Start-Up Costs and Fees |
||
| HomeVestors of America | Reface It | |
| Investment | 70000 - 426250 | 75000 - 140000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | |
| Year Founded | 1989 | 0 |
| Year Franchised | 1996 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | Reface It | |
| Experience | General business experience | |
Financing Options |
||
| HomeVestors of America | Reface It | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomeVestors of America | Reface It | |
| 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 | Reface It | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HomeVestors of America | |
| Reface It | |
| Franchise Fee | |
| HomeVestors of America | |
| Reface It | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| Reface It | |
| Advertising Fee | |
| HomeVestors of America | Varies |
| Reface It | |
| Year Founded | |
| HomeVestors of America | 1989 |
| Reface It | 0 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| Reface It | 0 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| Reface It | |
| Renewal Fee | |
| HomeVestors of America | |
| Reface It | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| Reface It | |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| Reface It | No |
| Start-up Costs | |
| HomeVestors of America | |
| Reface It | |
| Equipment | |
| HomeVestors of America} | |
| Reface It | |
| Inventory | |
| HomeVestors of America | |
| Reface It | |
| Receivables | |
| HomeVestors of America | |
| Reface It | |
| Payroll | |
| HomeVestors of America | |
| Reface It | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| Reface It | |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Reface It | |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Reface It | |
| 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) |
| Reface It | |
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 |
| Reface It | |
| Canada Expansion | |
| HomeVestors of America | |
| Reface It | |
| International Expansion | |
| HomeVestors of America | |
| Reface It | |