NextHome FDD – Franchise Information, Costs and Fees
Type of Business
NextHome, Inc. offers franchises for the operation of real estate brokerage offices under the NextHome® name and mark, which specialize in the sale and leasing of residential and commercial properties as well as other real estate-related activities.
Corporate Information
NextHome, Inc. was incorporated in Delaware under the name “NxGen Investment, Inc.” on September 13, 2011. On January 9, 2014, they changed their name to NextHome, Inc. Their principal business address is 4900 Hopyard Road, West Lobby, Suite 100, Pleasanton, CA 94588. They began offering NextHome franchises in November 2014.
Investment
The total investment necessary to begin operation of a NextHome franchise ranges from $16,250 to $220,345. This includes an initial franchise fee that must be paid to the franchisor of $4,500 for a 1-year franchise term or $8,750 for a 5-year franchise term.