HOMEstretch FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers qualified individuals and entities the right to operate a business offering residential and commercial (with their prior approval) home clear-outs, handyman services, interior and exterior painting, pressure washing, landscaping, junk removal, cleaning, and carpet/flooring replacements under their then-current proprietary mark, which is currently “HOMEstretch”
Corporate Information
Homestretch Home Services II LLC is a limited liability company organized under the laws of the State of Ohio formed on August 15, 2022. Their principal business address is 5041 Oaklawn Drive, Cincinnati, OH 45227. They started franchising on December 20, 2022.
Investment
The total investment necessary to begin operation of a Franchised Business is $109,700 – $177,750. This amount includes $60,000 that must be paid to the franchisor or its affiliates prior to opening. The franchisor also offers qualified parties the right to enter into multiple franchise agreements at once in addition to a multi-territory addendum to operate multiple Franchised Businesses. The total investment necessary to operate three (3) Franchised Businesses is $184,700 – $177,750. This amount includes (i) the initial investment necessary to begin operation of the Franchised Business in the first territory, and (ii) a $135,000 multi-territory fee that must be paid to the franchisor or its affiliates. The total investment necessary to operate six (6) Franchised Businesses is $289,700 – $357,750. This amount includes (i) the initial investment necessary to begin operation of a Franchised Business in the first territory, and (ii) a $240,000 multi-territory fee that must be paid to the franchisor or its affiliates. The total investment necessary to operate ten (10) Franchised Businesses is $399,700 – $467,750. This amount includes (i) the initial investment necessary to begin operation of the Franchised Business in the first territory, and (ii) a $350,000 multi-territory fee that must be paid to the franchisor or its affiliates. The minimum number of Franchised Businesses you are required to develop under the Multi-Territory Addendum is two (2).
