New Again Houses
We operate a residential redevelopment business that buys, remodels, and sells homes. We work with motivated sellers who want to sell residential property at wholesale prices and with buyers, especially first-time homebuyers, who want an updated home with less deferred maintenance at an entry-level price. Our system includes lead generation, property analysis, training, branding, and partnerships to support the process of finding and redeveloping homes. We coordinate with contractors, subcontractors, and real estate agents to complete acquisitions, renovations, and sales in a local market. The business can start lean with no employees or office space and grow over time as the operation expands.
Your franchise match score
Real Estate
Brand highlights
- CEO
- Headquarters501 Alabama Street, Bristol, TN, 37620
- Year founded2009
- Year started franchising
- IndustryReal Estate
- Locations open44 (+28 last three years)
Statistics & metrics
- Investment range$115,000 - $208,000
- Franchise fee$45,000
- Royalty2.25% of Gross Sales1
- Brand fundA minimum of $3,000 per month which must be spent in the manner set forth in the Operations Manual. Currently: $600 for the digital storefront $300 for the lead manager program $700 for postcard mailers $1,400 for other digital marketing
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Real Estate industry:
Real estate franchises include brokerage firms, property management, and inspection services. This industry is ideal for those with a strong network and an interest in the property market.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-30
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about New Again Houses, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of New Again Houses's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving New Again Houses, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a New Again Houses franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information New Again Houses provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 44 |
| Franchise locations | 43 |
| Corporate locations | 1 |
System growth over time
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