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Below is an in-depth analysis and side-by-side comparison of HomePros vs Kitchen New Look 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 | $65,000 |
Franchise Fee | $19,500 | $50,000 |
Royalty Fee | 7% | - |
Advertising Fee | - | - |
Year Founded | 2001 | 2002 |
Year Franchised | 2002 | 2007 |
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 | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks | - |
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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | 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.
Kitchen New Look is an ecological concept for the transformation of melamine. Kitchen New Look will refurbish your kitchen for a fraction of the price. The metamorphosis is undergone in a manufacturing plan using industrial processes. Over the years, Kitchen New Look has developed these revelutionary methods and techniques which result in an incomparable product. The removal and re-installation of your kitchen or bathroom cabinets are done as if by magic.