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