Start-Up Costs and Fees |
||
| Why USA | NextHome | |
| Investment | 17000 - 103400 | 14750 - 213100 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | $180-$190/mo. |
| Advertising Fee | $75-85/transaction | |
| Year Founded | 1988 | 2014 |
| Year Franchised | 1989 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Why USA | NextHome | |
| Experience | ||
Financing Options |
||
| Why USA | NextHome | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Why USA | NextHome | |
| Training | 2 conferences per year, monthly tele-conferences | Classroom Training: 28 hours |
| Support | Meetings, Internet, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | Number of Employees Required to Run: 1 |
Expansion Plans |
||
| Why USA | NextHome | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Why USA | |
| NextHome | |
| Franchise Fee | |
| Why USA | |
| NextHome | |
| Royalty Fee | |
| Why USA | Varies |
| NextHome | $180-$190/mo. |
| Advertising Fee | |
| Why USA | |
| NextHome | $75-85/transaction |
| Year Founded | |
| Why USA | 1988 |
| NextHome | 2014 |
| Year Franchised | |
| Why USA | 1989 |
| NextHome | 2014 |
| Term Of Agreement | |
| Why USA | 3 years |
| NextHome | |
| Renewal Fee | |
| Why USA | |
| NextHome | |
Business Experience Requirements |
|
| Experience | |
| Why USA | |
| NextHome | |
Financing Options |
|
| Franchise Fees | |
| Why USA | Yes |
| NextHome | Yes |
| Start-up Costs | |
| Why USA | |
| NextHome | |
| Equipment | |
| Why USA} | |
| NextHome | |
| Inventory | |
| Why USA | |
| NextHome | |
| Receivables | |
| Why USA | |
| NextHome | |
| Payroll | |
| Why USA | |
| NextHome | |
Training & Support |
|
| Training | |
| Why USA | 2 conferences per year, monthly tele-conferences |
| NextHome | Classroom Training: 28 hours |
| Support | |
| Why USA | Meetings, Internet, Field operations/evaluations |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Why USA | Co-op advertising, Ad slicks |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| Why USA | 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| NextHome | Number of Employees Required to Run: 1 |
Expansion Plans |
|
| US Expansion | |
| Why USA | |
| NextHome | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Why USA | |
| NextHome | |
| International Expansion | |
| Why USA | |
| NextHome | |