Start-Up Costs and Fees |
||
| HomeVestors of America | The Inspection Boys | |
| Investment | 70000 - 426250 | 35000 - 55000 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | 4-6% |
| Advertising Fee | Varies | 3% |
| Year Founded | 1989 | 0 |
| Year Franchised | 1996 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | The Inspection Boys | |
| Experience | General business experience | The basic requirements would include anyone with a sales background, former managers, former sales people, former business owners, former marketing executives, and anyone with mold remediation, asbestos abatement, home repair, or carpentry experience. |
Financing Options |
||
| HomeVestors of America | The Inspection Boys | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomeVestors of America | The Inspection Boys | |
| Training | 1 week initial training | Training is held in our HQ in New Jersey for 5 days. |
| 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 | The Inspection Boys | |
| 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 | |
| The Inspection Boys | |
| Franchise Fee | |
| HomeVestors of America | |
| The Inspection Boys | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| The Inspection Boys | 4-6% |
| Advertising Fee | |
| HomeVestors of America | Varies |
| The Inspection Boys | 3% |
| Year Founded | |
| HomeVestors of America | 1989 |
| The Inspection Boys | 0 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| The Inspection Boys | 0 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| The Inspection Boys | |
| Renewal Fee | |
| HomeVestors of America | |
| The Inspection Boys | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| The Inspection Boys | The basic requirements would include anyone with a sales background, former managers, former sales people, former business owners, former marketing executives, and anyone with mold remediation, asbestos abatement, home repair, or carpentry experience. |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| The Inspection Boys | No |
| Start-up Costs | |
| HomeVestors of America | |
| The Inspection Boys | |
| Equipment | |
| HomeVestors of America} | |
| The Inspection Boys | |
| Inventory | |
| HomeVestors of America | |
| The Inspection Boys | |
| Receivables | |
| HomeVestors of America | |
| The Inspection Boys | |
| Payroll | |
| HomeVestors of America | |
| The Inspection Boys | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| The Inspection Boys | Training is held in our HQ in New Jersey for 5 days. |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| The Inspection Boys | |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| The Inspection Boys | |
| 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) |
| The Inspection Boys | |
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 |
| The Inspection Boys | 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 | |
| The Inspection Boys | |
| International Expansion | |
| HomeVestors of America | |
| The Inspection Boys | |