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Below is an in-depth analysis and side-by-side comparison of HomePros vs UBuildIt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $101,285 - $143,475 | $113,500 - $223,800 |
Franchise Fee | $19,500 | $35,000 |
Royalty Fee | 7% | $1,000 monthly |
Advertising Fee | - | - |
Year Founded | 2001 | 1988 |
Year Franchised | 2002 | 1998 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 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 | Yes/No | No/No |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | Available at headquarters: 1 week |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives, Annual convention |
Marketing | Ad slicks | Co-op advertising, Ad slicks, Regional advertising, Marketing creatives |
Operations |
Franchise can be run from home. 28% 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) |
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 | No |
International Expansion | No | No |
HomePros Corporation offers professional home improvement and repair services to the general public. HomePros specializes in small to medium sized construction projects and is engaged in the refurbishment of distressed residential real estate.
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.