Homes & Land
#195

Initial Investment

LOW: $47,500
HIGH: $116,000

Change in Units

-3.1% -7 UNITS (1 Year)
+0.9% +2 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1973

Franchising Since

1984 (32 Years)

Corporate Address

1830 E. Park Ave. Tallahassee, FL 32301

CEO

Robert Hardy

Parent Company

NewPoint Franchisor LLC

About Homes & Land

Homes & Land Magazine introduced its pictorial magazine, featuring homes and land for sale, in Tallahassee, Florida, in 1973.

Homes & Land Magazine covers more than 15,000 communities nationwide. Franchisees sell advertising space to brokers and agents, collect property information, take or obtain photographs and distribute the printed magazines. The company is owned by Homes & Land Affiliates LLC, which also publishes Rental Guide Magazine and Home Guide Magazine.

Financials

Financial Requirements

Initial Investment

$47,500 - $116,000

Net-worth Requirement

$150,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$27,000

Ongoing Royalty Fee

10.5%

Financing Options

Homes & Land offers in-house financing to cover the following: franchise fee

Homes & Land has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs

Veteran Incentives


50% off franchise fee

Franchise 500® Rank History

Highest Rank: 95

Lowest Rank: 400

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 15 days

Training at headquarters: 5 days

Additional Training: In-field training

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations

Marketing Support
Co-op Advertising
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 2

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 17th, 2016

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