Business Description

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

Year Established:  1982

Franchising Since:  1984

Operating Units:
Franchised Units:	34	100%
Company-Owned Units:	0	0%
Total Operating Units:	34	100.0%
Geographic Distribution: U.S.: 33 97.1% In 8 States Canada: 1 2.9% In 1 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 34 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Ohio	6
2. Texas	4
3. Wisconsin	7

Registered in Following Registration States: Florida, Illinois, New York, Washington, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$50K
Cash Investment:	$16-20K
Total Investment:	$16-20K
Average Total Investment:	$18K
Fees:
Initial Franchise Fee:	$4.5K
Average Franchise Fee:	$4K
On-Going Royalty:	3%
Average Royalty:	3%
Advertising Fee:

Average Number of Employees: 5 Full-time, 0 Part-time

Space Needs (in square footage): 700

Preferred Sites:

Other Sites: OB

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	2
General Business Experience:	4
Specific Industry Experience:	3
Formal Education:	2
Psychological Profile:	4
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	2
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	No
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Not Applicable
Field Training:	At Additional Cost
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Milwaukee, WI	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 15 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from Homeowners Concept.