Start-Up Costs and Fees |
||
| ReCeil It Ceiling Restoration | HomeVestors of America | |
| Investment | 38900 - 55000 | 70000 - 426250 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 7% | Varies |
| Advertising Fee | Varies | |
| Year Founded | 1992 | 1989 |
| Year Franchised | 2002 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| ReCeil It Ceiling Restoration | HomeVestors of America | |
| Experience | Sales background or aptitude | General business experience |
Financing Options |
||
| ReCeil It Ceiling Restoration | 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 |
||
| ReCeil It Ceiling Restoration | HomeVestors of America | |
| Training | 1 week initial training | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
| Operations | Franchise can be run from home. 0% 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) | 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 |
||
| ReCeil It Ceiling Restoration | HomeVestors of America | |
| US Expansion | Connecticut, Delaware, Florida, Georgia, Massachusetts, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, South Carolina, Tennessee, Vermont, | 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 | |
| ReCeil It Ceiling Restoration | |
| HomeVestors of America | |
| Franchise Fee | |
| ReCeil It Ceiling Restoration | |
| HomeVestors of America | |
| Royalty Fee | |
| ReCeil It Ceiling Restoration | 7% |
| HomeVestors of America | Varies |
| Advertising Fee | |
| ReCeil It Ceiling Restoration | |
| HomeVestors of America | Varies |
| Year Founded | |
| ReCeil It Ceiling Restoration | 1992 |
| HomeVestors of America | 1989 |
| Year Franchised | |
| ReCeil It Ceiling Restoration | 2002 |
| HomeVestors of America | 1996 |
| Term Of Agreement | |
| ReCeil It Ceiling Restoration | 10 years |
| HomeVestors of America | 5 years |
| Renewal Fee | |
| ReCeil It Ceiling Restoration | $10K |
| HomeVestors of America | |
Business Experience Requirements |
|
| Experience | |
| ReCeil It Ceiling Restoration | Sales background or aptitude |
| HomeVestors of America | General business experience |
Financing Options |
|
| Franchise Fees | |
| ReCeil It Ceiling Restoration | No |
| HomeVestors of America | No |
| Start-up Costs | |
| ReCeil It Ceiling Restoration | |
| HomeVestors of America | |
| Equipment | |
| ReCeil It Ceiling Restoration} | |
| HomeVestors of America | |
| Inventory | |
| ReCeil It Ceiling Restoration | |
| HomeVestors of America | |
| Receivables | |
| ReCeil It Ceiling Restoration | |
| HomeVestors of America | |
| Payroll | |
| ReCeil It Ceiling Restoration | |
| HomeVestors of America | |
Training & Support |
|
| Training | |
| ReCeil It Ceiling Restoration | |
| HomeVestors of America | 1 week initial training |
| Support | |
| ReCeil It Ceiling Restoration | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | |
| ReCeil It Ceiling Restoration | Regional advertising |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| ReCeil It Ceiling Restoration | Franchise can be run from home. 0% 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) |
| 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 | |
| ReCeil It Ceiling Restoration | Connecticut, Delaware, Florida, Georgia, Massachusetts, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, South Carolina, Tennessee, Vermont, |
| 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 | |
| ReCeil It Ceiling Restoration | |
| HomeVestors of America | |
| International Expansion | |
| ReCeil It Ceiling Restoration | |
| HomeVestors of America | |