Start-Up Costs and Fees |
||
| Honest Abe Roofing | HomeVestors of America | |
| Investment | 98471 - 330285 | 70000 - 426250 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | |
| Year Founded | 2017 | 1989 |
| Year Franchised | 2017 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Honest Abe Roofing | HomeVestors of America | |
| Experience | General business experience | |
Financing Options |
||
| Honest Abe Roofing | HomeVestors of America | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Honest Abe Roofing | 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 |
||
| Honest Abe Roofing | 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 | |
| Honest Abe Roofing | |
| HomeVestors of America | |
| Franchise Fee | |
| Honest Abe Roofing | |
| HomeVestors of America | |
| Royalty Fee | |
| Honest Abe Roofing | |
| HomeVestors of America | Varies |
| Advertising Fee | |
| Honest Abe Roofing | |
| HomeVestors of America | Varies |
| Year Founded | |
| Honest Abe Roofing | 2017 |
| HomeVestors of America | 1989 |
| Year Franchised | |
| Honest Abe Roofing | 2017 |
| HomeVestors of America | 1996 |
| Term Of Agreement | |
| Honest Abe Roofing | |
| HomeVestors of America | 5 years |
| Renewal Fee | |
| Honest Abe Roofing | |
| HomeVestors of America | |
Business Experience Requirements |
|
| Experience | |
| Honest Abe Roofing | |
| HomeVestors of America | General business experience |
Financing Options |
|
| Franchise Fees | |
| Honest Abe Roofing | |
| HomeVestors of America | |
| Start-up Costs | |
| Honest Abe Roofing | |
| HomeVestors of America | |
| Equipment | |
| Honest Abe Roofing} | |
| HomeVestors of America | |
| Inventory | |
| Honest Abe Roofing | |
| HomeVestors of America | |
| Receivables | |
| Honest Abe Roofing | |
| HomeVestors of America | |
| Payroll | |
| Honest Abe Roofing | |
| HomeVestors of America | |
Training & Support |
|
| Training | |
| Honest Abe Roofing | |
| HomeVestors of America | 1 week initial training |
| Support | |
| Honest Abe Roofing | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | |
| Honest Abe Roofing | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Honest Abe Roofing | |
| 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 | |
| Honest Abe Roofing | 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 | |
| Honest Abe Roofing | |
| HomeVestors of America | |
| International Expansion | |
| Honest Abe Roofing | |
| HomeVestors of America | |