Start-Up Costs and Fees |
||
| HomeVestors of America | Honest Abe Roofing | |
| Investment | 70000 - 426250 | 98471 - 330285 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | |
| Year Founded | 1989 | 2017 |
| Year Franchised | 1996 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | Honest Abe Roofing | |
| Experience | General business experience | |
Financing Options |
||
| HomeVestors of America | Honest Abe Roofing | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomeVestors of America | Honest Abe Roofing | |
| 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 | Honest Abe Roofing | |
| 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 | |
| Honest Abe Roofing | |
| Franchise Fee | |
| HomeVestors of America | |
| Honest Abe Roofing | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| Honest Abe Roofing | |
| Advertising Fee | |
| HomeVestors of America | Varies |
| Honest Abe Roofing | |
| Year Founded | |
| HomeVestors of America | 1989 |
| Honest Abe Roofing | 2017 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| Honest Abe Roofing | 2017 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| Honest Abe Roofing | |
| Renewal Fee | |
| HomeVestors of America | |
| Honest Abe Roofing | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| Honest Abe Roofing | |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| Honest Abe Roofing | No |
| Start-up Costs | |
| HomeVestors of America | |
| Honest Abe Roofing | |
| Equipment | |
| HomeVestors of America} | |
| Honest Abe Roofing | |
| Inventory | |
| HomeVestors of America | |
| Honest Abe Roofing | |
| Receivables | |
| HomeVestors of America | |
| Honest Abe Roofing | |
| Payroll | |
| HomeVestors of America | |
| Honest Abe Roofing | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| Honest Abe Roofing | |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Honest Abe Roofing | |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Honest Abe Roofing | |
| 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) |
| Honest Abe Roofing | |
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 |
| Honest Abe Roofing | 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 | |
| Honest Abe Roofing | |
| International Expansion | |
| HomeVestors of America | |
| Honest Abe Roofing | |