FranDB
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.

Since 1994ServicesCoral Gables, FLRealzar Holdings LLCwww.showhomes.com
2024 FDDItem 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$39,895 - $179,595
Franchise Fee
$12,995
Locations
22

Financial Requirements

Franchise Fee$12,995
Initial Investment Range$39,895 - $179,595
Royalty Rate10.00%
Brand Fund2.00%
Fixed Monthly Fees$295 - $295

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

Franchise Stats

Franchise Locations22
Corporate Locations0
States Operating21
Franchising Since1994
FDD Year2024

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$486,242
Median Gross Revenue
$446,274
Top Quartile Revenue
$955,288.75
Bottom Quartile Revenue
$113,348

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 to Other Property Management Franchises

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
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
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 by Outlet Count
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 (2011 - 2023)

Total Loans
8
Average Loan Amount
$149,000
Total Loan Volume
$1,192,000
Default Rate
25.0%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation 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 in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
5
Non-Renewals
1
Reacquired by Franchisor
0
Ceased Operations (Other)
0
System Transfers
0
Sold to Franchisees
0
Projected New Franchises
10

Frequently Asked Questions

How much does it cost to open a SHOWHOMES franchise?

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.

How much revenue does a SHOWHOMES franchise make?

According to the 2024 FDD, the average gross revenue for a SHOWHOMES franchise is $486,242. The median revenue is $446,274.

How many SHOWHOMES franchise locations are there?

As of the 2024 FDD, SHOWHOMES has 22 franchise locations. The company has been franchising since 1994.

Can you get an SBA loan for a SHOWHOMES franchise?

Yes, SBA loans are available for SHOWHOMES franchises. Historical data shows 8 SBA 7(a) loans have been approved for SHOWHOMES franchisees, with an average loan amount of $149,000. The historical default rate is 25.0%.

Is SHOWHOMES a good franchise to buy?

SHOWHOMES shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in SHOWHOMES?

Talk to a franchise advisor to get personalized guidance and learn if SHOWHOMES is the right fit for you.

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