|
Below is an in-depth analysis and side-by-side comparison of HomeStory Doors and More vs Allkare Restoration Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $157,250 - $298,500 | $46,500 - And Up |
Franchise Fee | $20,000 - $40,000 | $17,500 |
Royalty Fee | varies | 8% |
Advertising Fee | varies | 3% |
Year Founded | 2011 | - |
Year Franchised | 2011 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Business Experience: · General business experience · Sales skills · Home improvement experience not required | Ideally you need: energy; ability to get on with different types of people; desire to run your own business; happy to put in the hours; interest in the services we provide. Most of our franchisees are either people coming from management looking for an opportunity or have a background in building and want to develop a business. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Ongoing support is available from a dedicated team at our head office who can be contacted by telephone or email during normal office hours. |
Marketing | Co-op advertising, Regional advertising | - |
Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1-4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | From experience, for your franchise to be a success you will need to commit all of your time to the business and any distraction from this could damage your prospects. We would not allow another competing business to be run along side the Allkare brand. |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
With HomeStory, the Opportunity is Easy to See The first company of its kind in an underserved market niche Proprietary technology creates incredible efficiency and a barrier for competitors Powerful marketing and sales system backed by over 15 years of experience HomeStory transforms and updates homes faster, easier, and more affordably than any other home improvement project. This is accomplished by replacing all of the worn, outdated doors in a home with beautiful designer doors and hardware. HomeStory offers tremendous value, made possible by award-winning technology, a nationwide supplier network, and a marketing system that engages homeowners and creates demand. Learn How HomeStory's Proprietary Technology Unlocks the Door Replacement Market Why Door Replacement? Simply put: A substantial unmet need. Like most items in a home, doors wear out, become outdated and need to be replaced. Yet, few homeowners have been offered an affordable, convenient and mess-free option for updating their doors. As a result, most homes still have their old doors, making this a large, untapped market with little competition. What a Difference! Homeowners repeatedly tell us how surprised and delighted they are with the dramatic improvement our custom doors and hardware make throughout their homes. With HomeStory, you're able to consistently exceed customer expectations, making them invaluable advocates for your service.
The Allkare Property Repair Franchise is designed to be a business in a box so we supply you with everything you need. This is what the basic package includes: *Full training at head office in all systems *Internet Marketing and SEO. You will get a number of web pages created for you, focussed on your franchise areas. These pages will help generate new business targeted to your local area. Your entire first year's Internet marketing is covered by us. *A fully-automated email marketing system that regularly keeps your name and the Allkare brand in front of the customer. As this list grows your business grows.... Automatically 24/7 *A dedicated Sales Manager. You will have someone at head office working on your behalf whose job is to build relationships between you and local Loss Adjusters, Insurance Brokers and Property Management companies. *Business from existing clients. Any work in your area that comes through our call centre comes to you. Plus any national work which you can handle in your area.. *Personal introductions to key local and national clients. Usually insurers and loss adjusters so they know who to come to. This is extremely valuable. *One fully liveried vehicle fully fitted out. *Limited company set up for you with accountancy package and a number of search engine optimised web pages. Plus one year of search engine marketing support (worth �10,000). *Uniforms. *Specialist software for managing insurance claims work. *Business stationery. *Manuals for all operations, healthy and safety and staff recruitment.