |
| Royalty Fee | |
| HomePros | 7% |
| Koala Insulation | |
| Advertising Fee | |
| HomePros | |
| Koala Insulation | |
| Year Founded | |
| HomePros | 2001 |
| Koala Insulation | 2020 |
| Year Franchised | |
| HomePros | 2002 |
| Koala Insulation | 2020 |
| Term Of Agreement | |
| HomePros | 5 years |
| Koala Insulation | |
| Renewal Fee | |
| HomePros | |
| Koala Insulation | |
Business Experience Requirements |
|
| Experience | |
| HomePros | Industry experience General business experience Basic home repair skills |
| Koala Insulation | |
Financing Options |
|
| Franchise Fees | |
| HomePros | Yes |
| Koala Insulation | Yes |
| Start-up Costs | |
| HomePros | |
| Koala Insulation | |
| Equipment | |
| HomePros} | |
| Koala Insulation | |
| Inventory | |
| HomePros | |
| Koala Insulation | |
| Receivables | |
| HomePros | |
| Koala Insulation | |
| Payroll | |
| HomePros | |
| Koala Insulation | |
Training & Support |
|
| Training | |
| HomePros | |
| Koala Insulation | |
| Support | |
| HomePros | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations |
| Koala Insulation | |
| Marketing | |
| HomePros | Ad slicks |
| Koala Insulation | |
| Operations | |
| HomePros | Franchise can be run from home. 28% 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) |
| Koala Insulation | |
Expansion Plans |
|
| US Expansion | |
| HomePros | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Koala Insulation | 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 | |
| HomePros | |
| Koala Insulation | |
| International Expansion | |
| HomePros | |
| Koala Insulation | |