Ken D'Angelo founded HomeVestors of America and began franchising in 1996. Based in Dallas, the company buys houses in need of repairs or updates, then repairs and sells them for profit. Some home sellers will sell their houses at a wholesale price if they get a cash offer, can close quickly and can sell the house without any repair or updating expenses.
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Franchise Agreement - Initial Terms
Franchise Agreement - Renewal Terms
$44,000 - $347,250
$18,000 - $55,000
Royalty 2% / Ad Fees n/a
How many franchise locations do they have? HomeVestors of America had 657 locations at the end of 2015
Do they provide any training? Classroom Training: Yes. On The Job Training: Yes
When did they begin franchising? 1996
Do they use public figures to promote their franchise? No
Do they have computer and technology support in place? No
Do they have any lawsuits? Yes
Do they provide discounts for buying more than one franchise? Yes
Do they offer Territory Rights to you? Yes
Will they refund the franchise fee under certain circumstances? No
Do they offer Financing to help buy the franchise?