• Franchise Fee:$49,000
• Total Investment Range:
$200,000 to $350,000
• Required Cash liquidity:
$200,000
Financing Assistance:
•No
Training and Support:
•Yes
Franchise Description
HomeVestors, the We Buy Ugly Houses company, is the first and largest national franchise
company for professional real estate investors. HVA provides a powerful brand, training,
marketing, and financing for the purchase, repair, and resale of houses for its
260+ franchises in 34 states. Founded in 1989 and franchising since 1996, Dallas
based HVA is the one and only in the business format franchise home buying franchise
concept.
Who is your Candidate?
Candidates must have a minimum of $200K liquid available net worth in cash, marketable
equity securities, marketable debt securities, or lines of credit. Of this amount,
$50K is the minimum cash requirement. A background in business, sales, and customer
service as well as the ability to work full time in the business is desired. HomeVestors
Franchisees are results oriented, Type A personalities. Also, real estate experience
is helpful, but not required.
What is the Investment?
The HomeVestors franchise fee is $49,000, and includes training, support, materials,
and use of the very valuable "We Buy Ugly Houses" advertising campaign. In addition,
there is a $495 monthly fee, a $775 transaction fee, and a $175 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 $200K liquid available net
worth in cash, marketable equity securities, marketable debt securities, or lines
of credit. Of this amount, a minimum of $50K must be cash.
What Makes this Franchise Attractive?
*A nationally recognized brand and established image that draws motivated sellers
* Complete training and support programs
* Ongoing business development consultation and coaching with a Franchise Systems
Manager
* Peer interaction at conventions, workshops, masterminds, and training events
* Significant profit per transaction
* Internet access to key information on selling
* Ongoing research and development
* Referral programs to generate leads in other cities
* Vacant property insurance at group rates
* Capital to purchase and rehab properties
* Turnkey lead generation program
* Significant profit per transaction
* Simple business model
* Few employees
Franchise Training and Support
Franchisees are required to attend 10-day training session at our corporate headquarters
in Dallas, TX. When training is completed, franchisees continue to receive weekly
coaching with a Franchise Systems Manager as well as have opportunities to attend
bi-annual conventions, masterminds, and training events.
Investment Requirements
Franchise Fee:
$49,000
Required Cash liquidity:
$200,000
Total Investment Range:
$200,000 to $350,000
