Start-Up Costs and Fees |
||
| Systems Paving | HomeVestors of America | |
| Investment | 39950 - 120800 | 70000 - 426250 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | Varies |
| Advertising Fee | 2% | Varies |
| Year Founded | 1992 | 1989 |
| Year Franchised | 2001 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Systems Paving | HomeVestors of America | |
| Experience | *Strong business acumen *Ability to motivate and lead a team *Positive "can do" attitude *Sales experience preferable *No construction experience necessary | General business experience |
Financing Options |
||
| Systems Paving | HomeVestors of America | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | Yes |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Systems Paving | HomeVestors of America | |
| 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 | 1 week initial training |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | Co-op advertising, National media, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
| Operations | 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) | 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 |
||
| Systems Paving | HomeVestors of America | |
| US Expansion | 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, | 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 | |
| Systems Paving | |
| HomeVestors of America | |
| Franchise Fee | |
| Systems Paving | |
| HomeVestors of America | |
| Royalty Fee | |
| Systems Paving | 6% |
| HomeVestors of America | Varies |
| Advertising Fee | |
| Systems Paving | 2% |
| HomeVestors of America | Varies |
| Year Founded | |
| Systems Paving | 1992 |
| HomeVestors of America | 1989 |
| Year Franchised | |
| Systems Paving | 2001 |
| HomeVestors of America | 1996 |
| Term Of Agreement | |
| Systems Paving | 10 years |
| HomeVestors of America | 5 years |
| Renewal Fee | |
| Systems Paving | $500 |
| HomeVestors of America | |
Business Experience Requirements |
|
| Experience | |
| Systems Paving | *Strong business acumen *Ability to motivate and lead a team *Positive "can do" attitude *Sales experience preferable *No construction experience necessary |
| HomeVestors of America | General business experience |
Financing Options |
|
| Franchise Fees | |
| Systems Paving | No |
| HomeVestors of America | No |
| Start-up Costs | |
| Systems Paving | |
| HomeVestors of America | |
| Equipment | |
| Systems Paving} | |
| HomeVestors of America | |
| Inventory | |
| Systems Paving | |
| HomeVestors of America | |
| Receivables | |
| Systems Paving | |
| HomeVestors of America | |
| Payroll | |
| Systems Paving | |
| HomeVestors of America | |
Training & Support |
|
| 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 |
| HomeVestors of America | 1 week initial training |
| Support | |
| Systems Paving | Newsletter, Meetings, Toll-free phone line, Internet |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | |
| Systems Paving | Co-op advertising, National media, Regional advertising |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| 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) |
| 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) |
Expansion Plans |
|
| US Expansion | |
| 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, |
| 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 |
| Canada Expansion | |
| Systems Paving | |
| HomeVestors of America | |
| International Expansion | |
| Systems Paving | |
| HomeVestors of America | |