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Below is an in-depth analysis and side-by-side comparison of UBuildIt vs HOCOA including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $113,500 - $223,800 | $101,000 - And Up |
Franchise Fee | $35,000 | $25,900 |
Royalty Fee | $1,000 monthly | - |
Advertising Fee | - | - |
Year Founded | 1988 | 1994 |
Year Franchised | 1998 | 1999 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $10K | - |
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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters: 1 week | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives, Annual convention | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising, Marketing creatives | - |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Prosper in construction consulting while reducing your workload and
liability. By adding the UBuildIt consulting system to your business,
you will find an easier way to build homes and regain extra time and
money in the process. Instead of contracting to build; you are coaching
homeowners. You’re offering a service that allows you to diversify and
stand out from the pack! You’re using first-class marketing materials,
Internet tools, and a complete business system backed with professional
support. Imagine taking less risk - and having more time to golf, swim,
and see your kids.
The Hocoa Franchise Opportunity is perfect for an entrepreneur that wants financial independence without a storefront or inventory. We are a home repair network for homeowners and contractors. You will get complete training, operations manual, marketing plan, artwork and custom management software. HOCOA has been in operation since 1994. Our franchises span from the west to the east coast. Franchise cost includes: *Computer Software Package, custom designed for the operation of HOCOA: *Specified Territory *Marketing Plan *Computer Training Manual *Operations Manual *Artwork and use of Recognized Logo *Support Services *Training Seminar