HomeVestors of America
Cherry Franchise Broker
Total investment:
$ 53,000
Franchise fee:
$ 65,000
Royalty fee:
varies
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1996
Franchise since: 1996
Company owned units:
Franchise owned units: 980
Total number of units:
Number of employees per unit: 1
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEHomeVestors of America, Inc. is a privately owned U.S. real estate company that sells We Buy Ugly Houses franchises to investors. The franchisees provide real estate services by buying homes in need of repair and homes that owners need to sell more quickly than usually can be done through a realtor. Typically, HomeVestors franchisees then renovate and sell or rent them. Franchisees hold the homes they purchase for six months on average. The company operates in 45 states and growing. With over 800 franchises and growing.
On-The-Job Training: 10 hours
Classroom Training: 42 hours
Additional Training: Online training
Net-worth Requirement: $53,000 – $421,250
Liquid Cash Requirement: $53,000 – $421,250 Ad Royalty Fee: Varies
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