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Updated RecentlyHomeVestors of America vs SealMaster Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HomeVestors of America vs SealMaster 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 | $579,800 - $924,500 |
| Franchise Fee | $32,000 - $70,000 | $35,000 |
| Royalty Fee | Varies | 5% |
| Advertising Fee | Varies | 1.5% |
| Year Founded | 1989 | 1969 |
| Year Franchised | 1996 | 1991 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 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 | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/Yes |
| 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 | You and your designated manager (if any) and up to three employees will participate in an initial training and familiarization course of one to two weeks in duration. You’ll learn SealMaster® manufacturing, sales and marketing techniques, financial controls and other administrative and operational aspects of the SealMaster® business. In addition, a SealMaster® field representative will provide additional assistance at your location to help you get started. |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op 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) |
8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 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 | Yes |
Company Overviews
About HomeVestors of America
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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.
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
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In Franchise Business Reviews Top 200.
#19 in Franchise 500 for 2020.
#36 in Franchise 500 for 2021.
About SealMaster
Since 1969, SealMaster locations have been providing contractors with the supplies and equipment necessary to repair pavement. Franchises in the Sandusky, Ohio-based chain manufacture and sell pavement sealers on site. SealMaster also sells concrete products, sport surfacing, traffic paints, tanks, trailers, machines, pumps and other tools. SealMaster locations hold training seminars for contractors and others who are interested in learning more about pavement maintenance.
The total investment necessary to begin operation of a franchised
business is $579,800 to $924,500. This includes $420,000 to $585,000
that must be paid to the franchisor or their affiliate. If you are a
conversion franchisee, the total investment necessary to begin operation
of a franchised business is $64,300 to $651,000. This includes $60,000
to $425,000 that must be paid to the franchisor or their affiliate.
Veteran Incentives $10,000 off franchise fee
#292 in Franchise 500 for 2021. Not in Franchise 500 for 2020.