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Homeowners Concept
611 N. Mayfair Rd.
Wauwatosa, WI 53226
800#: (800) 800-9890
Tel: (414) 258-7778
Fax: (414) 258-8276
E-Mail: [email protected]
Web Site: www.homeownersconcept.com
Contact: Mr. Peter M. Skanavis, President
HOMEOWNERS CONCEPT offers a unique flat fee real estate program of consulting/sales. Extremely efficient, high-volume, very profitable operation on the cutting edge of providing "value" to the consumer. Large, exclusive territory.
Franchisor Background
Established: 1982
First Franchise: 1984
Franchise Units: 34
Company-Owned Units: 0
Total Units: 34
Distribution:
U.S. -- 33;
Canada -- 1;
International -- 0
-North America -- Operations in 8 States, 1 Province
-States/Provinces with Greatest Density: 7 in WI, 6 in OH, 4 in TX
Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 2, 4, 3, 2, 4, 5
(Click here for an explanation)
Registered in Following Registration States: IL,WI,NY,FL,WA (Click here for an explanation)
Average Number of Employees: 5 FT (FT = Full Time, PT = Part Time)
Space Needs: 700 SF; OB
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $16-20K
Total Investment: $16-20K
Average Total Investment: $18.0K
Minimum Net Worth: $50K
Fees:
-Franchise: $4.5K
-Average Franchise Fee: $4.5K
-Royalty: 3%
-Average Royalty: 3.0%
-Advertising: NR
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 2
On-Going Support: d,G,H,I (Click here for an explanation)
Training: 1 Week Milwaukee, WI.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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