Start-Up Costs and Fees |
||
| HomeVestors of America | Koala Insulation | |
| Investment | 70000 - 426250 | 119926 - 159342 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | |
| Year Founded | 1989 | 2020 |
| Year Franchised | 1996 | 2020 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | Koala Insulation | |
| Experience | General business experience | |
Financing Options |
||
| HomeVestors of America | Koala Insulation | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomeVestors of America | Koala Insulation | |
| 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 | Koala Insulation | |
| 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 | |
| Koala Insulation | |
| Franchise Fee | |
| HomeVestors of America | |
| Koala Insulation | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| Koala Insulation | |
| Advertising Fee | |
| HomeVestors of America | Varies |
| Koala Insulation | |
| Year Founded | |
| HomeVestors of America | 1989 |
| Koala Insulation | 2020 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| Koala Insulation | 2020 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| Koala Insulation | |
| Renewal Fee | |
| HomeVestors of America | |
| Koala Insulation | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| Koala Insulation | |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| Koala Insulation | No |
| Start-up Costs | |
| HomeVestors of America | |
| Koala Insulation | |
| Equipment | |
| HomeVestors of America} | |
| Koala Insulation | |
| Inventory | |
| HomeVestors of America | |
| Koala Insulation | |
| Receivables | |
| HomeVestors of America | |
| Koala Insulation | |
| Payroll | |
| HomeVestors of America | |
| Koala Insulation | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| Koala Insulation | |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Koala Insulation | |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Koala Insulation | |
| 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) |
| Koala Insulation | |
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 |
| 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 | |
| HomeVestors of America | |
| Koala Insulation | |
| International Expansion | |
| HomeVestors of America | |
| Koala Insulation | |