NextHome Franchise

NextHome, a NextHome Inc franchise, has been franchising since 2014 , currently with 500 total locations in the real estate sector, headquartered in CA. The 2024 FDD lists a total initial investment between $10K and $20K, roughly a 100% gap between the low and high end once site size, local market, and buildout scope are factored in. That total bundles the franchise fee of $5K together with equipment, leasehold buildout, and the working capital needed to get through ramp-up.

The brand charges 3.0% of gross sales in ongoing royalties. No Item 19 financial performance data is disclosed for NextHome; the FTC Franchise Rule makes that disclosure optional, and plenty of franchisors skip it. Prospective buyers should compensate by calling Item 20 contacts, building their own unit-economics model from comparable brands, and insisting on real profit-and-loss numbers before signing.

The unit count trend here is positive -- NextHome posted 6.0% net growth year-over-year (50 openings, 20 closures). Consistent expansion usually means the unit model pencils out for new owners, but a late-cycle growth spike can also come from an aggressive sales push rather than genuinely strong store-level economics.