HomeVestors of America vs City Wide Facility Solutions Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HomeVestors of America vs City Wide Facility Solutions including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$70,000 - $426,250 | $233,150 - $404,100 |
Franchise Fee |
$32,000 - $70,000 | $70,000 |
Royalty Fee |
Varies | 5% |
Advertising Fee |
Varies | 1% |
Year Founded |
1989 | 1961 |
Year Franchised |
1996 | 2001 |
Term Of Agreement |
5 years | 10 years |
Term Of Agreement |
5 years | 10 years |
Renewal Fee |
- | 10% of franchise fee |
Business Experience Requirements |
Experience |
General business 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 |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/Yes |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
Yes/Yes | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
1 week initial 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, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market | Franchise Advisory Council
Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform |
Marketing |
Co-op advertising, Ad slicks, Regional advertising | Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing |
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) |
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 |
US Expansion |
Yes | Yes |
Canada Expansion |
No | No |
International Expansion |
No | No |
Company Overviews
About HomeVestors of America
HomeVestors Franchise offers real estate entrepreneurs and investors with an opportunity to create their own successful real estate company buying and selling homes. Since our initial franchise offering in 1996, HomeVestors has grown to currently have over 200 independently owned and operated franchisees throughout the United States, and has received numerous awards and recognitions from top franchise business publications.
HomeVestors of America, commonly known as We Buy Ugly Houses, is the number one home buyer in America. Since HomeVestors began its franchise in 1996, We Buy Ugly Houses / HomeVestors franchise owners have purchased over 45,000 houses throughout the US. HomeVestors franchise owners pay cash for ugly homes that often have their owners in difficult situations.
Our franchisees renovate houses and then sell or lease them. This improves neighborhoods in the process and offers great opportunities for first time buyers, renters, and real estate investors.
The total investment necessary to begin operation of a Full Franchise
HomeVestors Business is $108,000 to $426,250. This includes $70,000 that
must be paid to the franchisor or affiliate.
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.
HomeVestors Franchise Model
HomeVestors offers a low cost franchise opportunity for investors interested in building a real estate business. Our unique model includes proprietary software that our franchisees use to assess homes for purchase and renovation. It also includes mass advertising billboard campaigns that achieve quick market awareness and direct selling programs that help franchisees identify and locate buyers and investors interested in specific neighborhoods.
With ongoing support from HomeVestors and our development agent mentors, franchisees build wealth by purchasing houses at discount prices.
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
In Franchise Business Reviews Top 200.
#19 in Franchise 500 for 2020.
#36 in Franchise 500 for 2021.
About City Wide Facility Solutions
Your Dream Starts with City Wide.
The idea has been on your mind for a long time
and now you are ready to seriously dig in, ask questions and learn more
about becoming a business owner. Are you tired of traveling away from
home? Are you looking for an opportunity to build equity for yourself
and not the corporate machine? Are you ready to control your own destiny
and do something bigger for yourself, your family and your community?
City Wide would love to meet you!
City Wide is a B2B recession-proof, recurring revenue franchise
concept in the United States and Canada built for sales leaders, not
service operators. While most B2B franchise concepts are created to
provide ONE service through their own inventory, equipment, and people,
City Wide is the only “super concept” which can open doors and create
revenue with more than 20 different services via independent
contractors. Our owners have very few, if any, hourly workers, no
equipment and no inventory. We bridge the gap between the needs of our
clients and the workforce that provides the services, making huge
impacts in both places.
If you want to have some questions answered and get a better
understanding of how the
City Wide model could be the next step in your
professional career, let's connect today!
We are searching for high vitality, drivers who need to utilize their abilities to grow a huge business and change the course of their family's future.
In Franchise Business Reviews Top 200.
#168 in Franchise 500 for 2020.
#176 in Franchise 500 for 2021.