NextHome

NextHome

Real estate
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2021 Franchise 500 Rank
#79 Ranked #95 last year
See the Full List
Initial investment
$15K - $214K
Units as of 2021
500 66.1% over 3 years

Company Overview

About NextHome

Industry
Services (Other)
Related Categories
Real Estate
Founded
2014
Leadership
James Dwiggins, CEO & Cofounder

Franchising Overview

Franchising Since
2014 (7 years)
# of employees at HQ
37
# of Units
500 (as of 2021)

Franchisor Information

Corporate Address
4309 Hacienda Dr., #110
Pleasanton, CA 94588

Information for Franchisees

Here’s what you need to know if you’re interested in opening a NextHome franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$4,250 - $8,500
Initial Investment
$15,250 - $214,095
Royalty Fee
Varies
Ad Royalty Fee
$75-85/transaction
Term of Agreement
1 year or 5 years
Is franchise term renewable?
Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
29 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where NextHome landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where NextHome ranked on other franchise lists? Find out below.

Ranked #79

Franchise 500 Ranking

Ranked #54

Fastest-Growing Franchises

Ranked #43

Fastest-Growing Franchises (U.S. & Canada)

Ranked #8

Top Franchises for Less Than $50,000

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021