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Updated RecentlyHomeVestors of America vs Concrete Raising of America Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HomeVestors of America vs Concrete Raising of America including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $70,000 - $426,250 | $34,900 - $249,400 |
| Franchise Fee | $32,000 - $70,000 | $34,900 - $42,500 |
| Royalty Fee | Varies | 4-8% |
| Advertising Fee | Varies | - |
| Year Founded | 1989 | 1947 |
| Year Franchised | 1996 | 1993 |
| Term Of Agreement | 5 years | 20 years |
| Term Of Agreement | 5 years | 20 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | Yes/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | Yes/Yes |
| Inventory | Yes/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | 1 week initial training | Bi-annual operator certification by franchisor as well as On-The-Job Training: 40-120 hours Classroom Training: 40 hours |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates Social media SEO Website development Email marketing |
| 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) |
Franchise can be run from home. 11% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About HomeVestors of America
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The total investment necessary to begin operation of an Associate Franchise HomeVestors Business is $70,000 to $363,250. This includes $32,000 that must be paid to the franchisor or affiliate.
With approximately 200 franchisees independently operating in 33 states, We Buy Ugly Houses / HomeVestors commits itself to enforcing high ethical standards and strict systems that result in responsible business practices. We are proud of the service we provide that helps homeowners and people who would like to start their own profitable real estate franchise business.
We Get It.
You Want a Business.
Not a New Boss.
Our franchisees either renovate and sell or renovate and rent properties they buy, which generates a positive cash flow and equity. We Buy Ugly Houses / HomeVestors franchisees must complete our intensive training program. It incorporates all of our systems for buying homes as well as good business standards. Our franchisees learn how to deal with homeowners who may be in an ugly situation, how to explain our home buying process, and how to carry out as-is all cash buyout deals that create a profit for franchisees while helping a homeowner get out of an ugly house.
Veteran Incentives 10% off franchise fee
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About Concrete Raising of America
CRC Concrete Raising Corporation has been in the concrete raising business since 1947, educating and training individuals on the fundamental technique of raising and stabilizing concrete in the residential, commercial, industrial, municipal, governmental, and even new construction markets.
In 1995, Concrete Raising of America, Inc. was established with the venue of forming business associations around the United States, and ultimately on an international basis. Since its inception, Concrete Raising of America has actively shared the elements of successful grouting applications, including raising and stabilizing concrete, through its establishment of Franchise locations.
Through years of on-the-job experience and testing, Concrete Raising has worked to provide engineered materials via the most efficient state-of-the-art equipment available. This equipment, including volumetric mobile mixers and hydraulic grout pumps has been further engineered by Concrete Raising of America to increase productivity. All modifications to the equipment used by Concrete Raising of America are proprietary, and only available to CRC Concrete Raising Franchise locations.
* Exclusive Territories
* Initial and Continuous Training
* Ongoing Support
* Multi-level Market Potential
* Recurring Revenues
* Innovative Equipment / Multi-purpose Equipment
* National Network
* Flexibility
* Franchise Owner Control
Seeking new franchisees throughout the U.S., Australia/New Zealand, Canada, Eastern Europe and Western Europe