THE DOAN GROUP
The Doan Group franchise enables operators to provide personal and commercial vehicle, automobile, truck, motorcycle, and heavy equipment appraisals for property and casualty damage. Franchisees receive appraisal assignments from national accounts, such as insurance companies and independent adjusters, managed by affiliate Woodland Capital Holdings, Inc., and perform services within protected territories. The business model targets experienced appraisers serving the insurance claims industry through a standardized system of methods, training, and national relationships.
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
Financial Requirements
22% royalty + 0% brand fund (up to 2% reserved) + $189-$500/mo software licensing fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 26 franchised locations in operation for some portion of the 2024 Measurement Period, with data for March 1, 2024 to February 28, 2025.
* All gross revenue data (average, median, high, low) extracted directly from the 'Gross Receipts' summary table on page 4 for the 'March 1, 2024 to February 28, 2025' measurement period. The 'High' value represents the highest gross revenue and the 'Low' value represents the lowest gross revenue among the franchised locations. No expense, net income, net profit, or EBITDA data was provided in Item 19, so corresponding fields are null.
Extracted Item 19 Section
How THE DOAN GROUP Compares to Other Real Estate Services Franchises
Key Insights
- One of the lowest investment costs in Real Estate Services (ranked #1 of 24)
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
THE DOAN GROUP Current | $14K - $68K | $10K | 22.0% | 26 |
| 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.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
+17 more states
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a THE DOAN GROUP franchise?
The total initial investment to open a THE DOAN GROUP franchise ranges from $14,050 to $68,000. This includes a franchise fee of $10,000. Ongoing royalty fees are 22.0% of gross sales.
How much revenue does a THE DOAN GROUP franchise make?
According to the 2025 FDD, the average gross revenue for a THE DOAN GROUP franchise is $350,355.11. The median revenue is $106,518.15.
How many THE DOAN GROUP franchise locations are there?
As of the 2025 FDD, THE DOAN GROUP has 26 franchise locations. The company has been franchising since 2020.
Is THE DOAN GROUP a good franchise to buy?
THE DOAN GROUP 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.
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