New Again Houses Franchise FDD, Profits & Costs (2025)
New Again Houses® is a real estate franchise specializing in purchasing and transforming older homes into modern, family-ready residences. Founded in 2008 by Matt Lavinder in Bristol, Tennessee, the company remains headquartered there.
The franchise began expanding its model in 2017, offering entrepreneurs the opportunity to join a nationally recognized brand with proprietary systems and comprehensive support.
Franchisees benefit from tools like the MasterSuite Technology™ for property analysis and Lead Launchpad™ for lead generation, enabling them to effectively compete in the real estate market.
As of December 2024, New Again Houses® has grown to include dozens of franchise locations across the United States, each independently owned and operated.
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Initial Investment
How much does it cost to start a New Again Houses franchise? It costs on average between $92,000 – $186,000 to start a New Again Houses franchised center.
This includes costs for property acquisition, renovations, marketing, and initial operating expenses. The exact amount depends on various factors, including the condition of the property, the market location, and whether the franchisee chooses to finance or pay upfront for the renovations and related expenses.
| Type of Expenditure | Amount (Low/High) |
|---|---|
| Franchise Fee | $42,500 |
| Furniture, Fixtures, and Equipment | $0 – $1,000 |
| Computer System | $1,500 – $4,000 |
| Pre-Opening Costs | $1,500 – $4,000 |
| Required Software | $2,000 – $4,000 |
| Consultant Fees | $0 – $4,000 |
| Initial Monthly Advertising | $12,000 – $36,000 |
| Annual Insurance Premiums | $4,000 – $10,000 |
| Down Payments on Property | $20,000 – $60,000 |
| Additional Funds – 6 Months | $8,000 – $20,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $91,500 – $185,500 |
Average Revenue (AUV)
How much revenue can you make with a New Again Houses franchise? A New Again Houses franchised business makes on average $1,447,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $322,000 yearly revenue for similar broker/realtor franchises. Below are a few New Again Houses competitors as a comparison:
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We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
New Again Houses Franchise Disclosure Document
Frequently Asked Questions
How many New Again Houses locations are there?
As of the latest data, New Again Houses® operates a total of 38 locations, with 37 being franchise-owned and one company-owned unit.
What is the total investment required to open a New Again Houses franchise?
The total investment required to open a New Again Houses franchise ranges from $92,000 to $186,000.
What are the ongoing fees for a New Again Houses franchise?
New Again Houses® franchisees pay a royalty fee of 2.25% of gross sales. While there is no national marketing fee, franchisees are expected to invest at least $2,500 per month in local marketing efforts to promote their services effectively.
What are the financial requirements to become a New Again Houses franchisee?
To become a New Again Houses® franchisee, candidates are required to have a minimum liquid capital of $115,000. This ensures that franchisees have the necessary financial resources to effectively establish and operate their franchise.
How much can a New Again Houses franchise owner expect to earn?
The average gross sales for a New Again Houses franchise are approximately $1.45 million per location. Assuming a 15% operating profit margin, $1.45 million yearly revenue can result in $218,000 EBITDA annually.
Who owns New Again Houses?
New Again Houses® is owned by its founder, Matt Lavinder. He established the company in 2008 and continues to lead its operations, expanding it into a successful franchise system.
Disclaimer
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