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Below is an in-depth analysis and side-by-side comparison of Renovation Professionals vs LEI Home Enhancements including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $28,500 - $50,980 | $71,100 - $141,700 |
Franchise Fee | $24,500 | $49,500 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1997 | 2017 |
Year Franchised | 2002 | 2017 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 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 | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Online training | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks, Regional advertising | - |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 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 | - |
Founded by Erich and April Weber in 1997, Renovation Professionals� is an innovative residential, commercial, and facilities management services company with a successful business record and a very ambitious goal � to create the most desirable product at competitive prices while delivering a standard of communication and excellence not seen in the remodeling and services industries. The Webers developed a highly professional, multi-step business system that focuses on superior client service, controlled tracking of daily business operations, and overall enhanced communications between client and service technician and construction personel.