Franopolis
    HHvsOF

    Franchise opportunities compared

    Howard Hanna Real Estate vs of First Choice Business Brokers

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    HHHoward Hanna Real Estate2026 FDDOFof First Choice Business Brokers2025 FDD

    Initial investment · Item 7

    Howard Hanna Real Estate

    $45,000 – $258,500

    2026 FDD · Item 7 · PDF p. 25

    of First Choice Business Brokers

    $69,150 – $98,100

    2025 FDD · Item 7

    Initial franchise fee · Item 5

    Howard Hanna Real Estate

    $25,000

    2026 FDD · Item 5 · PDF p. 18

    of First Choice Business Brokers

    $40,000

    2025 FDD · Item 5 · PDF p. 11

    Royalty · Item 6

    Howard Hanna Real Estate

    3%

    2026 FDD · Item 6 · PDF p. 19

    of First Choice Business Brokers

    $300

    2025 FDD · Item 6 · PDF p. 12

    Before you compare

    • Howard Hanna Real Estate figures come from its 2026 FDD and of First Choice Business Brokers figures from its 2025 FDD, so the years differ.
    • of First Choice Business Brokers discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only of First Choice Business Brokers has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Howard Hanna Real Estate

    $45,000 – $258,500
    Total estimated initial investment
    2026 FDD · Item 7 · PDF p. 25

    of First Choice Business Brokers

    $69,150 – $98,100
    2025 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Howard Hanna Real Estate

    $25,000
    2026 FDD · Item 5 · PDF p. 18

    of First Choice Business Brokers

    $40,000
    2025 FDD · Item 5 · PDF p. 11
    Royalty (Item 6)

    Howard Hanna Real Estate

    3%
    Royalty rate on band above $4M through $5M
    2026 FDD · Item 6 · PDF p. 19

    of First Choice Business Brokers

    $300
    Royalty — monthly minimum
    2025 FDD · Item 6 · PDF p. 12
    Brand / advertising fund (Item 6)

    Howard Hanna Real Estate

    Not available
    No reviewed brand or advertising fund fee

    of First Choice Business Brokers

    $250
    Brand Fund Contribution
    2025 FDD · Item 6 · PDF p. 12

    System scale & health

    Total outlets (Item 20)

    Howard Hanna Real Estate

    465
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 59

    of First Choice Business Brokers

    109
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 43
    Net outlet change (Item 20)

    Howard Hanna Real Estate

    +10
    Calculated: 455 at end of 2023 → 465 at end of 2025

    of First Choice Business Brokers

    +55
    Calculated: 54 at end of 2022 → 109 at end of 2024
    Outlet exits (Item 20)

    Howard Hanna Real Estate

    Not available
    No complete exit records for a year

    of First Choice Business Brokers

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Howard Hanna Real Estate

    Not available
    Not in reviewed records

    of First Choice Business Brokers

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Howard Hanna Real Estate

    Not available
    Not in reviewed records

    of First Choice Business Brokers

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    HHHoward Hanna Real Estate

    Not disclosed — no Item 19 financial performance representation

    OFof First Choice Business Brokers
    Locations counted not stated in the reviewed record — Offices with a single franchised business, bottom third, 2024; table drawn from…
    45 percent
    other Single-business offices
    2025 FDD · Item 19 · PDF p. 43
    Locations counted not stated in the reviewed record — Offices with multiple franchised businesses in the top third for the 2024 calen…
    $267,825
    other Multiple-business offices
    2025 FDD · Item 19 · PDF p. 43
    Locations counted not stated in the reviewed record — Offices with multiple franchised businesses, middle third, 2024; table drawn fr…
    $144,537
    other Multiple-business offices
    2025 FDD · Item 19 · PDF p. 43
    +4 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Howard Hanna Real Estate vs of First Choice Business Brokers: common questions

    Which costs less to open, Howard Hanna Real Estate or of First Choice Business Brokers?
    Howard Hanna Real Estate: $45,000 – $258,500 (2026 FDD · Item 7 · PDF p. 25); of First Choice Business Brokers: $69,150 – $98,100 (2025 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Howard Hanna Real Estate. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Howard Hanna Real Estate and of First Choice Business Brokers royalties compare?
    Howard Hanna Real Estate: 3% (2026 FDD · Item 6 · PDF p. 19); of First Choice Business Brokers: $300 (2025 FDD · Item 6 · PDF p. 12). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Howard Hanna Real Estate or of First Choice Business Brokers?
    Howard Hanna Real Estate: 465 (2026 FDD · Item 20 · PDF p. 59); of First Choice Business Brokers: 109 (2025 FDD · Item 20 · PDF p. 43). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Howard Hanna Real Estate and of First Choice Business Brokers disclose financial performance (Item 19)?
    Howard Hanna Real Estate makes no Item 19 financial performance representation; of First Choice Business Brokers has reviewed Item 19 figures for 7 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    HH

    Full Howard Hanna Real Estate report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    OF

    Full of First Choice Business Brokers report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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    FDD glossary

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