Start-Up Costs and Fees |
||
| HomeVestors of America | The Screenmobile | |
| Investment | 70000 - 426250 | 83794 - 164240 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | Varies | 7% |
| Advertising Fee | Varies | $75/mo. |
| Year Founded | 1989 | 1982 |
| Year Franchised | 1996 | 1984 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | The Screenmobile | |
| Experience | General business experience | |
Financing Options |
||
| HomeVestors of America | The Screenmobile | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | Yes | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| HomeVestors of America | The Screenmobile | |
| Training | 1 week initial training | |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market | Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad slicks |
| 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. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| HomeVestors of America | The Screenmobile | |
| 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 Screenmobile | |
| Franchise Fee | |
| HomeVestors of America | |
| The Screenmobile | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| The Screenmobile | 7% |
| Advertising Fee | |
| HomeVestors of America | Varies |
| The Screenmobile | $75/mo. |
| Year Founded | |
| HomeVestors of America | 1989 |
| The Screenmobile | 1982 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| The Screenmobile | 1984 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| The Screenmobile | 10 years |
| Renewal Fee | |
| HomeVestors of America | |
| The Screenmobile | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| The Screenmobile | |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| The Screenmobile | No |
| Start-up Costs | |
| HomeVestors of America | |
| The Screenmobile | |
| Equipment | |
| HomeVestors of America} | |
| The Screenmobile | |
| Inventory | |
| HomeVestors of America | |
| The Screenmobile | |
| Receivables | |
| HomeVestors of America | |
| The Screenmobile | |
| Payroll | |
| HomeVestors of America | |
| The Screenmobile | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| The Screenmobile | |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| The Screenmobile | Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| The Screenmobile | Ad slicks |
| 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 Screenmobile | Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is 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 |
| The Screenmobile | 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 Screenmobile | |
| International Expansion | |
| HomeVestors of America | |
| The Screenmobile | |