What does a HomeSmiles Franchise Cost?
HomeSmiles franchise fees for 2024:
Total Investment: $152,750 - $200,080
Minimum Net Worth: $150,000
Franchise Fee: $59,500
Royalty: 6%
Ad: 1%
Item 19: Yes - Full P&L's
Average Number of Employees: 2
Visa Candidates: Yes
Passive Ownership: Yes
Home-Based: Yes
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes - 10%
Is HomeSmiles a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. HomeSmiles is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is HomeSmiles a Home Based franchise?
Yes. HomeSmiles is a home based franchise opportunity.
What Do HomeSmiles Franchise Owners Make?
Click here to find out how much HomeSmiles franchisees make. HomeSmiles offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is HomeSmiles a Master Franchise Opportunity?
No. HomeSmiles is not a master franchise opportunity.
Does HomeSmiles Offer a Veteran Discount?
Yes. HomeSmiles franchise does offer a veteran discount.
Does HomeSmiles Work with E2 Visa and EB-5 Visa Candidates?
Yes. HomeSmiles franchise does work with E2 Visa and EB-5 Visa candidates.
Is HomeSmiles Looking for Franchisees in Canada?
No. HomeSmiles franchise is not looking for Canada franchisees.
Is HomeSmiles Looking for International franchisees?
No. HomeSmiles franchise is not looking for International franchisees.
Where can I see HomeSmiles's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.