Start-Up Costs and Fees |
||
| Surface Experts | HomeVestors of America | |
| Investment | 114450 - 203050 | 70000 - 426250 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | Varies | |
| Year Founded | 2008 | 1989 |
| Year Franchised | 2018 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Surface Experts | HomeVestors of America | |
| Experience | General business experience | |
Financing Options |
||
| Surface Experts | HomeVestors of America | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Surface Experts | 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 |
||
| Surface Experts | 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 | |
| Surface Experts | |
| HomeVestors of America | |
| Franchise Fee | |
| Surface Experts | |
| HomeVestors of America | |
| Royalty Fee | |
| Surface Experts | |
| HomeVestors of America | Varies |
| Advertising Fee | |
| Surface Experts | |
| HomeVestors of America | Varies |
| Year Founded | |
| Surface Experts | 2008 |
| HomeVestors of America | 1989 |
| Year Franchised | |
| Surface Experts | 2018 |
| HomeVestors of America | 1996 |
| Term Of Agreement | |
| Surface Experts | |
| HomeVestors of America | 5 years |
| Renewal Fee | |
| Surface Experts | |
| HomeVestors of America | |
Business Experience Requirements |
|
| Experience | |
| Surface Experts | |
| HomeVestors of America | General business experience |
Financing Options |
|
| Franchise Fees | |
| Surface Experts | |
| HomeVestors of America | |
| Start-up Costs | |
| Surface Experts | |
| HomeVestors of America | |
| Equipment | |
| Surface Experts} | |
| HomeVestors of America | |
| Inventory | |
| Surface Experts | |
| HomeVestors of America | |
| Receivables | |
| Surface Experts | |
| HomeVestors of America | |
| Payroll | |
| Surface Experts | |
| HomeVestors of America | |
Training & Support |
|
| Training | |
| Surface Experts | |
| HomeVestors of America | 1 week initial training |
| Support | |
| Surface Experts | |
| HomeVestors of America | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market |
| Marketing | |
| Surface Experts | |
| HomeVestors of America | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Surface Experts | |
| 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 | |
| Surface Experts | 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 | |
| Surface Experts | |
| HomeVestors of America | |
| International Expansion | |
| Surface Experts | |
| HomeVestors of America | |