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