EliteProNet vs CoHatch Franchise Comparison

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

Start-Up Costs and Fees
 
EliteProNet Franchise
CoHatch Franchise
Investment $35,000 - And Up$138,850 - $916,500
Franchise Fee N/A$39,000
Royalty Fee --
Advertising Fee --
Year Founded -2017
Year Franchised -2017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
EliteProNet Franchise
CoHatch Franchise
Experience EliteProNet franchisees must have an entrepreneurial spirit, a drive for success and because our business is founded upon relationship building, the ideal candidate also excels in customer relationships. Furthermore, our franchisees have strong business skills, moderate technology capabilities, and a good sales and customer service background. -

Financing Options
 
EliteProNet Franchise
CoHatch Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
EliteProNet Franchise
CoHatch Franchise
Training The 2-week intensive training will be conducted at the Elite corporate offices and continue virtually for the next 10 weeks while the franchisee begins operations in their own regional office. This includes *Understanding EliteProNet's service *Using EliteProNet's technology *Developing your Strategic Plan *Managing your office & employees *Managing your customers and prospects *Hands on classroom training *The Account Manager/Sales role *The Project Coordinator/Service role-
Support *2 WEEK INTENSIVE CLASSROOM TRAINING *ONSITE GRAND OPENING DEVELOPMENT *ONGOING TECHNOLOGY SUPPORT *FULL PAYMENT PROCESSING SUPPORT *MARKETING & ADVERTISING SUPPORT *TURNKEY SYSTEM *BEGIN OPERATIONS IN LESS THAN 60 DAYS *NO YEARLY ROYALTY FEES *EXCLUSIVE TERRITORY RIGHTS -
Marketing --
Operations --

Expansion Plans
 
EliteProNet Franchise
CoHatch Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About EliteProNet

The EliteProNet Opportunity SIMPLIFYING THE CONSTRUCTION BIDDING PROCESS FOR SUBCONTRACTORS & GENERAL CONTRACTORS EliteProNet is a nationwide network of highly qualified subcontractors. Our objective is to find qualified commercial construction projects for small to medium sized subcontractors. We continuously develop relationships with general contractors who use our network of qualified subcontractors to complete their projects. As a franchisee, you will develop an exclusive territory of both subcontractors and general contractors. You will deliver qualified project opportunities from your general contractors to your subcontractors who pay an average monthly fee of $150.00 to $200.00 to be part of the network. Although $200 sounds inexpensive, the volume of customers in your network is what creates a very large RESIDUAL monthly revenue stream. With a network of just 500 subcontractors, your monthly residual revenue stream would average $100,000! Each region consists of 3 territories with an average potential base of 1,000 customers. Most importantly, once you have enrolled and retained a new customer, that one customer will generate thousands of dollars in recurring revenue. The EliteProNet Difference ELITEPRONET HELPS HUNDREDS OF SUBCONTRACTORS GET AWARDED CONTRACTS Construction industry and trends The construction business has changed. General Contractors, like many other businesses, are increasingly using digital communication as the basis for conducting their work. They use email and digital plan rooms instead of the traditional hand shake and a tube of printed plans to hire their subcontractors. EliteProNet has adapted to these trends and offers an easy online application our subcontractors use to connect with thousands of local General Contractors who have projects up for bid. Not only do they have access to multiple projects at their fingertips, but they also have the capabilities of their local Project Coordinator who will help them get awarded the job. EliteProNet is the first company to personally represent subcontractors and bring their experience, work and bids to the attention of General Contractors around the nation. We provide jobs. Not Leads.

About CoHatch

"CoHatch

COhatch is a co-working, meeting, and lifestyle company with a mission to Strengthen Communities and Improve Lives. We are built around the way you live, rather than having to build your life around work. We're located in the very communities from which our members reside (and you can use them all!). Come to COhatch and discover your vocational purpose - where your personal happiness and your community's needs meet.

The total investment necessary to begin operation of a COhatch Franchised Business is $138,850 to $845,500. This includes $39,000 that must be paid to the franchisor and its affiliate(s).
The total investment necessary to begin operation of a COhatch Area Developer Franchise is $212,850 to $916,500. This includes between $35,000 and $110,000 that must be paid to the franchisor and its affiliates.