Start-Up Costs and Fees |
||
| Kitchen New Look | HomeVestors of America | |
| Investment | 65000 - 65000 | 70000 - 426250 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | |
| Year Founded | 2002 | 1989 |
| Year Franchised | 2007 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kitchen New Look | HomeVestors of America | |
| Experience | General business experience | |
Financing Options |
||
| Kitchen New Look | HomeVestors of America | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Kitchen New Look | HomeVestors of America | |
| 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 |
||
| Kitchen New Look | HomeVestors of America | |
| 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 | Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kitchen New Look | |
| HomeVestors of America | |
| Franchise Fee | |
| Kitchen New Look | |
| HomeVestors of America | |
| Royalty Fee | |
| Kitchen New Look | |
| HomeVestors of America | Varies |
| Advertising Fee | |
| Kitchen New Look | |
| HomeVestors of America | Varies |
| Year Founded | |
| Kitchen New Look | 2002 |
| HomeVestors of America | 1989 |
| Year Franchised | |
| Kitchen New Look | 2007 |
| HomeVestors of America | 1996 |
| Term Of Agreement | |
| Kitchen New Look | |
| HomeVestors of America | 5 years |
| Renewal Fee | |
| Kitchen New Look | |
| HomeVestors of America | |
Business Experience Requirements |
|
| Experience | |
| Kitchen New Look | |
| HomeVestors of America | General business experience |
Financing Options |
|
| Franchise Fees | |
| Kitchen New Look | |
| HomeVestors of America | |
| Start-up Costs | |
| Kitchen New Look | |
| HomeVestors of America | |
| Equipment | |
| Kitchen New Look} | |
| HomeVestors of America | |
| Inventory | |
| Kitchen New Look | |
| HomeVestors of America | |
| Receivables | |
| Kitchen New Look | |
| HomeVestors of America | |
| Payroll | |
| Kitchen New Look | |
| HomeVestors of America | |
Training & Support |
|
| Training | |
| Kitchen New Look | |
| HomeVestors of America | 1 week initial training |
| Support | |
| Kitchen New Look | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | |
| Kitchen New Look | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Kitchen New Look | |
| 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 | |
| Kitchen New Look | |
| 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 | |
| Kitchen New Look | Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan |
| HomeVestors of America | |
| International Expansion | |
| Kitchen New Look | |
| HomeVestors of America | |