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JOE HOMEBUYER

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.

62locations
$131K–$445K
ServicesSouth Jordan, UTwww.joehomebuyer.comDisclaimer

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Franchise Costs

Franchise Fee
$50,000
Initial Investment
$131,200 – $444,500
Royalty Rate
N/A
Brand Fund
N/A
Fixed Monthly Fees
$900 – $2,900

$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

Average Gross Revenue
$484,537
Median Gross Revenue
$239,300
Top Quartile Revenue
$1,360,100
Bottom Quartile Revenue
$25,367

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

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JOE 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
FranchiseInvestmentFeeRoyaltyLocations
JOE HOMEBUYER
Current
$131K – $445K$50KN/A62
CENTURY 21 REAL ESTATE$33K – $279K$25K6.0%1,807
HOMEVESTORS$150K – $477K$85K3.0%981
KELLER WILLIAMS REALTY - REGIONAL REPRESENTATIVE$131K – $424KN/AN/A794
REAL PROPERTY MANAGEMENT$92K – $234K$60K7.0%447
PILLAR TO POST INC$103K – $134K$59K7.0%350
Real Estate Services Average
24 franchises
$154K – $300K$46K7.2%

* 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

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryN/A

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
18
Non-Renewals
0
Reacquired
1
Ceased Ops
1
Transfers
3
Sold to Franchisees
0
Projected New
6

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Frequently 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.