Start-Up Costs and Fees |
||
| PERMA-DRY Systems | HomeVestors of America | |
| Investment | 180000 - 999999 | 70000 - 426250 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | Varies |
| Advertising Fee | Varies | |
| Year Founded | 1980 | 1989 |
| Year Franchised | 1990 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| PERMA-DRY Systems | HomeVestors of America | |
| Experience | General business experience | |
Financing Options |
||
| PERMA-DRY Systems | HomeVestors of America | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| PERMA-DRY Systems | HomeVestors of America | |
| Training | Headquarters in Dartmouth, NS 2 Weeks | 1 week initial training |
| Support | Central Data Processing Field Operation Evaluation Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged | 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 |
||
| PERMA-DRY Systems | 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 | 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 | Canada, United Kingdom |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| PERMA-DRY Systems | |
| HomeVestors of America | |
| Franchise Fee | |
| PERMA-DRY Systems | |
| HomeVestors of America | |
| Royalty Fee | |
| PERMA-DRY Systems | 5% |
| HomeVestors of America | Varies |
| Advertising Fee | |
| PERMA-DRY Systems | |
| HomeVestors of America | Varies |
| Year Founded | |
| PERMA-DRY Systems | 1980 |
| HomeVestors of America | 1989 |
| Year Franchised | |
| PERMA-DRY Systems | 1990 |
| HomeVestors of America | 1996 |
| Term Of Agreement | |
| PERMA-DRY Systems | 5 years +5 |
| HomeVestors of America | 5 years |
| Renewal Fee | |
| PERMA-DRY Systems | |
| HomeVestors of America | |
Business Experience Requirements |
|
| Experience | |
| PERMA-DRY Systems | |
| HomeVestors of America | General business experience |
Financing Options |
|
| Franchise Fees | |
| PERMA-DRY Systems | |
| HomeVestors of America | |
| Start-up Costs | |
| PERMA-DRY Systems | |
| HomeVestors of America | |
| Equipment | |
| PERMA-DRY Systems} | |
| HomeVestors of America | |
| Inventory | |
| PERMA-DRY Systems | |
| HomeVestors of America | |
| Receivables | |
| PERMA-DRY Systems | |
| HomeVestors of America | |
| Payroll | |
| PERMA-DRY Systems | |
| HomeVestors of America | |
Training & Support |
|
| Training | |
| PERMA-DRY Systems | Headquarters in Dartmouth, NS 2 Weeks |
| HomeVestors of America | 1 week initial training |
| Support | |
| PERMA-DRY Systems | Central Data Processing Field Operation Evaluation Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | |
| PERMA-DRY Systems | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| PERMA-DRY Systems | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged |
| 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 | |
| PERMA-DRY Systems | 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 |
| 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 | |
| PERMA-DRY Systems | |
| HomeVestors of America | |
| International Expansion | |
| PERMA-DRY Systems | Canada, United Kingdom |
| HomeVestors of America | |