General

Industry

Real Estate

Category

Brokerage Services

SBA Identifier

S1228

Year of Founding

2004

Fees

Marketing Fee

NA

Royalty Fee

$250 per package

Franchise Fee

$100,000-$100,000

Investment Range

$125K-$196K

Location units

Total U.S. Locations

6

U.S. Franchised Units

6

U.S. Corporate Units

0

Headquarters (City)

Clearwater

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2004

Issuance of FDD Data

04/29/2021

What to know about Our Town America franchise?

The franchise offered is for the operation of a regional development business promoting the sale of Our Town America unit franchises and providing certain support services to these franchisees

Our Town America is based in Clearwater, FL. Scroll down to learn more!

How much does a Our Town America franchise cost?

Are you wondering how much is a Our Town America franchise? Before starting a Our Town America 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 Our Town America franchise is $124,750 and can go all the way up to $196,200. Keep in mind, you should also allocate additional funds to live off of while the Our Town America 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 Our Town America franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Our Town America business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Our Town America 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 Our Town America. Hotels to the Brokerage Services, Outdoor Real Estate industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 5 0 0 5
2017 5 2 0 7
2018 7 0 0 7
2019 7 0 1 6
2020 6 0 0 6

Additional Details

How much does a Our Town America franchise owner make?

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

Our Town America unfortunately does not disclose financials on how much Our Town America 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, Our Town America 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 Our Town America franchisees. Do note that Our Town America 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 Our Town America franchisees to understand how much money they are making from their Our Town America business.

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

What is the Our Town America franchise fee?

Owning a Our Town America franchise requires $250 per package royalty fee and a variable 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 Our Town America Franchise Disclosure Document

Keep in mind, there is also an initial Our Town America franchise fee of $100,000 that is included in the initial investment amount of $124,750 to $196,200. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Our Town America franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Our Town America franchise fee of $100,000.

Visit the Our Town America 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 Our Town America founded?

Our Town America started offering franchises in 2004. Our Town America was founded 18 years ago in 2004.

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 Our Town America locations are in the U.S.?

As of 2021, there were 6 locations across the U.S. There are also 0 corporate locations. Most Real Estate franchises like Our Town America have more franchised locations than corporate locations.

How many Our Town America franchises opened over the past few years?

Over the prior 3 years we have data for, Our Town America has opened 0 outlets throughout the U.S. Visit the Our Town America metrics tab to explore how the openings compare to other Real Estate franchises.

How many Our Town America franchises closed over the past few years?

Over the prior 3 years we have data for, Our Town America has closed 1 outlets throughout the U.S

Visit the Our Town America metrics tab to explore how the openings compare to other Real Estate franchises.

Is Our Town America growing? Are they opening more locations than they are closing?

The net unit growth rate for Our Town America over the past 3 years is -14%. Over the last year we have data for, Our Town America had a net unit growth rate of 0%.

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

Is Our Town America franchise eligible for an SBA Loan?

Our Town America is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Our Town America franchise was assigned the SBA Franchise ID of S1228 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Our Town America 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 Our Town America a franchise in the United States?

According to the SBA, Our Town America 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 Our Town America provides you with an FDD if you are in discussion to buy a Our Town America.

What is the Our Town America Franchise for Sale Rate?

The Our Town America systemwide health and franchisee satisfaction can be measured by the Our Town Americafranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Our Town America franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Our Town America had a franchise for sale rate of 0%.

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

What is the Our Town America Franchise Failure Rate?

Our Town America 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!

Our Town America failure rate over the past 3 years is 17%. Over the last year we have data for, Our Town America had a franchise failure rate of 0%.

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

How can I find out more details on Our Town America franchise?

Visit the Our Town America 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

Our Town America

$160,475

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Our Town America

$250 per package

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.

Our Town America

$100,000

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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General

Industry

Real Estate

Category

Brokerage Services

SBA Identifier

S1228

Year of Founding

2004

Fees

Marketing Fee

NA

Royalty Fee

$250 per package

Franchise Fee

$100,000-$100,000

Investment Range

$125K-$196K

Location units

Total U.S. Locations

6

U.S. Franchised Units

6

U.S. Corporate Units

0

Headquarters (City)

Clearwater

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2004

Issuance of FDD Data

04/29/2021

Detailed Franchise metrics for Our Town America

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Our Town America 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.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Our Town America

0%

-14%

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

Our Town America

0%

0%

Industry median

All franchises median

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Failure Rate

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

 

1 year

3 years

Our Town America

17%

17%

Industry median

All franchises median

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Business details

Company Name

http://www.ourtownamerica.com/

Business email

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

Mailing address

13900 US 19 N

State headquarters

Florida

Owner Name

Our Town America

Phone

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

City

Clearwater

Zip code

33764
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