HomeVestors of America Franchise

Home buying, repair and selling system

Ken D'Angelo founded HomeVestors of America in 1989 and began franchising in 1996. Based in Dallas, the company buys undervalued houses, then sells them for profit. Some home sellers will take a substantial discount off their asking price if they get a cash offer, can close quickly and can sell the house without any repair expenses.

Please Note: The operators of HomeVestors of America, may not have verified the accuracy of the franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official HomeVestors of America website.

Start-up Costs & Franchise Fees

How much does it cost to open a HomeVestors of America franchise?

Total Investment: $200,000-$359,000
Initial Franchise Fee: $46,000
Royalty Fee: Varies
Advertising Fee:
Term of Agreement: 5 years

How to contact HomeVestors of America

HomeVestors of America News

Franchise Brands Buys Homevestors
Franchise Brands LLC has bought majority ownership of HomeVestors of America Inc., the company behind the "We Buy Ugly Houses" billboards. Terms of the deal were not disclosed. Founded in 1989, Dallas-based HomeVestors sold its first franchise in 1996 and has grown to a national franch... more

Homevestors Names Top 10 Cities For Real Estate Investing In 2007
HomeVestors of America, Inc., the company famous for its "We Buy Ugly Houses" billboards and America's #1 Home Buyer, recently named the top 10 markets for real estate investing in 2007. They are as follows: 1. Houston, Texas 2. Atlanta, Georgia 3. Dallas, Texas 4. St. Louis, Missour... more

Homevestors Franchise Ranked Among Dallas' Top 200 Private Companies
HomeVestors of America, Inc., the company famous for its "We Buy Ugly Houses" billboards, has been ranked among Dallas' Top 200 Private Companies by the Dallas Morning News. The list ranked privately held companies in the Dallas-Fort Worth metroplex based on revenue in 2005. In 2005,... more

Homevestors® Names Howard Garfield Cfo
HomeVestors® of America, Inc., the company famous for its "We Buy Ugly Houses"® billboards, has hired Howard Garfield as its chief financial officer, effective immediately. Garfield joins the growing management team for HomeVestors with more than two decades of senior-level experience in... more

Betting On Homes
When friends and business partners Minas Litos and Adrian Tartareanu look at the blighted homes in Gary, they see potential. "Why not Gary?" Tartareanu asks. "That should be our motto," Litos added. The two are co-owners of Red Brick Investment Properties LLC, a real estate ... more

View all HomeVestors of America Press Releases

Franchise History

When did the first HomeVestors of America open? 1989
When did HomeVestors of America start franchising? 1996

Year	U.S.A.	Canada	International	Corporate
2005	250	0	0	0
2004	212	0	0	0
2003	171	0	0	0
2002	98	0	0	0
2001	57	0	0	0

Expansion Plans

United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	Yes	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

Training
2-day advanced training

Support
Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, Regional advertising

Business Operations

5% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Qualifications & Business Experience

Business Experience:

General business experience

• Home Repair & Renovation Franchise Opportunities
• Franchises $100K to $250K

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Legal Disclaimer: This information is not a franchise offering for HomeVestors of America and should not be construed as such. TheFranchiseMall.com makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a HomeVestors of America franchise opportunity, review that franchise's Uniform Franchise Offering Circular (UFOC) with an attorney and accountant.