Start-Up Costs and Fees |
||
| Concrete Craft | HomeVestors of America | |
| Investment | 141790 - 220070 | 70000 - 426250 |
| Franchise Fee | 0 | |
| Royalty Fee | $300-$2K/mo. | Varies |
| Advertising Fee | $300/mo. | Varies |
| Year Founded | 2006 | 1989 |
| Year Franchised | 2008 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Concrete Craft | HomeVestors of America | |
| Experience | General business experience | |
Financing Options |
||
| Concrete Craft | 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 |
||
| Concrete Craft | HomeVestors of America | |
| Training | 1 week initial training | |
| 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 |
||
| Concrete Craft | 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 | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Concrete Craft | |
| HomeVestors of America | |
| Franchise Fee | |
| Concrete Craft | |
| HomeVestors of America | |
| Royalty Fee | |
| Concrete Craft | $300-$2K/mo. |
| HomeVestors of America | Varies |
| Advertising Fee | |
| Concrete Craft | $300/mo. |
| HomeVestors of America | Varies |
| Year Founded | |
| Concrete Craft | 2006 |
| HomeVestors of America | 1989 |
| Year Franchised | |
| Concrete Craft | 2008 |
| HomeVestors of America | 1996 |
| Term Of Agreement | |
| Concrete Craft | 10 years |
| HomeVestors of America | 5 years |
| Renewal Fee | |
| Concrete Craft | |
| HomeVestors of America | |
Business Experience Requirements |
|
| Experience | |
| Concrete Craft | |
| HomeVestors of America | General business experience |
Financing Options |
|
| Franchise Fees | |
| Concrete Craft | No |
| HomeVestors of America | No |
| Start-up Costs | |
| Concrete Craft | |
| HomeVestors of America | |
| Equipment | |
| Concrete Craft} | |
| HomeVestors of America | |
| Inventory | |
| Concrete Craft | |
| HomeVestors of America | |
| Receivables | |
| Concrete Craft | |
| HomeVestors of America | |
| Payroll | |
| Concrete Craft | |
| HomeVestors of America | |
Training & Support |
|
| Training | |
| Concrete Craft | |
| HomeVestors of America | 1 week initial training |
| Support | |
| Concrete Craft | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | |
| Concrete Craft | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Concrete Craft | |
| 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 | |
| Concrete Craft | |
| 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 | |
| Concrete Craft | 0 |
| HomeVestors of America | |
| International Expansion | |
| Concrete Craft | |
| HomeVestors of America | |