Showhomes


Description

Showhomes helps home owners and their Realtors sell vacant homes faster and for higher prices.

We do this by offering a turn-key suite of services that involves whole-house furnishing, staging and design and live-in Home Managers that keep homes in show-to-sell condition.

Showhomes provides service for two niches in the real estate market:

We provide whole house furnishing and live-in Home Managers for vacant, upscale homes for sale. These homes are hard to sell vacant and are vulnerable to low-ball offers. We create an environment in the home that pushes emotional buttons and often results in list-price sales in a shorter amount of time.

Investment Highlights:

Showhomes offers:

  • A systemized business based on 25 years of market experience that helps you launch a profitable and enviable business providing staging and home management services in an exclusive territory. 
  • Showhomes contracts with owners of vacant homes to fully furnish the homes and contracts with a Home Manager to move into the home and keep it in show-to-sell condition until it sells.
  • Home owners pay Showhomes franchisees a setup fee when the home is staged and a performance-based Success fee when and if the home sells.
  • Home Managers pay Showhomes franchisees monthly fees for the privilege of living in and enjoying upscale homes. The monthly fee is not shared with the home owner and is far below the market rental rate for that home.

Background

Year Established: 1986
Year First Franchised: 1994
Franchised Units: 50-100
Actual number of units: 75
Company Owned Units: 1
Projected New Units (12 months): 30

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • 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
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: No

Notes:

States/Countries Registered In: U.S. all but North and South Dakota, Hawaii
States, from which Broker Referrals are not being accepted: North / South Dakota and Hawaii.

 

Financial / Terms

Cash Investment: $10,000
Minimum Investment: $43,400
Minimum Net Worth: $50,000
Franchise Fee: $34,900

Discounts:

  • Vet Fran

Royalty: 10%
Ad: 3%
Average # of Employees: 3
Passive Ownership Allowed: No
Earnings Claims: Yes

Notes:

Initial Franchise Fees:

Most franchisees acquire more than 1 territory. As an incentive we have reduced the fees accordingly. The acquisition of additional territories at a discounted rate must be done at the time of signing the franchise agreement.

1 Territory - $34,900
Each Additional Territory $29,900

Total Investment Range: $43,800-82,000

Financing: Internal Financing available for qualified candidates

Territory:

Exclusive – defined by the number of homes over $300,000 in price in a given zip code. Typically, the formula is 10,000 homes over $300,000 in value equals one unit of territory. **In markets where the home prices are far higher, we may opt to use a higher house value.

 

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: No
Developing outside of the U.S.: N/A
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: No
Area Development or Master Avail.: No
Cash Investment: N/A
Total Investment: N/A

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Co-operative Advertising: No

Notes:

Training & Support:

  • Jump start training consists of initial training in the field, classroom training, web training modules, tests and homework assignments. State of the art online training university just launched with over 1,000 pages of documentation, videos and more.
  • National franchise conference every January
  • Regional training sessions and regular training sessions held in Nashville on a regular basis

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474