Question 1

How much does it cost to open a NextHome franchise?

Accepted Answer

The total initial investment for a NextHome franchise ranges from $17K to $222K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the NextHome franchise fee?

Accepted Answer

The initial franchise fee for NextHome is $10K.

Question 3

What are the net worth requirements for a NextHome franchise?

Accepted Answer

Net worth requirements for NextHome are specified in the Franchise Disclosure Document.

Question 4

Does NextHome require a personal guarantee?

Accepted Answer

Yes, NextHome requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a NextHome franchise?

Accepted Answer

Equipment costs for a NextHome franchise range from $500 to $25K.