Start-Up Costs and Fees |
||
| HomeVestors of America | Kitchen Wise | |
| Investment | 70000 - 426250 | 76850 - 104900 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | |
| Year Founded | 1989 | 2016 |
| Year Franchised | 1996 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | Kitchen Wise | |
| Experience | General business experience | |
Financing Options |
||
| HomeVestors of America | Kitchen Wise | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomeVestors of America | Kitchen Wise | |
| 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 Wise | |
| 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 | |
| Kitchen Wise | |
| Franchise Fee | |
| HomeVestors of America | |
| Kitchen Wise | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| Kitchen Wise | |
| Advertising Fee | |
| HomeVestors of America | Varies |
| Kitchen Wise | |
| Year Founded | |
| HomeVestors of America | 1989 |
| Kitchen Wise | 2016 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| Kitchen Wise | 2016 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| Kitchen Wise | |
| Renewal Fee | |
| HomeVestors of America | |
| Kitchen Wise | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| Kitchen Wise | |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| Kitchen Wise | No |
| Start-up Costs | |
| HomeVestors of America | |
| Kitchen Wise | |
| Equipment | |
| HomeVestors of America} | |
| Kitchen Wise | |
| Inventory | |
| HomeVestors of America | |
| Kitchen Wise | |
| Receivables | |
| HomeVestors of America | |
| Kitchen Wise | |
| Payroll | |
| HomeVestors of America | |
| Kitchen Wise | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| Kitchen Wise | |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Kitchen Wise | |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Kitchen Wise | |
| 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 Wise | |
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 Wise | 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 | |
| Kitchen Wise | |
| International Expansion | |
| HomeVestors of America | |
| Kitchen Wise | |