Start-Up Costs and Fees |
||
| HomeVestors of America | Ram Jack Foundation Solutions | |
| Investment | 70000 - 426250 | 53200 - 122541 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | |
| Year Founded | 1989 | 2000 |
| Year Franchised | 1996 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | Ram Jack Foundation Solutions | |
| Experience | General business experience | |
Financing Options |
||
| HomeVestors of America | Ram Jack Foundation Solutions | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomeVestors of America | Ram Jack Foundation Solutions | |
| 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 | Ram Jack Foundation Solutions | |
| 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 | |
| Ram Jack Foundation Solutions | |
| Franchise Fee | |
| HomeVestors of America | |
| Ram Jack Foundation Solutions | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| Ram Jack Foundation Solutions | |
| Advertising Fee | |
| HomeVestors of America | Varies |
| Ram Jack Foundation Solutions | |
| Year Founded | |
| HomeVestors of America | 1989 |
| Ram Jack Foundation Solutions | 2000 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| Ram Jack Foundation Solutions | 2000 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| Ram Jack Foundation Solutions | |
| Renewal Fee | |
| HomeVestors of America | |
| Ram Jack Foundation Solutions | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| Ram Jack Foundation Solutions | |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| Ram Jack Foundation Solutions | No |
| Start-up Costs | |
| HomeVestors of America | |
| Ram Jack Foundation Solutions | |
| Equipment | |
| HomeVestors of America} | |
| Ram Jack Foundation Solutions | |
| Inventory | |
| HomeVestors of America | |
| Ram Jack Foundation Solutions | |
| Receivables | |
| HomeVestors of America | |
| Ram Jack Foundation Solutions | |
| Payroll | |
| HomeVestors of America | |
| Ram Jack Foundation Solutions | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| Ram Jack Foundation Solutions | |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Ram Jack Foundation Solutions | |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Ram Jack Foundation Solutions | |
| 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) |
| Ram Jack Foundation Solutions | |
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 |
| Ram Jack Foundation Solutions | 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 | |
| Ram Jack Foundation Solutions | |
| International Expansion | |
| HomeVestors of America | |
| Ram Jack Foundation Solutions | |