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.

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

Franchise Costs


Franchise Fee
$50,000
Item 5 of FDD
Initial Investment Range
$131,200 $444,500
Low: $131,200High: $444,500
Item 7 of FDD
Royalty Rate
N/A
Brand Fund
N/A
Item 6 of FDD
Fixed Monthly Fees
$900 – $2,900
Item 6 of FDD

$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
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

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

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%412
Real Estate Services Average
24 franchises
$153K – $305K$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.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

95 Contacts Available

Unlock all JOE HOMEBUYER franchisee contacts with verified contact information

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

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.

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