Wednesday, July 23, 2008

Home

 About Us 

Sell A House

Buy A House

Rent A House

 Investor Information 

Own A Franchise

Contact Us


HomeVestors Franchise Information

Learn More
How Does It Work
Upcoming Events
Franchise Success Stories
Financial Information
FAQ
Request for Franchise Consideration

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


HomeVestors participates in the
VetFran program which offers
financial incentives for Veterans.

* 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.