NEXTHOME
NextHome, Inc. offers franchises for operating real estate brokerage offices under the NextHome brand, specializing in the sale and leasing of residential and commercial properties as well as other real estate-related activities. The business model leverages the NextHome System, including proprietary methods, technology, marketing strategies, training, and vendor relationships, with franchisees paying initial fees starting at $5,000 for a 1-year term or $10,000 for 5 years, plus total investments from $16,750 to $221,595. The target market primarily consists of buyers and sellers of residential real estate in urban residential and business locations, competing in a highly developed and regulated industry.
Franchise Costs
$125/mo base franchise fee + per-agent monthly flat fees ($100-$210 depending on model/team) or per-transaction fees ($299-$575) + technology fees ($25-$90 depending on model); no % of sales royalty or ad fund.
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How NEXTHOME Compares
Key Insights
- Lower investment than 92% of Business Services franchises
- Higher than average SBA loan default rate in Business Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
NEXTHOME Current | $17K – $222K | $10K | N/A | 587 |
| Bimbo Foods Bakeries Distribution, LLC | $14K – $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K – $609K | $30K | 5.0% | 4,500 |
| JACKSON HEWITT TAX SERVICE | $71K – $105K | $25K | 15.0% | 2,744 |
| CRUISE PLANNERS | $2K – $21K | $11K | 3.0% | 2,655 |
| SERVPRO (UNIT) | $259K – $380K | $100K | 10.0% | 2,286 |
Business Services Average 188 franchises | $118K – $284K | $46K | 10.4% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
+33 more states
SBA Loan History
Historical SBA 7(a) loan data for NEXTHOME franchisees (2023 – 2023)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
555 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 |
555 Contacts Available
Unlock all NEXTHOME 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 NEXTHOME franchise ranges from $16,750 to $221,595. This includes a franchise fee of $10,000.
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