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General

Industry

Real Estate

Category

Property Management

Works with Franchise Brokers

Yes

Year of Founding

1996

Fees

Marketing Fee

$300

Royalty Fee

2%

Franchise Fee

$80,000-$80,000

Investment Range

$80K-$390K

Location units

Total U.S. Locations

1153

U.S. Franchised Units

1153

U.S. Corporate Units

N/A

Headquarters (City)

Dallas

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

1996

Issuance of FDD Data

04/13/2022

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$80K-$390K

Franchise Fee

$80,000-$80,000

What to know about HomeVestors of America franchise?

HomeVestors of America is the largest professional house buying network in the U.S., with over 80,000 houses bought since 1996. Homevestors of America offers a few different services, the first being that they will buy houses for cash. The second service is a franchise opportunity, which allows people to operate their own business in the real estate industry by buying, selling, and rehabilitating properties. HomeVestors also offers a unique Franchise Opportunity for those looking for a business opportunity in the real estate investing industry. The franchises offered are for the right to operate a business to buy, sell and rehabilitate residential and commercial properties and provide certain services to buyers and sellers. The company has a proven business model that is based on buying, selling, and rehabilitating properties. This model has helped Homevestors of America become the largest professional house buying network in the U.S. HomeVestors of America is based in Dallas, TX. Scroll down to learn more!

How much does a HomeVestors of America franchise cost?

Are you wondering how much is a HomeVestors of America franchise? Before starting a HomeVestors of America franchise, it is important to know the franchise fee, working capital and other costs required to start the business. The minimum investment amount required to open a HomeVestors of America franchise is $80,000 and can go all the way up to $390,250. Keep in mind, you should also allocate additional funds to live off of while the HomeVestors of America business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 HomeVestors of America franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a HomeVestors of America business 2) pass break even 3) hit significant income. After (and if) you pass the point of earning significant income from your HomeVestors of America franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare HomeVestors of America. Hotels to the Property Management, Outdoor Real Estate industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 657 165 46 776
2017 774 172 49 897
2018 897 220 62 1055
2019 1055 138 61 1132
2020 1132 142 128 1146
2021 1146 108 102 1153

Additional Details

How much does a HomeVestors of America franchise owner make?

HomeVestors of America franchise earnings and revenue can vary significantly from one franchisee to another. The HomeVestors of America franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors. HomeVestors of America discloses financials at the unit level. In other words, they show how much HomeVestors of America franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not. At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the HomeVestors of America franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like HomeVestors of America. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those HomeVestors of America owners were making. Visit the HomeVestors of America metrics tab to explore the financials for this business.

What is the HomeVestors of America franchise fee?

Owning a HomeVestors of America franchise requires 2% royalty fee and 300 marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the HomeVestors of America Franchise Disclosure Document Keep in mind, there is also an initial HomeVestors of America franchise fee of $80,000 that is included in the initial investment amount of $80,000 to $390,250. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the HomeVestors of America franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the HomeVestors of America franchise fee of $80,000. Visit the HomeVestors of America metrics tab to explore the financials for this business, royalty and marketing fees compare to other Real Estate franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was HomeVestors of America founded?

HomeVestors of America started offering franchises in 1996. HomeVestors of America was founded 26 years ago in 1996. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many HomeVestors of America locations are in the U.S.?

As of 2022, there were 1153 locations across the U.S. There are also 0 corporate locations. Most Real Estate franchises like HomeVestors of America have more franchised locations than corporate locations.

How many HomeVestors of America franchises opened over the past few years?

Over the prior 3 years we have data for, HomeVestors of America has opened 388 outlets throughout the U.S. Visit the HomeVestors of America metrics tab to explore how the openings compare to other Real Estate franchises.

How many HomeVestors of America franchises closed over the past few years?

Over the prior 3 years we have data for, HomeVestors of America has closed 291 outlets throughout the U.S Visit the HomeVestors of America metrics tab to explore how the openings compare to other Real Estate franchises.

Is HomeVestors of America growing? Are they opening more locations than they are closing?

The net unit growth rate for HomeVestors of America over the past 3 years is 9%. Over the last year we have data for, HomeVestors of America had a net unit growth rate of 1%. Without a comparison, this number doesn’t mean much. Compare how the HomeVestors of America growth rate compares to 2,000+ other franchises and Industry franchises like HomeVestors of America. More info in the HomeVestors of America metrics tab.

Is HomeVestors of America franchise eligible for an SBA Loan?

HomeVestors of America is not eligible for SBA loans including the 7(a) loan last time we checked. HomeVestors of America franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like HomeVestors of America that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. To find out more about the SBA loan program for franchising click here.

Is HomeVestors of America a franchise in the United States?

According to the SBA, HomeVestors of America does not meet the Federal Trade Commission (FTC) definition of a franchise. Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that HomeVestors of America provides you with an FDD if you are in discussion to buy a HomeVestors of America

What is the HomeVestors of America Franchise for Sale Rate?

The HomeVestors of America systemwide health and franchisee satisfaction can be measured by the HomeVestors of Americafranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor. HomeVestors of America franchise for sale rate over the past 3 years is 21%. Over the last year we have data for, HomeVestors of America had a franchise for sale rate of 7%. Without a comparison, this number doesn’t mean much. Compare how the HomeVestors of America franchise for sale rate compares to 2,000+ other franchises and Industry franchises like HomeVestors of America. More info in the HomeVestors of America metrics tab.

What is the HomeVestors of America Franchise Failure Rate?

HomeVestors of America franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise! HomeVestors of America failure rate over the past 3 years is 25%. Over the last year we have data for, HomeVestors of America had a franchise failure rate of 9%. Without a comparison, this number doesn’t mean much. Compare how the HomeVestors of America franchise for sale rate compares to 2,000+ other franchises and Industry franchises like HomeVestors of America. More info in the HomeVestors of America metrics tab.

How can I find out more details on HomeVestors of America franchise?

Visit the HomeVestors of America metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

HomeVestors of America

$235,125

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

HomeVestors of America

2%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

HomeVestors of America

$80,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Real Estate

Category

Property Management

Works with Franchise Brokers

Yes

Year of Founding

1996

Fees

Marketing Fee

$300

Royalty Fee

2%

Franchise Fee

$80,000-$80,000

Investment Range

$80K-$390K

Location units

Total U.S. Locations

1153

U.S. Franchised Units

1153

U.S. Corporate Units

N/A

Headquarters (City)

Dallas

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

1996

Issuance of FDD Data

04/13/2022
Detailed Franchise metrics for HomeVestors of America Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for HomeVestors of America below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

HomeVestors of America

1%

9%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

HomeVestors of America

7%

21%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

HomeVestors of America

5%

25%

Industry median

All franchises median

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Business details

Website

https://homevestorsfranchise.com/contact/

Business email

**********@******.com

Mailing address

6500 Greenville Avenue, Suite 400

State headquarters

Texas

Contact Name

HomeVestors of America

Phone

+1 (000) 0********00

City

Dallas

Zip code

75206
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