Loading FDD preview...
Download this + 1,700 other FDDs · One-time purchase
1,700+ FDDs structured for franchise professionals
We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.
JOE HOMEBUYER
Joe Homebuyer franchises allow owners to operate businesses that provide real estate investment solutions, primarily by buying, rehabilitating, and disposing of residential and commercial properties using the company's proprietary programs, systems, and service marks. The business model involves franchising this 'Method of Operation' to qualified individuals and entities seeking to enter the real estate investing space. Target customers are entrepreneurs and investors interested in property flipping and related investment strategies.
Loading preview...
Download this + 1,700 other FDDs · One-time purchase
Franchise Costs
$400/mo monthly fee (waived in months with reported transactions) + $200/mo national advertising fee (up to $1,000/mo) + $300-$1,500/mo software support fee; transaction fees 4-9% of net transaction sales price (tiered by type and volume).
Financial Performance
Item 19 Financial Performance
Data Based On: 39 franchised outlets that operated and reported sales data for the 2024 calendar year from January 1 to December 31, 2024.
* Average Gross Revenue ($484,537) and Median Gross Revenue ($239,300) are extracted directly from the 'All Franchises' row in Table 1. The average gross revenue was verified by calculating the weighted average of the four quartiles: (10 units * $1,360,100 + 10 units * $400,048 + 10 units * $106,715 + 9 units * $25,367) / 39 total units = $484,536.74, which matches the reported overall average. Revenue for the top quartile ($1,360,100) and bottom quartile ($25,367) were taken from the respective average values in Table 1. Note 1 on page 2 explicitly states that 'Net Sales' (gross revenue data presented) already deducts direct property costs but 'does not reflect any standard operational expenses' and 'is not a statement of profits or margins calculated by comparing sales to operating expenses.' Therefore, net income, net profit, EBITDA, and profit estimations are not available.
Extracted Item 19 Section
Avg. Revenue: $484,537
Unlock financial performance data with full access to 1,700+ franchise reports
Unlock financial performance dataJOE HOMEBUYER Franchise Analysis
Real estate investing through franchised property flipping sounds like a dream for entrepreneurs eyeing passive income streams, but Joe Homebuyer's data reveals a system where outsized wins coexist with middling results. Item 19 lays bare gross revenue figures that highlight both blockbuster potential and the risks of inconsistency, while recent terminations signal challenges in retention. Can a newbie flipper navigate this volatile model to join the top earners, or will the median reality ground their ambitions?
Item 7 estimates total investment at $131,200-$444,500, covering the $50,000 franchise fee plus real estate marketing, software, and working capital needs for buying, rehabbing, and selling properties. Ongoing fees include a $400 monthly royalty (waived in transaction months), $200 national ad fund (capped at $1,000), $300-$1,500 software support, and 4-9% transaction fees on net sales price, tiered by volume—potentially eating into slim margins on flips. Item 19's 2025 data shows average gross revenue of $484,537 across qualified units, but the median drops to $239,300, underscoring a skewed distribution where a few high-volume flippers inflate the average while most hover below $250K, implying net profits (after 20-30% typical rehab/flip costs) might range $50K-$150K for median performers before owner salary.
System health per Item 20 shows 62 franchised units and 2 corporate, with modest projected openings of 6 in 2025 amid 18 terminations (suggesting ~30% annual churn rate over recent years), 3 transfers, and flat growth. This contraction hints at execution hurdles in a cyclical real estate market, where local expertise trumps brand alone—high terminations could mean struggling franchisees bailing on capital-intensive deals. For investors with flipping experience, the model's tools and leads offer leverage; novices face steep learning curves, making Item 19's revenue gap a red flag on scalability.
Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How JOE HOMEBUYER Compares
Key Insights
- Higher investment than 79% of Real Estate Services franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
JOE HOMEBUYER Current | $131K – $445K | $50K | N/A | 62 |
| CENTURY 21 REAL ESTATE | $33K – $279K | $25K | 6.0% | 1,807 |
| HOMEVESTORS | $150K – $477K | $85K | 3.0% | 981 |
| KELLER WILLIAMS REALTY - REGIONAL REPRESENTATIVE | $131K – $424K | N/A | N/A | 794 |
| REAL PROPERTY MANAGEMENT | $92K – $234K | $60K | 7.0% | 447 |
| PILLAR TO POST INC | $103K – $134K | $59K | 7.0% | 350 |
Real Estate Services Average 24 franchises | $154K – $300K | $46K | 7.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 24 Real Estate Services franchises by location count.
Franchisee Contacts
95 franchisee contacts on file from official FDD filings.
95 Contacts Available
Unlock all JOE HOMEBUYER franchisee contacts with verified contact information
Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Unlock due diligence reports with full access to 1,700+ franchise reports
Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a JOE HOMEBUYER franchise ranges from $131,200 to $444,500. This includes a franchise fee of $50,000.
More Services Franchises
THE UPS STORE (TRADITIONAL)
Services
AMERIPRISE FINANCIAL SERVICES LLC
Services
JACKSON HEWITT TAX SERVICE
Services
SERVPRO (UNIT)
Services
H&R BLOCK
Services
SERVICEMASTER RESTORE
Services