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HomeSmiles Franchise Review

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HomeSmiles is a Franchise Grade Made The Grade™ franchise, which means it's ranked highly by our analysts!

Franchise Facts

HomeSmiles is a property management service that offers both individual unit franchises and development options.

How much does a HomeSmiles franchise cost?

HomeSmiles has a franchise fee of up to $45,000, with a total initial investment range of $147,250 to $186,580.

  • Initial Franchise Fee: $45,000
  • Total Investment: $147,250 to $186,580
  • Working Capital: $56,200 to $71,080
  • Royalty Fee: 8.0%

The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How much does a HomeSmiles franchise make?

Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.

How many franchise locations do they have?

As of the 2021 Franchise Disclosure Document, there are 6 franchised HomeSmiles locations in the USA.

Are there any HomeSmiles franchise opportunities near me?

Based on 2021 FDD data, HomeSmiles has franchise locations in 2 states. The largest region is the West with 6 franchise locations.

CA
OR


This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.

Last Reviewed: 2021

Sector: Real Estate

HomeSmiles Franchise Stats

Total Investment
$147,250 - $186,580
Franchise Fee
$45,000
Franchise Agreement
Initial Term
10 Years
Renewal Term
10 Years
Franchisee Outlet Growth
2017
0
2020
6
Ongoing Fees
Royalty
8.0%
Ad Fees
1.0%
# of Franchised Outlets
6

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 80 hours. This includes 40 hours of classroom training and 40 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

Online 0
On-the-Job 40
Classroom 40
Total 80

Do they offer Territory Rights?

HomeSmiles offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.

Do they have computer and technology support in place?

Yes. HomeSmiles offers comprehensive support for franchisees. Unlock this franchise to find out more details.

When did they begin franchising?

They began franchising in 2018. The average Property Management franchise began franchising in 2011.

Do they offer financing support?

No, but you can click here to fill out our affordability calculator and understand your financing options.
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  • How many new outlets have they sold in the last 5 years?
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  • Do they operate any company or affiliate outlets?
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