Start-Up Costs and Fees |
||
| HomeVestors of America | Concrete Craft | |
| Investment | 70000 - 426250 | 141790 - 220070 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | $300-$2K/mo. |
| Advertising Fee | Varies | $300/mo. |
| Year Founded | 1989 | 2006 |
| Year Franchised | 1996 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | Concrete Craft | |
| Experience | General business experience | |
Financing Options |
||
| HomeVestors of America | Concrete Craft | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | Yes | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| HomeVestors of America | Concrete Craft | |
| Training | 1 week initial training | |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 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 |
||
| HomeVestors of America | Concrete Craft | |
| US Expansion | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HomeVestors of America | |
| Concrete Craft | |
| Franchise Fee | |
| HomeVestors of America | |
| Concrete Craft | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| Concrete Craft | $300-$2K/mo. |
| Advertising Fee | |
| HomeVestors of America | Varies |
| Concrete Craft | $300/mo. |
| Year Founded | |
| HomeVestors of America | 1989 |
| Concrete Craft | 2006 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| Concrete Craft | 2008 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| Concrete Craft | 10 years |
| Renewal Fee | |
| HomeVestors of America | |
| Concrete Craft | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| Concrete Craft | |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| Concrete Craft | No |
| Start-up Costs | |
| HomeVestors of America | |
| Concrete Craft | |
| Equipment | |
| HomeVestors of America} | |
| Concrete Craft | |
| Inventory | |
| HomeVestors of America | |
| Concrete Craft | |
| Receivables | |
| HomeVestors of America | |
| Concrete Craft | |
| Payroll | |
| HomeVestors of America | |
| Concrete Craft | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| Concrete Craft | |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Concrete Craft | |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Concrete Craft | |
| Operations | |
| 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) |
| Concrete Craft | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Concrete Craft | |
| Canada Expansion | |
| HomeVestors of America | |
| Concrete Craft | 0 |
| International Expansion | |
| HomeVestors of America | |
| Concrete Craft | |