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Below is an in-depth analysis and side-by-side comparison of Dry-B-Lo vs HOCOA including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $65,700 - $147,500 | $101,000 - And Up |
Franchise Fee | $15,000 - $25,000 | $25,900 |
Royalty Fee | 7.5% | - |
Advertising Fee | - | - |
Year Founded | 1993 | 1994 |
Year Franchised | 1997 | 1999 |
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 | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchise can be run from home. 21% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Grant Moore's family had spent a lot of time and money building a deck and pouring concrete underneath it, but the area below was useless whenever it rained because water poured in. Moore knew there must be a way to keep the space below the deck dry. After working with an engineering firm for two years, Moore developed a drainage system that would not leak or collect debris. He filed patents and in 1993 founded Dry-B-Lo International Inc. to install his patented system of channels. This system, which is installed below a raised deck, helps convert a wet, unusable space into a dry, outdoor living space.
The Hocoa Franchise Opportunity is perfect for an entrepreneur that wants financial independence without a storefront or inventory. We are a home repair network for homeowners and contractors. You will get complete training, operations manual, marketing plan, artwork and custom management software. HOCOA has been in operation since 1994. Our franchises span from the west to the east coast. Franchise cost includes: *Computer Software Package, custom designed for the operation of HOCOA: *Specified Territory *Marketing Plan *Computer Training Manual *Operations Manual *Artwork and use of Recognized Logo *Support Services *Training Seminar