Joe Homebuyer Franchise FDD, Costs & Fees (2025)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Franchisees

?

63
+
66%
66%
Investment required

?

$131,000 - $444,000
Revenue (AUV)

?

$322,000
Undisclosed
Pro
+
n.a.
+
xx%
-xx%
n.a.
Initial franchise fee

?

$50,000
Royalty fees

?

4% - 9%
+
$1,000 per month
Operating Profit

?

n.a.

Pro
Franchisees

?

63
+
66%
66%
Investment required

?

$131,000 - $444,000
Franchise fee

?

$50,000
Royalty fees

?

4% - 9%
+
$1,000 per month
Revenue (AUV)

?

$322,000
Undisclosed
Pro
+
n.a.
+
xx%
-xx%
n.a.
Operating Profit

?

n.a.

Pro

Joe Homebuyer: Revolutionizing Real Estate Investment

Joe Homebuyer is a prominent real estate investment franchise specializing in purchasing residential properties directly from homeowners. Founded in 2018 in Salt Lake City, Utah, the company has rapidly expanded its presence across the United States. The corporate headquarters remain in Salt Lake City, serving as the central hub for its nationwide operations.

The franchise began offering franchising opportunities in 2019, enabling entrepreneurs to join its mission of providing homeowners with swift and hassle-free property sales solutions.

Joe Homebuyer focuses on acquiring homes in various conditions, offering sellers a convenient alternative to traditional real estate transactions. This approach caters to individuals seeking quick sales without the complexities of repairs, listings, or prolonged negotiations.

What sets Joe Homebuyer apart is its commitment to ethical practices and personalized service. The franchise emphasizes transparent dealings, fair offers, and a supportive experience for sellers during potentially challenging times.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $50,000
Leasehold Improvements $0 to $5,000
Furniture, Fixtures, and Equipment $0 to $9,000
Advertising $30,000 to $90,000
Signage $0 to $4,000
Lease and Utilities Deposits $0 to $4,000
Opening Supplies $200 to $1,000
Software $1,000 to $3,000
Travel and Living Expenses $2,000 to $6,000
Vehicle/Trailer $0 to $35,000
Insurance $2,500 to $7,500
Professional Services $500 to $3,000
Miscellaneous Opening Costs $0 to $6,000
Additional Funds (6 months) $40,000 to $70,000
Purchase and Repair of Properties $5,000 to $150,000
TOTAL $131,200 to $443,500

Franchise Disclosure Document

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Competitors

Franchise
Franchisees
Growth
Initial fee
Investment
Revenue
Gross Profit
Operating Profit
Industry

63

+
66%
66%
No growth
New

$50,000

$131,000

-

$444,000

n.a.

$322,000

Pro

n.a.

Pro

n.a.

Pro

Business Services

Training

The training programs provided by the franchisor in the Joe Homebuyer franchise are detailed in the document as follows:

  1. Initial Training Program: This includes comprehensive instruction to familiarize new franchisees with the business model, operational procedures, and the systems necessary for running the franchise.
  2. Ongoing Training and Support: Continuous training sessions are conducted to ensure franchisees stay updated with the latest practices, tools, and strategies for maintaining and growing their business.
  3. Mentorship and Field Training: Hands-on mentorship and practical field training allow franchisees to learn directly from experienced professionals.

Territory Protection

The Joe Homebuyer franchise provides territory protection by assigning exclusive areas to its franchisees, ensuring no overlap or competition within the network. These territories are defined in the franchise agreement based on factors like population and market potential, securing fair opportunities for each franchisee.

This approach safeguards investments and supports sustainable growth.

Territory protection fosters collaboration among franchisees while allowing each to focus on their designated market. By preventing conflicts over overlapping areas, Joe Homebuyer ensures that franchisees can operate effectively and maximize their local market potential. This policy is a key component of the franchise's support system.

Number of units

2024
Franchised units

38

61

63

Company-owned units

0

0

0

Total units

38

61

63

Competitors

Weichert

Investment required
$77,000
-
$360,000
Franchisees
297
+
-9%
-9%

The Agency

Investment required
$120,000
-
$856,000
Franchisees
42
+
282%
282%

Realty One Group

Investment required
$47,000
-
$228,000
Franchisees
380
+
27%
27%

Real Property Management

Investment required
$92,000
-
$266,000
Franchisees
423
+
18%
18%

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