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

 
HomeVestors of America Franchise
City Wide Facility Solutions Franchise
Investment $70,000 - $426,250$233,150 - $404,100
Franchise Fee $32,000 - $70,000$70,000
Royalty Fee Varies5%
Advertising Fee Varies1%
Year Founded 19891961
Year Franchised 19962001
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee -10% of franchise fee


Business Experience Requirements

 
HomeVestors of America Franchise
City Wide Facility Solutions Franchise
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

     
    HomeVestors of America Franchise
    City Wide Facility Solutions Franchise
      In-House/3rd PartyIn-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

     
    HomeVestors of America Franchise
    City Wide Facility Solutions Franchise
    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 marketFranchise 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 advertisingAd 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

     
    HomeVestors of America Franchise
    City Wide Facility Solutions Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About HomeVestors of America

    "HomeVestors
    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
    ""        "Entrepreneur

    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.

    ""        "Entrepreneur
    In Franchise Business Reviews Top 200.
    #168 in Franchise 500 for 2020.
    #176 in Franchise 500 for 2021.