Start-Up Costs and Fees |
||
| HomeStory Doors and More | HomeVestors of America | |
| Investment | 157250 - 298500 | 70000 - 426250 |
| Franchise Fee | 0 | |
| Royalty Fee | varies | Varies |
| Advertising Fee | varies | Varies |
| Year Founded | 2011 | 1989 |
| Year Franchised | 2011 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeStory Doors and More | HomeVestors of America | |
| Experience | Business Experience: · General business experience · Sales skills · Home improvement experience not required | General business experience |
Financing Options |
||
| HomeStory Doors and More | 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 |
||
| HomeStory Doors and More | HomeVestors of America | |
| Training | 1 week initial training | |
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | Co-op advertising, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1-4 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 |
||
| HomeStory Doors and More | HomeVestors of America | |
| US Expansion | California, | 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 | |
| HomeStory Doors and More | |
| HomeVestors of America | |
| Franchise Fee | |
| HomeStory Doors and More | |
| HomeVestors of America | |
| Royalty Fee | |
| HomeStory Doors and More | varies |
| HomeVestors of America | Varies |
| Advertising Fee | |
| HomeStory Doors and More | varies |
| HomeVestors of America | Varies |
| Year Founded | |
| HomeStory Doors and More | 2011 |
| HomeVestors of America | 1989 |
| Year Franchised | |
| HomeStory Doors and More | 2011 |
| HomeVestors of America | 1996 |
| Term Of Agreement | |
| HomeStory Doors and More | 5 years |
| HomeVestors of America | 5 years |
| Renewal Fee | |
| HomeStory Doors and More | |
| HomeVestors of America | |
Business Experience Requirements |
|
| Experience | |
| HomeStory Doors and More | Business Experience: · General business experience · Sales skills · Home improvement experience not required |
| HomeVestors of America | General business experience |
Financing Options |
|
| Franchise Fees | |
| HomeStory Doors and More | No |
| HomeVestors of America | No |
| Start-up Costs | |
| HomeStory Doors and More | |
| HomeVestors of America | |
| Equipment | |
| HomeStory Doors and More} | |
| HomeVestors of America | |
| Inventory | |
| HomeStory Doors and More | |
| HomeVestors of America | |
| Receivables | |
| HomeStory Doors and More | |
| HomeVestors of America | |
| Payroll | |
| HomeStory Doors and More | |
| HomeVestors of America | |
Training & Support |
|
| Training | |
| HomeStory Doors and More | |
| HomeVestors of America | 1 week initial training |
| Support | |
| HomeStory Doors and More | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | |
| HomeStory Doors and More | Co-op advertising, Regional advertising |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| HomeStory Doors and More | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1-4 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 | |
| HomeStory Doors and More | California, |
| 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 | |
| HomeStory Doors and More | 0 |
| HomeVestors of America | |
| International Expansion | |
| HomeStory Doors and More | |
| HomeVestors of America | |