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Updated RecentlyHomeVestors of America vs B-Dry System Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HomeVestors of America vs B-Dry System including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $70,000 - $426,250 | $70,000 - $105,000 |
| Franchise Fee | $32,000 - $70,000 | $35,000 - $60,000 |
| Royalty Fee | Varies | 8% |
| Advertising Fee | Varies | - |
| Year Founded | 1989 | 1958 |
| Year Franchised | 1996 | 1978 |
| Term Of Agreement | 5 years | 5 years |
| Term Of Agreement | 5 years | 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 | No/No | Yes/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | Yes/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | 1 week initial training | - |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad slicks, National media |
| Operations |
Less than 5% 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 | No |
| International Expansion | No | No |
Company Overviews
About HomeVestors of America
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The total investment necessary to begin operation of an Associate Franchise HomeVestors Business is $70,000 to $363,250. This includes $32,000 that must be paid to the franchisor or affiliate.
With approximately 200 franchisees independently operating in 33 states, We Buy Ugly Houses / HomeVestors commits itself to enforcing high ethical standards and strict systems that result in responsible business practices. We are proud of the service we provide that helps homeowners and people who would like to start their own profitable real estate franchise business.
We Get It.
You Want a Business.
Not a New Boss.
Our franchisees either renovate and sell or renovate and rent properties they buy, which generates a positive cash flow and equity. We Buy Ugly Houses / HomeVestors franchisees must complete our intensive training program. It incorporates all of our systems for buying homes as well as good business standards. Our franchisees learn how to deal with homeowners who may be in an ugly situation, how to explain our home buying process, and how to carry out as-is all cash buyout deals that create a profit for franchisees while helping a homeowner get out of an ugly house.
Veteran Incentives 10% off franchise fee
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About B-Dry System
In 1930 Joseph Bevilacqua Sr. developed a technique for waterproofing basements from the inside, using drain tile and gravel. He passed his knowledge along to his son Joseph Jr., who took over the business in 1958 to begin B-Dry System Inc.
Like his father, Joseph Jr. has developed his own basement waterproofing and drainage systems, receiving patents for three different systems. Today, using the Bevilacqua family's innovations, B-Dry System franchisees offer inspections and waterproofing of basements and crawl spaces.
B-Dry System is an authority on basement and crawlspace waterproofing and encapsulation, as well as the related disciplines of foundation repair. Since 1958, BDry has been one of the top waterproofing companies in America, a developer of a basement waterproofing system that provides long-lasting protection. The secret behind our longevity in the industry is really no secret at all, just an uncompromising dedication to using some of the best materials, delivering quality craftsmanship, and providing excellent customer service. Plus, atBDry, we back our services with some of the best warranties in the business. Whether you need us to waterproof your basement or crawlspace, encapsulate a dirt crawlspace, perform approved foundation crack repair, or provide any combination of these services, you can count on receiving a quality solution to your problem and that your investment will remain protected far into the future. Our overarching goal is to give you the foundation for a dry home through the installation of a custom-designed waterproofing solution. Since 1958, homeowners have been able to rely on BDry™ for innovative solutions that work, everything from basement and crawlspace waterproofing and encapsulation to the approved repair of foundation problems.