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What does a HomeVestors® franchise cost?
The HomeVestors® franchise fee is $49,500, and includes training, support, materials, and use of the very valuable "We Buy Ugly Houses"® advertising campaign. In addition, there is a $997 monthly fee, a $775 transaction fee, and a $250 marketing fund contribution required for each property purchased. A franchisee must spend at least $5,000 per month on advertising. Candidates must have a minimum of $250K liquid available net worth in cash, marketable equity securities, marketable debt securities, real estate equity or credit card availability. You must demonstrate enough available liquidity to pay franchise fee and start up working capital.
| Expenditures |
Estimated Amount or Estimated Low-High Range |
| Initial Franchise Fee |
$49,500 |
| Leasehold Improvements |
$0 - $5,000 |
| Furniture, Fixtures, and Equipment |
$6,000 - $10,200 |
| Signage |
$2,000 - $4,200 |
| First Month’s Rent |
$700 - $2,000 |
| Security Deposit |
$700 - $2,000 |
| Opening Supplies |
$1,700 - $1,950 |
| Advertising Security Deposit |
$0 - $10,000 |
| Advertising |
$30,000 - $90,000 |
| Training Expense* |
$3,600 - $6,000 |
| Computer Equipment |
$5,000 - $10,000 |
| Insurance |
$4,000 - $8,000 |
| Miscellaneous Opening Costs |
$3,300 - $7,900 |
| Purchase and Repair of Properties |
$62,000 - $129,000 |
| Additional Funds** for 6 Months |
$32,200 - $50,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT |
$200,700 - $385,750 |
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HomeVestors participates in the VetFran program which offers financial incentives for Veterans.
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* This figure represents travel, lodging and meals for two persons based on a 10-day training period in Dallas, TX.
** Additional funds cover your expenses for an initial start-up period of 6 months.
Refer to Item 7 in the HomeVestors Franchise Disclosure Document (FDD) for more details on the initial investment.
This is not a franchise offering. An offering can only be made by obtaining a HomeVestors Franchise Disclosure Document.
HomeVestors is a franchise. Each office is independently owned and operated. All HomeVestors franchise programs are subject to change due to market conditions or availability of funds. Financing programs are not guaranteed by the franchise agreement.
In accordance with the Law, all property
is offered without respect to race, color, creed,
national origin, sex, familial status or disability.
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