Start-Up Costs and Fees |
||
| HomeVestors of America | HomeStory Doors and More | |
| Investment | 70000 - 426250 | 157250 - 298500 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | varies |
| Advertising Fee | Varies | varies |
| Year Founded | 1989 | 2011 |
| Year Franchised | 1996 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | HomeStory Doors and More | |
| Experience | General business experience | Business Experience: · General business experience · Sales skills · Home improvement experience not required |
Financing Options |
||
| HomeVestors of America | HomeStory Doors and More | |
| 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 | HomeStory Doors and More | |
| Training | 1 week initial training | |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op advertising, 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) | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1-4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| HomeVestors of America | HomeStory Doors and More | |
| 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 | California, |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HomeVestors of America | |
| HomeStory Doors and More | |
| Franchise Fee | |
| HomeVestors of America | |
| HomeStory Doors and More | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| HomeStory Doors and More | varies |
| Advertising Fee | |
| HomeVestors of America | Varies |
| HomeStory Doors and More | varies |
| Year Founded | |
| HomeVestors of America | 1989 |
| HomeStory Doors and More | 2011 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| HomeStory Doors and More | 2011 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| HomeStory Doors and More | 5 years |
| Renewal Fee | |
| HomeVestors of America | |
| HomeStory Doors and More | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| HomeStory Doors and More | Business Experience: · General business experience · Sales skills · Home improvement experience not required |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| HomeStory Doors and More | No |
| Start-up Costs | |
| HomeVestors of America | |
| HomeStory Doors and More | |
| Equipment | |
| HomeVestors of America} | |
| HomeStory Doors and More | |
| Inventory | |
| HomeVestors of America | |
| HomeStory Doors and More | |
| Receivables | |
| HomeVestors of America | |
| HomeStory Doors and More | |
| Payroll | |
| HomeVestors of America | |
| HomeStory Doors and More | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| HomeStory Doors and More | |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| HomeStory Doors and More | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| HomeStory Doors and More | Co-op advertising, Regional advertising |
| 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) |
| HomeStory Doors and More | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1-4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
| HomeStory Doors and More | California, |
| Canada Expansion | |
| HomeVestors of America | |
| HomeStory Doors and More | 0 |
| International Expansion | |
| HomeVestors of America | |
| HomeStory Doors and More | |