About Homestretch Franchise
Homestretch is a home services franchise offering handyman and property maintenance solutions to residential and commercial customers.
The brand provides a range of general maintenance, repair, and improvement services designed to help property owners keep their homes and buildings in excellent condition.
The initial franchise fee ranges from $5,000 to $60,000.
Homestretch Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $5,000 to $60,000 | One-time payment upon signing |
| Royalty Fee | 7.25% of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | The greater of (i) $750 per franchisee per month, or (ii) 1.5% of Gross Revenue. | National brand fund |
| Total Investment Range | $104,400 – $170,200 | Includes build-out, inventory, working capital |
The investment range of $104K–$170K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (7.25%) and marketing fee (The greater of (i) $750 per franchisee per month, or (ii) 1.5% of Gross Revenue.) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Computers, Office | $2,000 | $3,500 |
| Expenses | $550 | $2,550 |
| Security Deposits | $0 | $1,500 |
| Improvements | $0 | $750 |
| Fixtures | $0 | $1,500 |
| Vehicle Wrap | $1,200 | $20,000 |
| Software | $2,000 | $4,500 |
| Insurance | $600 | $1,500 |
| Professional Fees | $3,000 | $5,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $1,500 |
| Renewal Fee | Ten percent (10%) of the then- current Initial Franchise Fee. |
| Technology Fee | Currently, $400 per month (the “Technology Fee”). We reserve the right to increa |
| Audit Fee | Payable if an audit or review shows an understatement of Gross Revenues for the |
| Insufficient Funds | $250 |
| Late Fee and Interest | $100 |
| Additional Training Fee | $500 |
| Annual Convention Fee | $1,000 |
| Product, Service, Supplier, and Service Provider Review | $1,000 |
| 0 -12 | $0 |
| 13 – 24 | $275 |
| 25 – 36 | $350 |
| 47 – 48+ | $425 |
| Expenses | $550 |
| Security Deposits | $0 |
| Improvements | $0 |
| Fixtures | $0 |
| Vehicle Wrap | $1,200 |
| Insurance | $600 |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | Two (2) successive 10-year term(s). |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Homestretch Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
Homestretch Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Homestretch System Growth
Homestretch currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | ||
| 2020 | 1 | ||
| 2020 | 1 | ||
| 2021 | 0 | ||
| 2021 | 2 | ||
| 2021 | 2 | ||
| 2022 | 0 | ||
| 2022 | 2 | ||
| 2022 | 2 |
Homestretch Franchise — FAQ
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