SHOWHOMES

SHOWHOMES

Showhomes franchises provide services to residential real estate properties, including home management (where home managers live in and maintain properties as model homes), staging and decorating for sales, interior updating, makeovers, and the sale/rental of furniture, artwork, and accessories. Franchisees operate under a standardized system from approved locations, earning revenue from fees paid by homeowners and home managers, success fees upon property sales, and sales of goods/services. The target market includes private homeowners, builders, financial institutions, relocation companies, real estate firms, and asset management companies.

22
Locations
$40K–$180K
Investment
Since 1994
Franchising
ServicesCoral Gables, FLRealzar Holdings LLCwww.showhomes.comDisclaimer

Franchise Costs


Franchise Fee
$12,995
Item 5 of FDD
Initial Investment Range
$39,895 $179,595
Low: $39,895High: $179,595
Item 7 of FDD
Royalty Rate
10.00%
of gross sales
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$295 – $295
Item 6 of FDD

Tiered service royalty (7%-10% of Service Sales depending on volume) + 5% product sales royalty + 2% national ad fund (greater of 2% or $140/mo, up to 4%) + $295/mo technology fee

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: 17 Reporting Franchisees open for the 12-month period ended December 31, 2023

* The document explicitly states that financial performance representations do not reflect costs of sales, operating expenses, or other costs or expenses required to obtain net income or profit. Therefore, net income, net profit, EBITDA, and profit range could not be determined. The average gross revenue and median gross revenue are directly stated for all 17 reporting franchisees for 2023. Revenue top and bottom quartile values were calculated as the average of the top 25% (4 units) and bottom 25% (4 units) of reporting franchisees, respectively, from the individual revenue data provided.

Extracted Item 19 Section

How SHOWHOMES Compares


Key Insights

  • One of the lowest investment costs in Property Management (ranked #3 of 12)
  • Top 10 largest franchise system in Property Management
  • Lower than average SBA loan default rate in Property Management
FranchiseInvestmentFeeRoyaltyLocations
SHOWHOMES
Current
$40K – $180K$13K10.0%22
SOLA SALONS$1.2M – $1.9M$60K5.5%660
ALL COUNTY$86K – $118K$59K7.0%78
Home Smiles$153K – $200K$60K6.0%77
GRAND WELCOME$68K – $170K$49K8.0%62
Keyrenter Property Management$116K – $241K$50K7.0%58
Property Management Average
12 franchises
$214K – $405K$41K6.5%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 12 Property Management franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States
1NC
5
2FL
4
3TX
3
4GA
2
5VA
1
6CA
1
7KS
1
8MI
1
9MN
1
10PA
1
11SC
1
12AL
1
13NM
0
14OK
0
15ID
0

+5 more states

SBA Loan History


Historical SBA 7(a) loan data for SHOWHOMES franchisees (20112023)

Total Loans
8
Average Loan
$149,000
Total Volume
$1.2M
Default Rate
25.0%

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


35 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

35 Contacts Available

Unlock all SHOWHOMES franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

Fraud and negligent misrepresentation arising from franchisees' acquisition of a franchise from a former franchisee, settled with termination of the franchise agreement.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
5
Non-Renewals
1
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
10

Frequently Asked Questions


The total initial investment to open a SHOWHOMES franchise ranges from $39,895 to $179,595. This includes a franchise fee of $12,995. Ongoing royalty fees are 10.0% of gross sales.

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