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Updated RecentlySonitrol vs Eye On Your Home Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sonitrol vs Eye On Your Home including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $148,000 - $474,000 | $27,550 - $37,550 |
| Franchise Fee | $20,000 - $50,000 | $25,000 |
| Royalty Fee | 2.5% | $250 per month - $350 per month |
| Advertising Fee | - | $100 per month |
| Year Founded | 1964 | - |
| Year Franchised | 1965 | - |
| Term Of Agreement | 10 years | 5 years +5 |
| Term Of Agreement | 10 years | 5 years +5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | 1- Strong sales and customer service abilities 2- Great time and scheduling management 3- Communicative and task oriented 4- Creative, timely, innovative and energetic 5- High personal standards and integrity Target Experience: 1- Strong sales and marketing background 2- Business owner/or Managerial experience 3- Real estate experience(license) Not necessary though | |
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/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | We will train one person for one week at no additional cost. Ongoing training is part of the program. We can help the franchisee launch very quickly. |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Ad slicks | - |
| Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Sonitrol
Robert Baxter originally founded Sonitrol in 1960 as a company that would incorporate his various sound-related inventions. Everything changed when police officer and alarm company owner Al Cronk hired Baxter to manage his company's equipment. Baxter's innovations proved so successful that Sonitrol soon evolved from an invention company into a security franchise opportunity in 1965. A subsidiary of Tyco International Ltd., the Sonitrol Network has franchisees in the United States, Canada and the United Kingdom.
About Eye On Your Home
Introducing! The Eye On Your Home Franchise Opportunity. * We specialize in the care and management of second homes! * There are thousands of second homes across the country * Owners of second homes need our services: Home Watch, Concierge Services, Estate Management, Real Estate Maintenance, VRBO Support * You will benefit from our experience and leadership * Develop your own professional Second Home service * Franchises now available in selected areas across the country This is an attractive franchise that real estate professionals can add to their business, or it can be operated as a stand-alone business: * A complete solution for providing second home services * An enjoyable business that you can start quickly in your area * We will teach you how to obtain owners to serve * Cutting edge of the industry - several revenue sources * Start without employees, or even a lease * Operate from a home office or from a convenient location * Initial and Ongoing Training We have a proven model and have over a decade of experience! This is something that you will want to study and consider! We look forward to working with you as you learn more about our outstanding franchise program!