|
Hi, all. There is a local HomeVestors franchise for sale in my area. The
owner says you need at least $150,000 in liquid assets. I'm giving it a
little consideration but am finding it difficult to get objective opinions
on whether or not this is a good franchise to buy or not. I'm already set
up with an LLC and line-of-credit & cash but am wondering if buying this
franchise would enhance my chances for success.
Does anyone have any experience with them? Any opinions would be
appreciated. TIA.
Bob
P.S. I hope nobody minds the cross-post. I thought both newsgroups are
appropriate.
|
| |
| |
http://www.screwedcentral.com/ubb/Forum1/HTML/000330.html
Hi, all. There is a local HomeVestors franchise for sale in my area. The
owner says you need at least $150,000 in liquid assets. I'm giving it a
little consideration but am finding it difficult to get objective opinions
on whether or not this is a good franchise to buy or not. I'm already set
up with an LLC and line-of-credit & cash but am wondering if buying this
franchise would enhance my chances for success.
Does anyone have any experience with them? Any opinions would be
appreciated. TIA.
Bob
P.S. I hope nobody minds the cross-post. I thought both newsgroups are
appropriate.
|
| |
| |
Thank you, Falky. Very illuminating link. But wouldn't this be caused by
the individual owning the local HomeVestors office rather than the entire
franchise itself? For example, I went to a McDonald's for a quick lunch
last month and saw an employee leave a bathroom stall without washing his
hands. I'm never eating at that particular McDonald's again but I'd still
eat at other ones. I don't fault the McDonald's franchise for this but
perhaps the owner of this particular restaurant and definitely that
particular employee.
Assuming I were to be a responsible franchise owner for HomeVestors, would
it benefit me to buy into this franchise? How is the support from the
home office, etc.?
Bob
On Sun, 26 Sep 2004, Falky foo wrote:
http://www.screwedcentral.com/ubb/Forum1/HTML/000330.html
|
| |
| |
dunno, man.. that's just a link I found.. thought I'd share it with you.
Thank you, Falky. Very illuminating link. But wouldn't this be caused by
the individual owning the local HomeVestors office rather than the entire
franchise itself? For example, I went to a McDonald's for a quick lunch
last month and saw an employee leave a bathroom stall without washing his
hands. I'm never eating at that particular McDonald's again but I'd still
eat at other ones. I don't fault the McDonald's franchise for this but
perhaps the owner of this particular restaurant and definitely that
particular employee.
Assuming I were to be a responsible franchise owner for HomeVestors, would
it benefit me to buy into this franchise? How is the support from the
home office, etc.?
Bob
On Sun, 26 Sep 2004, Falky foo wrote:
|
| |
| |
Hi,
I have owned several franchises and gave found one of the best ways to
evaluate a franchise is to talk to existing franchise owners. HomeVestors
will provide you with a list of current owners and also ask for the contact
information of recently terminated franchisees.
I think you'll find happy and unhappy franchisees would be glad to take some
time and talk to you.
Good luck,
Dave
- - - - - - - - - -
USA Business Information - http://www.Network2020.com/go
USA Legal Information - http://www.Network2020.com/resources
Hi, all. There is a local HomeVestors franchise for sale in my area. The
owner says you need at least $150,000 in liquid assets. I'm giving it a
little consideration but am finding it difficult to get objective opinions
on whether or not this is a good franchise to buy or not. I'm already set
up with an LLC and line-of-credit & cash but am wondering if buying this
franchise would enhance my chances for success.
Does anyone have any experience with them? Any opinions would be
appreciated. TIA.
Bob
P.S. I hope nobody minds the cross-post. I thought both newsgroups are
appropriate.
|
| |
| |
Thank you, Falky. Your link was more than what I was able to find anyway.
Every bit of info helps.
Bob
On Sun, 26 Sep 2004, Falky foo wrote:
dunno, man.. that's just a link I found.. thought I'd share it with you.
|
| |
| |
Thank you, Dave. Good points. I'll contact them first thing tomorrow.
Bob
On Sun, 26 Sep 2004 hinojo_b@bellsouth.net wrote:
Hi,
I have owned several franchises and gave found one of the best ways to
evaluate a franchise is to talk to existing franchise owners. HomeVestors
will provide you with a list of current owners and also ask for the contact
information of recently terminated franchisees.
I think you'll find happy and unhappy franchisees would be glad to take some
time and talk to you.
Good luck,
Dave
- - - - - - - - - -
USA Business Information - http://www.Network2020.com/go
USA Legal Information - http://www.Network2020.com/resources
|
| |
| |
I think they are a good franchise in regards to marketing for BRAND
AWARENESS
But if you are set up with an LLC and a Line of Credit, you can better
spend you monthly marketing budget and save yourself the franchise
fee. I don't think there is much behind there offering besides a line
of credit and a spreadsheet to help you estimate repair cost. .. just
my humble opinion
Duncan
"YOUR HOME SOLUTION EXPERT"
www.cashforyourhouse.us
Sell Your House Fast !
|
| |
| |
On Thu, 21 Oct 2004, Duncan wrote:
I think they are a good franchise in regards to marketing for BRAND
AWARENESS
But if you are set up with an LLC and a Line of Credit, you can better
spend you monthly marketing budget and save yourself the franchise
fee. I don't think there is much behind there offering besides a line
of credit and a spreadsheet to help you estimate repair cost. .. just
my humble opinion
Thanks, Duncan. I do already have the LOC and LLC set up. I was
wondering if the HomeVestors system had some kind of "magic" associated
with it to enhance real estate investing, kind of like how "McDonald's"
brand name seems to drastically increase credibility of fast foods ssold
by franchisees.
Bob
|
| |
| |
Me thinks of Remak, Century 21 Realty World so many more.
|
| |
| |
