HomePros vs CORE Group Restoration Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of HomePros vs CORE Group Restoration including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
HomePros Franchise
CORE Group Restoration Franchise
Investment $101,285 - $143,475$76,000 - $371,150
Franchise Fee $19,500$30,000
Royalty Fee 7%-
Advertising Fee --
Year Founded 20012019
Year Franchised 20022019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
HomePros Franchise
CORE Group Restoration Franchise
Experience
  • Industry experience
  • General business experience
  • Basic home repair skills
    		• -

    Financing Options
     
    HomePros Franchise
    CORE Group Restoration Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    HomePros Franchise
    CORE Group Restoration Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations-
    Marketing Ad slicks-
    Operations Franchise can be run from home.

    28% 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
     
    HomePros Franchise
    CORE Group Restoration Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About HomePros

    HomePros Corporation offers professional home improvement and repair services to the general public. HomePros specializes in small to medium sized construction projects and is engaged in the refurbishment of distressed residential real estate.

    About CORE Group Restoration

    "CORE

    CORE is a unique take on property damage restoration. Made up of the largest and most capable property restoration service providers,
    CORE is redefining what it means to restore lives. CORE's business model is unlike anything else on the market today and offers elite contractors the ability to be a part of a premier service offering, align themselves with an organization that believes in operating with the highest standards of craftsmanship, quality and integrity, all without giving up their independence.

    The total investment necessary to begin operation of a single CORE Group Restoration franchised business is between $76,000 and $371,150. This includes $50,000 to $93,150 that must be paid to the franchisor or its affiliate(s).
    The total investment necessary to begin operation of two CORE Businesses under a Multi-Unit Franchise is between $127,000 and $742,300. This includes $75,000 to $186,300 that must be paid to the franchisor or its affiliate(s).
    The total investment necessary to begin operation of ten CORE Businesses under a Multi-Unit Franchise is between $335,000 and $3,111,500. This includes $150,000 to $331,500 that must be paid to the franchisor or its affiliate(s).