OptionPlus Homes Inc.

Lease-to-own homes
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$21K - $28K
Unit data is unavailable
N/A

Company Overview

About OptionPlus Homes Inc.

Industry Services (Other)
Related Categories Real Estate , Miscellaneous Services
Founded 2006
Leadership Craig Sherman, CEO
Corporate Address 5000 Laguna Woods Dr.
Elk Grove, CA 95758

Business Overview

Franchising Since 2010 (14 years)

Information for Franchisees

Here's what you need to know if you're interested in opening a OptionPlus Homes Inc. franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$14,000
Initial Investment Information Circle
$21,015 - $28,465
Royalty Fee Information Circle
6%
Is franchise term renewable? No
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing OptionPlus Homes Inc. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022