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Mossy Oak Properties Franchise ProfileReal Estate Franchises > Residential Brokerage |
Mossy Oak Properties Franchise Overview
Mossy Oak Properties specializes in real estate services with a focus on land and recreational properties. The franchise offers a unique business model that combines a passion for the outdoors with real estate expertise. With an initial investment ranging from $20,250 to $72,250, franchisees can tap into a growing market while benefiting from a recognized brand name and established marketing strategies. The franchise fee is set at $15,000, along with ongoing royalty and marketing fees of 6% and 2%, respectively.
Financial Performance of Mossy Oak Properties
Mossy Oak Properties shows promising financial metrics for franchisees, with an average annual revenue per unit reaching approximately $491,103. The median annual revenue indicates strong performance, with the highest reported revenue being $4,662,459. Franchisees can expect to break even within 24 months and achieve investment payback in just 14 months, making this an attractive option for aspiring real estate entrepreneurs.
Understanding the Costs of a Mossy Oak Properties Franchise
When considering a Mossy Oak Properties franchise, potential owners should be aware of the financial requirements. The cash required to start ranges from $20,250 to $72,250, which includes the initial franchise fee and other startup costs. Additionally, franchisees must meet a net worth requirement of $25,000. It's essential to factor in ongoing royalty and marketing fees, which contribute to the overall operational expenses.
Support and Training for Franchisees
Mossy Oak Properties provides comprehensive support and training for new franchisees, ensuring they are well-equipped to succeed in the competitive real estate market. The franchise offers resources for marketing, operational guidance, and access to a network of experienced professionals. This support structure is particularly beneficial for those transitioning into franchise ownership without prior real estate experience, helping them to navigate challenges and maximize profitability.
Mossy Oak Properties Franchise Financial Requirements
Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.
The minimum total assets (minus liabilities) you must possess.
Net Worth Required:
The estimated period to recoup your total investment.
Investment Payback:
The initial fee paid to join the franchise system.
Franchise Fee:
Ongoing percentage of revenue paid to the franchisor.
Royalty Fee:
Regular contribution toward the franchise’s advertising fund.
Marketing Fee:
The estimated timeframe to recover your initial costs.
Breakeven Time:
The total amount required to launch the franchise.
Initial Investment:
The minimum liquid capital you must have on hand.
Cash Required:
The typical yearly revenue generated per franchise location.
Average Revenue:
The middle value of yearly revenue among franchise locations.
Median Revenue:
The largest reported annual revenue among franchisees.
Highest Revenue:
The smallest reported annual revenue among franchisees.
Lowest Revenue:
A broad sector defining similar types of franchise businesses.
Industry:
A more specific division within the broader industry.
Category:
The key individuals guiding the franchise’s strategy and growth.
Leadership:
The official business address of the franchisor’s headquarters.
Corporate Address:
Available financing options to help start the franchise.
Funding Year:
The main organization that owns the franchise brand.
Parent Company:
Mossy Oak Properties Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes.
Total Units
Franchised Units
Corporate Units
| Units | 2020 | 2021 | 2022 |
|---|---|---|---|
| Total Units | 93 | 98 | 89 |
| Net Change YoY | 5 | -9 | |
| Franchised Units | 93 | 98 | 89 |
| Net Change YoY | 5 | -9 | |
| Corporate Units | 0 | 0 | 0 |
| Net Change YoY | 0 | 0 |
Initial Investment
The Mossy Oak Properties franchise offers a low to moderate initial investment range, with costs starting at $20,250 and going up to $72,250. This includes a franchise fee of $15,000, making it accessible for aspiring entrepreneurs looking to enter the real estate market.
Royalty and Marketing Fees
Franchisees are required to pay a royalty fee of 6% on gross sales, along with a marketing fee of 2%. These fees contribute to the brand's overall marketing efforts and support franchisees in driving sales and growing their businesses.
Financial Performance
The average annual revenue per unit for Mossy Oak Properties is approximately $491,103, with a median revenue of $4,662,459. This indicates a strong potential for profitability within the franchise, making it an attractive option for investors.
Breakeven and Payback
Franchisees can expect to reach breakeven within 24 months of operation, with an investment payback period of just 14 months. This rapid return on investment is appealing for those looking to quickly recoup their initial costs.
Franchise Growth
Mossy Oak Properties has shown steady growth in franchised units, with 93 units in 2020, increasing to 98 in 2021, before slightly declining to 89 in 2022. This trend reflects the brand's resilience and adaptability in the competitive real estate market.
Corporate Structure
Mossy Oak Properties operates as a franchise model with no corporate-owned units, emphasizing its commitment to franchisee success. This structure allows franchisees to operate independently while benefiting from the support and resources provided by the brand.
Frequently Asked Questions
The initial investment for a Mossy Oak Properties franchise ranges from $20,250 to $72,250, which includes a franchise fee of $15,000.