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General

Industry

Real Estate

Category

Brokerage Services

SBA Identifier

S5303

Year of Founding

2010

Fees

Marketing Fee

$750 per month

Royalty Fee

5%

Franchise Fee

$25,000-$25,000

Investment Range

$55K-$249K

Location units

Total U.S. Locations

341

U.S. Franchised Units

54

U.S. Corporate Units

287

Headquarters (City)

Pittsburgh

Other

Item 19 - Franchise Financials

No

Financing Availability

yes

Started Offering Franchises

2010

Issuance of FDD Data

04/14/2021

What to know about Howard Hanna Real Estate franchise?

The franchise described in this disclosure document is for the establishment and operation of a real estate brokerage business.

Howard Hanna Real Estate is based in Pittsburgh, PA. Scroll down to learn more!

How much does a Howard Hanna Real Estate franchise cost?

Are you wondering how much is a Howard Hanna Real Estate franchise? Before starting a Howard Hanna Real Estate franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Howard Hanna Real Estate franchise is $55,000 and can go all the way up to $248,500. Keep in mind, you should also allocate additional funds to live off of while the Howard Hanna Real Estate business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Howard Hanna Real Estate franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Howard Hanna Real Estate business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Howard Hanna Real Estate franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Howard Hanna Real Estate. Hotels to the Brokerage Services, Outdoor Real Estate industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 8 0 2 33
2017 34 12 0 46
2018 46 5 1 51
2019 50 4 3 52
2020 51 5 2 54

Additional Details

How much does a Howard Hanna Real Estate franchise owner make?

Howard Hanna Real Estate franchise earnings and revenue can vary significantly from one franchisee to another.
The Howard Hanna Real Estate franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Howard Hanna Real Estate unfortunately does not disclose financials on how much Howard Hanna Real Estate franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Howard Hanna Real Estate does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Howard Hanna Real Estate franchisees. Do note that Howard Hanna Real Estate is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Howard Hanna Real Estate franchisees to understand how much money they are making from their Howard Hanna Real Estate business.

You should also speak to former Howard Hanna Real Estate franchisees to understand why they left the system. Did they sell their Howard Hanna Real Estate at a profit? Were they forced to close their Howard Hanna Real Estate franchise down because it kept losing money?

What is the Howard Hanna Real Estate franchise fee?

Owning a Howard Hanna Real Estate franchise requires 5% royalty fee and $750 per month marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Howard Hanna Real Estate Franchise Disclosure Document

Keep in mind, there is also an initial Howard Hanna Real Estate franchise fee of $25,000 that is included in the initial investment amount of $55,000 to $248,500. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Howard Hanna Real Estate franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Howard Hanna Real Estate franchise fee of $25,000.

Visit the Howard Hanna Real Estate metrics tab to explore the financials for this business, royalty and marketing fees compare to other Real Estate franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Howard Hanna Real Estate founded?

Howard Hanna Real Estate started offering franchises in 2010. Howard Hanna Real Estate was founded 12 years ago in 2010.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Howard Hanna Real Estate locations are in the U.S.?

As of 2021, there were 54 locations across the U.S. There are also 287 corporate locations. Most Real Estate franchises like Howard Hanna Real Estate have more franchised locations than corporate locations.

How many Howard Hanna Real Estate franchises opened over the past few years?

Over the prior 3 years we have data for, Howard Hanna Real Estate has opened 14 outlets throughout the U.S. Visit the Howard Hanna Real Estate metrics tab to explore how the openings compare to other Real Estate franchises.

How many Howard Hanna Real Estate franchises closed over the past few years?

Over the prior 3 years we have data for, Howard Hanna Real Estate has closed 6 outlets throughout the U.S

Visit the Howard Hanna Real Estate metrics tab to explore how the openings compare to other Real Estate franchises.

Is Howard Hanna Real Estate growing? Are they opening more locations than they are closing?

The net unit growth rate for Howard Hanna Real Estate over the past 3 years is 17%. Over the last year we have data for, Howard Hanna Real Estate had a net unit growth rate of 6%.

Without a comparison, this number doesn’t mean much. Compare how the Howard Hanna Real Estate growth rate compares to 2,000+ other franchises and Industry franchises like Howard Hanna Real Estate. More info in the Howard Hanna Real Estate metrics tab.

Is Howard Hanna Real Estate franchise eligible for an SBA Loan?

Howard Hanna Real Estate is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Howard Hanna Real Estate franchise was assigned the SBA Franchise ID of S5303 on 04/23/2020. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Howard Hanna Real Estate that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Howard Hanna Real Estate a franchise in the United States?

According to the SBA, Howard Hanna Real Estate meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Howard Hanna Real Estate provides you with an FDD if you are in discussion to buy a Howard Hanna Real Estate.

What is the Howard Hanna Real Estate Franchise for Sale Rate?

The Howard Hanna Real Estate systemwide health and franchisee satisfaction can be measured by the Howard Hanna Real Estatefranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Howard Hanna Real Estate franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Howard Hanna Real Estate had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Howard Hanna Real Estate franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Howard Hanna Real Estate. More info in the Howard Hanna Real Estate metrics tab.

What is the Howard Hanna Real Estate Franchise Failure Rate?

Howard Hanna Real Estate franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Howard Hanna Real Estate failure rate over the past 3 years is 11%. Over the last year we have data for, Howard Hanna Real Estate had a franchise failure rate of 4%.

Without a comparison, this number doesn’t mean much. Compare how the Howard Hanna Real Estate franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Howard Hanna Real Estate. More info in the Howard Hanna Real Estate metrics tab.

How can I find out more details on Howard Hanna Real Estate franchise?

Visit the Howard Hanna Real Estate metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Howard Hanna Real Estate

$151,750

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Howard Hanna Real Estate

5%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Howard Hanna Real Estate

$25,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Download Latest FDD (2021)

General

Industry

Real Estate

Category

Brokerage Services

SBA Identifier

S5303

Year of Founding

2010

Fees

Marketing Fee

$750 per month

Royalty Fee

5%

Franchise Fee

$25,000-$25,000

Investment Range

$55K-$249K

Location units

Total U.S. Locations

341

U.S. Franchised Units

54

U.S. Corporate Units

287

Headquarters (City)

Pittsburgh

Other

Item 19 - Franchise Financials

No

Financing Availability

yes

Started Offering Franchises

2010

Issuance of FDD Data

04/14/2021

Detailed Franchise metrics for Howard Hanna Real Estate

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Howard Hanna Real Estate below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Howard Hanna Real Estate

$25,000

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2021)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Howard Hanna Real Estate

8%

11%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Howard Hanna Real Estate

0%

0%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

**********@******.com

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Mailing address

119 Gamma Drive

State headquarters

Pensylvania

Key leadership

Howard Hanna Real Estate

Phone

+1 (000) 0********00

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City

Pittsburgh

Zip code

15238
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