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Below is an in-depth analysis and side-by-side comparison of HomePros vs City Wide Facility Solutions 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 | $233,150 - $404,100 |
Franchise Fee | $19,500 | $70,000 |
Royalty Fee | 7% | 5% |
Advertising Fee | - | 1% |
Year Founded | 2001 | 1961 |
Year Franchised | 2002 | 2001 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | 10% of franchise fee |
Business Experience Requirements |
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Experience | Professional Qualifications: * 35 - 55 years old with no less than 10 years of business experience * At least 5- 10 years of B2B sales and 5 years of sales management experience * Experience building and managing sales teams * Leadership/Management of a professional team Behavioral Qualifications: Culture Index: Trailblazer, Persuader, Architect (A "DI" DISC profile or an "Achiever" Proven Match Profile) * Outgoing, expressive individuals with backgrounds like business development, sales, sales management, marketing, training, and recruiting. * Proactive, results-oriented multitaskers who have a strong sense of urgency. * Persuasive, problem solvers who understand and enjoy helping people achieve their goals. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/Yes |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Full training from our support center team consists of 4 weeks of hands on coaching. 2 in Kansas City at our Corporate office and 2 in the field at the franchisees site. From there the franchisee will receive multiple support visits, engage in regular, one-on-one coaching calls, monthly sales and operations calls and much more. On-The-Job Training: 50 hours Classroom Training: 80 hours Additional Training: Annual training meeting; on-site visits; online training as needed |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | Franchise Advisory Council Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Ad slicks | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
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) |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 to start, add employees as business grows Absentee ownership of franchise is NOT 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.