HOMEstretch Franchise
To buy a franchise with HOMEstretch, you'll need to have at least $150000 in liquid capital and a minimum net worth of $250000. HOMEstretch charges a franchise fee of $59999. They also offer a discount for veterans.
Franchisor Details
Total Units: 3
Year Founded: 2019
Franchising Since: 2022
Home Office: Cincinnati, OH
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $150,000
Net Worth Required: $250,000
Total Investment: $104,400 – $170,199
Franchise Fee: $59,999
Royalty Type: 7.25%
Vetern Discount: Yes
*HOMEstretch is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, Wisconsin, Wyoming
Values & History
HOMEstretch’s mission is to be a national leader in the home preparation marketplace by providing a reliable, convenient, and valued service offering to homeowners and realtors.
Nick Lobert and Derek Shewmon founded HOMEstretch in 2019. They believe in building strong relationships and an even stronger business. They realized that homeowners didn’t have reliable resources to help get their home listed on the market. And so, they got started. HOMEstretch filled a gap in the market, eliminating the need for realtors to manage multiple, unreliable vendors in high-pressure situations with tight timelines. Over the years, HOMEstretch has expanded its team, fleet, service offerings, and locations. We are known for delivering clear communication and valued-added services to clients and realtors alike.
Industry Performance
The home services market share is expected to increase to USD 5.14 trillion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 36.21
Training & Support
Comprehensive initial training: Three days in Cincinnati, OH Business development playbook and ongoing support
- 6-8 Week Sales Process
- Introductory Webinar
- Unit Economics Call
- Marketing & Operations Webinar
- Business Development call and Founders call
- Discovery Day in Cincinnati, OH: held monthly
Ideal Candidate & Qualifications
What will be the role of the owner?
Active owner (min 2 employees)
a. Owner does the business development with local agents
b. Owner does the project management or hires a separate project manager
c. Owner builds a team of dedicated specialty contractors
d. Owner does all the behind the scenes things that owners do (marketing, finances, etc)
Semi-absentee owner (min 2 employees)
a. Owner hires a business development manager to build
relationships with real estate agent
b. Owner hires a project manager
c. Owner does all the behind the scenes
things that owners do (marketing, finances, etc)
Purchasing a HOMEstretch
Franchise Fee: $60,000 (single unit). Net worth Required: $250,000. Total Investment: $104,400 - $170,200, Liquid Capital Required: $150,000.
HOMEstretch is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
HOMEstretch is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.