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    Full Franchises

    Franchise research report · reviewed 2025 disclosure data

    Reviewed sources

    Full Franchises: We grant franchises for HomeVestors Business as described below.

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    Headline figures

    Full Franchises quick facts

    Is Full Franchises a franchise?
    Yes. Full Franchises offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 981 franchised and 22 company-owned outlets (2025 FDD, Item 20, PDF p. 64).
    How much does it cost to open a Full Franchises franchise?
    The Full Franchises Franchise Disclosure Document reports an estimated initial investment of $150,000–$477,250 (2025 FDD, Item 7, PDF p. 24). This is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does Full Franchises charge?
    The disclosed ongoing royalty is 1% (2025 FDD, Item 6, PDF p. 16). The brand or advertising fund contribution is $300 (2025 FDD, Item 6, PDF p. 17). Other recurring fees are listed in Item 6. Details
    Does Full Franchises disclose financial performance (Item 19)?
    Yes. The Full Franchises FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 62). Figures apply only to the locations and period each one covers. Details
    How many Full Franchises locations are there?
    The FDD reports 1,003 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 64). Existing locations do not indicate territory availability. Details
    Is Full Franchises a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $150,000 – $477,250 in the 2025 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 7 separate groups: other measures for 225 locations; other measures for 225 locations; other measures for 224 locations; other measures for 224 locations; other measures for 898 locations; other measures for 25 locations; other measures for 95 locations. They are not combined.
    3. 3Outlets declined by 89 in 2024, to 1,003 (Systemwide, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Franchises under $250kOther brands whose disclosed Item 7 low end fits this budget.Compare outlet trendsPut Item 20 counts side by side with up to 3 other brands.

    Full Franchises head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    FFFull FranchisesVSRed Barn
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    FFFull FranchisesVSHHomeVestors
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    FFFull FranchisesVSColdwell Banker Real Estate LLC
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    FFFull FranchisesVSCentury 21 Real Estate, LLC.
    Compare head-to-head

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2025 FDD · Item 7 · PDF p. 24

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Associate Royalty Fee on upgrade: 1% of after repaired value of each property in inventoryMain ongoing fee

    43 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    7 separate populations, shown apart. Revenue is not owner income.

    225 locations

    Other measures · 225 locations

    Who is counted
    Covered Franchises in United States, Gross Price Differential 3rd Quartile for Year 2024.
    Period
    3rd Quartile, Gross Price Differential, Year 2024
    Excluded
    Excludes 83 franchised businesses opened during 2024, 184 permanently closed during 2024, 44 transferred to another franchisee or reacquired during 2024, and 22 affiliate-operated company-owned outlets. Also excludes 7 foreclosed properties and a package of 7 properties in a 1031 exchange from the Item 19 data.
    Method
    Franchisee-reported, unaudited information for Jan. 1 through Dec. 31, 2024. Quartiles ranked by total annual Gross Price Differential; Gross Price Differential is total sales prices less total purchase prices and does not deduct operating or property costs.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Systemwide, as labeled in the FDD · counts as of 2024 of each year.

    2025 FDD · Item 20 · PDF p. 64

    Net −144 outlets, 2022–2024

    01,14720221,09220231,0032024−55−89

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2025 Item 7 estimate ($150,000 – $477,250) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units decreased from 1,092 to 1,003 in 2024. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2025 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 24
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Covered Franchises in United States, Gross Price Differential 3rd Quartile for… · PDF p. 62
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Covered Franchises in United States, Gross Price Differential Top Quartile for… · PDF p. 62
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Covered Franchises in United States, Gross Price Differential 2nd Quartile for… · PDF p. 62
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Covered Franchises in United States, Gross Price Differential Bottom Quartile f… · PDF p. 62
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Covered Franchises in United States, Gross Price Differential All Covered Franc… · PDF p. 62
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Bottom-quartile Covered Franchises that sold properties in 2024 for which Gross… · PDF p. 62
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Bottom-quartile Covered Franchises that advertised through their Advertising Co… · PDF p. 62
    9. [9]Outlet counts — Item 20, Table 1 · PDF p. 64

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    No verified franchisor financial statement figures have been reviewed yet.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.

    Red BarnHHomeVestorsColdwell Banker Real Estate LLCCentury 21 Real Estate, LLC.HomeVestors of AmericaSISotheby’s International Realty

    Head-to-head comparisons

    Full Franchises vs Red BarnFull Franchises vs HomeVestorsFull Franchises vs Coldwell Banker Real Estate LLCFull Franchises vs Century 21 Real Estate, LLC.Full Franchises vs HomeVestors of AmericaFull Franchises vs Sotheby’s International Realty
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 6 · PDF p. 15 · 2025 FDD

      Our summary: Associate Royalty Fee: Greater of 2% of Sales Price or $500

      “Greater of (i) two percent (2%) of the Sales Price for each Sale Transaction, Hold Transaction, Assignment Transaction and Delayed Sale Transaction ... or (ii) Five Hundred Dollars ($500)”

      Note: The cited text cannot be located in the supplied excerpt.

    • Item 6 · PDF p. 23 · 2025 FDD

      Our summary: Loan Origination Fee: Currently up to 3% with $2,000 minimum; affiliate may charge up to 5%

      “Currently up to 3% of loan amount, with a $2,000 minimum ... They may charge up to 5% of the loan amount.”

      Note: The cited text cannot be located in the supplied excerpt.

    • Item 20 · PDF p. 64 · 2025 FDD

      Our summary: Company-Owned 2023: 3 → 10

      “Company-Owned 2023 3 10 +7”

      Note: The supplied excerpt does not establish the cited Table 1 systemwide row.

    • Item 20 · PDF p. 64 · 2025 FDD

      Our summary: Franchised 2022: 1154 → 1144

      “Franchised 2022 1154 1144 -10”

      Note: The supplied excerpt does not establish the cited Table 1 systemwide row.

    • Item 20 · PDF p. 64 · 2025 FDD

      Our summary: Company-Owned 2022: 0 → 3

      “Company-Owned 2022 0 3 +3”

      Note: The supplied excerpt does not establish the cited Table 1 systemwide row.

    • Item 20 · PDF p. 64 · 2025 FDD

      Our summary: Company-Owned 2024: 10 → 22

      “Company-Owned 2024 10 22 +12”

      Note: The supplied excerpt does not establish the cited Table 1 systemwide row.

    • Item 20 · PDF p. 64 · 2025 FDD

      Our summary: Franchised 2024: 1082 → 981

      “Franchised 2024 1082 981 -101”

      Note: The supplied excerpt does not establish the cited Table 1 systemwide row.

    • Item 20 · PDF p. 64 · 2025 FDD

      Our summary: Franchised 2023: 1144 → 1082

      “Franchised 2023 1144 1082 -62”

      Note: The supplied excerpt does not establish the cited Table 1 systemwide row.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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