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.
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
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% | 412 |
Real Estate Services Average 24 franchises | $153K – $305K | $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.
| Name | SBA 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)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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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