|
Below is an in-depth analysis and side-by-side comparison of HomeStory Doors and More vs homestory including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $157,250 - $298,500 | $15,000 |
Franchise Fee | $20,000 - $40,000 | N/A |
Royalty Fee | varies | Varies |
Advertising Fee | varies | - |
Year Founded | 2011 | 2010 |
Year Franchised | 2011 | 2010 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Business Experience: · General business experience · Sales skills · Home improvement experience not required | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Regional advertising | - |
Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1-4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
With HomeStory, the Opportunity is Easy to See The first company of its kind in an underserved market niche Proprietary technology creates incredible efficiency and a barrier for competitors Powerful marketing and sales system backed by over 15 years of experience HomeStory transforms and updates homes faster, easier, and more affordably than any other home improvement project. This is accomplished by replacing all of the worn, outdated doors in a home with beautiful designer doors and hardware. HomeStory offers tremendous value, made possible by award-winning technology, a nationwide supplier network, and a marketing system that engages homeowners and creates demand. Learn How HomeStory's Proprietary Technology Unlocks the Door Replacement Market Why Door Replacement? Simply put: A substantial unmet need. Like most items in a home, doors wear out, become outdated and need to be replaced. Yet, few homeowners have been offered an affordable, convenient and mess-free option for updating their doors. As a result, most homes still have their old doors, making this a large, untapped market with little competition. What a Difference! Homeowners repeatedly tell us how surprised and delighted they are with the dramatic improvement our custom doors and hardware make throughout their homes. With HomeStory, you're able to consistently exceed customer expectations, making them invaluable advocates for your service.
HomeStory is a design and decor company that fills a void in the home improvement market. We specialize in transforming homes by quickly and easily replacing interior and entry doors. New style brings comfort, beauty and inspiration to homeowners' lives, and we have developed a system that makes it easier than ever to accomplish this end. At the heart of our business is a proprietary technology that precisely measures existing door openings. This allows us to create custom products that fit great - saving time, money and headaches. Homeowners are now able to make significant improvements to the appearance of their homes without the hassles or costs typically associated with home renovation. In literally just a few hours, we are able to replace all of the doors in a home with new doors - including professional paint and designer hardware. Our customers are consistently amazed at the transformation our doors provide, as well as the speed and convenience of our process. For our part, we love delighting homeowners and restoring a sense of pride in their investment. As one of the few companies offering this desirable service, we're taking the lead in a virtually untouched market. We're seeking HomeStory business owners to join us in realizing the many potential opportunities ahead. Specifically, we wish to align with professionals interested in providing a tremendous home decoration experience backed by our proven system, experience and technology. If you are interested in learning more about the benefits of the HomeStory franchise package, please contact us today.