Start-Up Costs and Fees |
||
| HomeVestors of America | CORE Group Restoration | |
| Investment | 70000 - 426250 | 76000 - 371150 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | |
| Year Founded | 1989 | 2019 |
| Year Franchised | 1996 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | CORE Group Restoration | |
| Experience | General business experience | |
Financing Options |
||
| HomeVestors of America | CORE Group Restoration | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomeVestors of America | CORE Group Restoration | |
| 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 | CORE Group Restoration | |
| 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 | 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 | |
| HomeVestors of America | |
| CORE Group Restoration | |
| Franchise Fee | |
| HomeVestors of America | |
| CORE Group Restoration | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| CORE Group Restoration | |
| Advertising Fee | |
| HomeVestors of America | Varies |
| CORE Group Restoration | |
| Year Founded | |
| HomeVestors of America | 1989 |
| CORE Group Restoration | 2019 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| CORE Group Restoration | 2019 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| CORE Group Restoration | |
| Renewal Fee | |
| HomeVestors of America | |
| CORE Group Restoration | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| CORE Group Restoration | |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| CORE Group Restoration | No |
| Start-up Costs | |
| HomeVestors of America | |
| CORE Group Restoration | |
| Equipment | |
| HomeVestors of America} | |
| CORE Group Restoration | |
| Inventory | |
| HomeVestors of America | |
| CORE Group Restoration | |
| Receivables | |
| HomeVestors of America | |
| CORE Group Restoration | |
| Payroll | |
| HomeVestors of America | |
| CORE Group Restoration | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| CORE Group Restoration | |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| CORE Group Restoration | |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| CORE Group Restoration | |
| 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) |
| CORE Group Restoration | |
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 |
| CORE Group Restoration | 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 | |
| HomeVestors of America | |
| CORE Group Restoration | |
| International Expansion | |
| HomeVestors of America | |
| CORE Group Restoration | |