Start-Up Costs and Fees |
||
| HomeVestors of America | Systems Paving | |
| Investment | 70000 - 426250 | 39950 - 120800 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | Varies | 6% |
| Advertising Fee | Varies | 2% |
| Year Founded | 1989 | 1992 |
| Year Franchised | 1996 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | Systems Paving | |
| Experience | General business experience | *Strong business acumen *Ability to motivate and lead a team *Positive "can do" attitude *Sales experience preferable *No construction experience necessary |
Financing Options |
||
| HomeVestors of America | Systems Paving | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | Yes | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| HomeVestors of America | Systems Paving | |
| Training | 1 week initial training | 2 weeks of comprehensive training at our California home office for you and your key employees. Once you return home, we provide continued support, including field training at your location. Training includes: *Business planning *Marketing planning and strategies *Sales consultation *Installation training *Best practices |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market | Newsletter, Meetings, Toll-free phone line, Internet |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op advertising, National media, 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) | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| HomeVestors of America | Systems Paving | |
| 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 | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HomeVestors of America | |
| Systems Paving | |
| Franchise Fee | |
| HomeVestors of America | |
| Systems Paving | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| Systems Paving | 6% |
| Advertising Fee | |
| HomeVestors of America | Varies |
| Systems Paving | 2% |
| Year Founded | |
| HomeVestors of America | 1989 |
| Systems Paving | 1992 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| Systems Paving | 2001 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| Systems Paving | 10 years |
| Renewal Fee | |
| HomeVestors of America | |
| Systems Paving | $500 |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| Systems Paving | *Strong business acumen *Ability to motivate and lead a team *Positive "can do" attitude *Sales experience preferable *No construction experience necessary |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| Systems Paving | No |
| Start-up Costs | |
| HomeVestors of America | |
| Systems Paving | |
| Equipment | |
| HomeVestors of America} | |
| Systems Paving | |
| Inventory | |
| HomeVestors of America | |
| Systems Paving | |
| Receivables | |
| HomeVestors of America | |
| Systems Paving | |
| Payroll | |
| HomeVestors of America | |
| Systems Paving | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| Systems Paving | 2 weeks of comprehensive training at our California home office for you and your key employees. Once you return home, we provide continued support, including field training at your location. Training includes: *Business planning *Marketing planning and strategies *Sales consultation *Installation training *Best practices |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Systems Paving | Newsletter, Meetings, Toll-free phone line, Internet |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Systems Paving | Co-op advertising, National media, Regional advertising |
| 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) |
| Systems Paving | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
| Systems Paving | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| HomeVestors of America | |
| Systems Paving | |
| International Expansion | |
| HomeVestors of America | |
| Systems Paving | |