Start-Up Costs and Fees |
||
| CORE Group Restoration | HomeVestors of America | |
| Investment | 76000 - 371150 | 70000 - 426250 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | |
| Year Founded | 2019 | 1989 |
| Year Franchised | 2019 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| CORE Group Restoration | HomeVestors of America | |
| Experience | General business experience | |
Financing Options |
||
| CORE Group Restoration | HomeVestors of America | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| CORE Group Restoration | 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 |
||
| CORE Group 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| CORE Group Restoration | |
| HomeVestors of America | |
| Franchise Fee | |
| CORE Group Restoration | |
| HomeVestors of America | |
| Royalty Fee | |
| CORE Group Restoration | |
| HomeVestors of America | Varies |
| Advertising Fee | |
| CORE Group Restoration | |
| HomeVestors of America | Varies |
| Year Founded | |
| CORE Group Restoration | 2019 |
| HomeVestors of America | 1989 |
| Year Franchised | |
| CORE Group Restoration | 2019 |
| HomeVestors of America | 1996 |
| Term Of Agreement | |
| CORE Group Restoration | |
| HomeVestors of America | 5 years |
| Renewal Fee | |
| CORE Group Restoration | |
| HomeVestors of America | |
Business Experience Requirements |
|
| Experience | |
| CORE Group Restoration | |
| HomeVestors of America | General business experience |
Financing Options |
|
| Franchise Fees | |
| CORE Group Restoration | |
| HomeVestors of America | |
| Start-up Costs | |
| CORE Group Restoration | |
| HomeVestors of America | |
| Equipment | |
| CORE Group Restoration} | |
| HomeVestors of America | |
| Inventory | |
| CORE Group Restoration | |
| HomeVestors of America | |
| Receivables | |
| CORE Group Restoration | |
| HomeVestors of America | |
| Payroll | |
| CORE Group Restoration | |
| HomeVestors of America | |
Training & Support |
|
| Training | |
| CORE Group Restoration | |
| HomeVestors of America | 1 week initial training |
| Support | |
| CORE Group Restoration | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | |
| CORE Group Restoration | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| CORE Group 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 | |
| CORE Group 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 | |
| CORE Group Restoration | |
| HomeVestors of America | |
| International Expansion | |
| CORE Group Restoration | |
| HomeVestors of America | |