Quick Verdict · who it fits
Howard Hanna fits first-time franchise buyers looking for an emerging real estate concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$45K - $259K
Franchise fee (Item 5)
$25K
Royalty (Item 6)
2–6%
System size (Item 20)
40 +1
Agreement term
10 yrs
Years in business
16+ yrs
Company-owned units
407
Item 3 litigation
1 suit
Model Howard Hanna's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
•No exclusive territory•Owner-operator required✓No bankruptcy disclosed•1 Item 3 case
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 2–6% on gross sales.
PROJECTED ANNUAL SALES$500,000
$100k$2M
Royalty (2–6%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
465
Total units open
42
Units opened last year
new company-owned outlets
24
Units closed last year
company-owned
14 units
Net unit growth
2025 vs. 2024
What our analysis flagged across the 2026 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
How Howard Hanna ranks against 80 Real Estate peers we've analyzed.
Initial investment
42nd pct · of 80 peers
Franchise fee
37th pct · of 80 peers
System size
30th pct · of 80 peers
Real Estate industry averages
Avg investment
$145K - $361K
Avg franchise fee
$32K
Avg system size
276
Franchises analyzed
80
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Howard Hanna | Disclosed | $25K | $45K - $259K | 2–6% | 40 |
| Red Barn HomebuyersSimilar price | None | $35K | $56K - $258K | 0.25–3% | 125 |
| Re MaxBiggest system | None | $35K | $50K - $337K | — | 2,994 |
| ItripTop-rated in category | Disclosed | $10K | $119K - $153K | 4–6.1% | 105 |
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Free explainers to go deeper before you sign.
Howard Hanna requires a $25,000 initial franchise fee and a total initial investment range of $45,000–$258,500, per the most recent FDD on file.
Howard Hanna is franchised by Howard Hanna Real Estate Associates, LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Yes. Howard Hanna discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.
Franchisees pay a royalty of 2.0% to 6.0% on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Howard Hanna has 40 total locations, with 1 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
No. Howard Hanna does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
Per the FDD, Howard Hanna discloses an initial agreement term of 10 years, a renewal fee of $5,000, a transfer fee of $6,250. Review Items 10 and 17 for the full renewal and termination provisions.
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