DALLAS, May 20, 2013 /PRNewswire/ -- Home-buying franchise HomeVestors of America scored high on a recent franchisee satisfaction survey conducted by independent market research firm Franchise Business Review.
The survey asked franchisees questions related to training and support, system communication, franchisor/franchisee relations, financial opportunity, business lifestyle, and overall satisfaction with their business. Fifty-three percent of HomeVestors® independently owned and operated franchisees participated in the Franchise Business Review satisfaction survey. The full results are available at www.FranchiseBusinessReview.com.
"HomeVestors is known for its eye-catching billboards and marketing," said Franchise Business Review president Michelle Rowan. "Now people have insight into the data and ratings that show they are a strong franchise opportunity with satisfied franchisees."
Founded in 1996, HomeVestors—known as the "We Buy Ugly Houses®" company—has more than 300 locations nationwide. The startup investment for a franchise ranges from $42,300 to $346,250.
Franchise Business Review recently recognized HomeVestors for its exceptional survey results with a 2013 Franchisee Satisfaction Award—an annual award given to franchise companies with the highest satisfaction rankings.
Over the last eight years, Franchise Business Review has surveyed more than 100,000 franchisees from more than 700 of today's leading franchise brands. All active franchise owners who have been in business for three months or longer are invited to participate in this survey process.
"Our standard franchisee satisfaction survey includes 33 benchmark questions," Rowan said. "Franchise companies use our survey data to help better understand the experiences of their franchisees, and pin-point areas within their systems where improvements can be made to help increase satisfaction and engagement – which leads directly to overall increases in franchisee performance."
About HomeVestors of America
About HomeVestors of America Inc.
Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties. Most commonly known as the "We Buy Ugly Houses®" company, HomeVestors strives to make a positive impact in each community. In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review's "Top 50 Franchises," a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information, visit www.HomeVestors.com.
About Franchise Business Review
Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. The firm's services include commissioned franchise research projects, as well as industry-wide studies of franchisee satisfaction. The firm administers the FBR50 – Franchisee Satisfaction Awards™—an annual rating of the top franchise companies based on the highest level of overall franchisee satisfaction by participating companies. Franchise Business Review is headquartered in Portsmouth, NH, and can be reached at (866)397-6680 or by visiting their company websites at www.FranchiseBusinessReview.com, www.Frantopia.com, or www.FBR50.com.
CONTACTS : Susie Lomelino, Calise Partners
Molly Rowe, Franchise Business Review
SOURCE HomeVestors of America, Inc.