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Below is an in-depth analysis and side-by-side comparison of HomePros vs Stone Age Coatings 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 | $60,000 |
Franchise Fee | $19,500 | $50,000 |
Royalty Fee | 7% | - |
Advertising Fee | - | - |
Year Founded | 2001 | 2007 |
Year Franchised | 2002 | 2009 |
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 | - | Initial two weeks plus ongoing |
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 | 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.
NO LONGER FRANCHISING
Try not to supplant it. Reface it! Claim to fame coatings connected to any substrate, intended to handle outrageous conditions. The fluid stone/stone look restores any surface: arborite, solid, vinyl decking, ledges, tile and lino, carport floors, wood, stucco, shake, block, metal, tub and shower. Elastomeric properties settle on this a superb decision for wood or marine surfaces. A great many hues/designs/surfaces. Can be connected in a day for a small amount of the cost of evacuation and supplanting.