Start-Up Costs and Fees |
||
| HomeVestors of America | United Water Restoration | |
| Investment | 70000 - 426250 | 159342 - 441874 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | $3,000/mo or 2% |
| Year Founded | 1989 | 2008 |
| Year Franchised | 1996 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeVestors of America | United Water Restoration | |
| Experience | General business experience | |
Financing Options |
||
| HomeVestors of America | United Water Restoration | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomeVestors of America | United Water Restoration | |
| Training | 1 week initial training | Comprehensive training program. |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market | Handpicked, trained and certified staff. 24/7 technical field support. |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Top restoration franchise sales and marketing programs. |
| 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 | United Water Restoration | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HomeVestors of America | |
| United Water Restoration | |
| Franchise Fee | |
| HomeVestors of America | |
| United Water Restoration | |
| Royalty Fee | |
| HomeVestors of America | Varies |
| United Water Restoration | |
| Advertising Fee | |
| HomeVestors of America | Varies |
| United Water Restoration | $3,000/mo or 2% |
| Year Founded | |
| HomeVestors of America | 1989 |
| United Water Restoration | 2008 |
| Year Franchised | |
| HomeVestors of America | 1996 |
| United Water Restoration | 2015 |
| Term Of Agreement | |
| HomeVestors of America | 5 years |
| United Water Restoration | |
| Renewal Fee | |
| HomeVestors of America | |
| United Water Restoration | |
Business Experience Requirements |
|
| Experience | |
| HomeVestors of America | General business experience |
| United Water Restoration | |
Financing Options |
|
| Franchise Fees | |
| HomeVestors of America | No |
| United Water Restoration | No |
| Start-up Costs | |
| HomeVestors of America | |
| United Water Restoration | |
| Equipment | |
| HomeVestors of America} | |
| United Water Restoration | |
| Inventory | |
| HomeVestors of America | |
| United Water Restoration | |
| Receivables | |
| HomeVestors of America | |
| United Water Restoration | |
| Payroll | |
| HomeVestors of America | |
| United Water Restoration | |
Training & Support |
|
| Training | |
| HomeVestors of America | 1 week initial training |
| United Water Restoration | Comprehensive training program. |
| Support | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| United Water Restoration | Handpicked, trained and certified staff. 24/7 technical field support. |
| Marketing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| United Water Restoration | Top restoration franchise sales and marketing programs. |
| 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) |
| United Water Restoration | |
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 |
| United Water Restoration | 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 | |
| United Water Restoration | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| HomeVestors of America | |
| United Water Restoration | Worldwide, |