This franchise is for the operation of a business that specializes in advertising for businessesselling products and services related to residential homeowners, such as electricians, plumbers, movingcompanies, home decorators, contractors and builders, and companies offering home improvementproducts and services.
Company Background
The Home Mag is a business that specializes in advertising for businesses selling products and services related to residential homeowners. The company's franchise will have the ability to provide resources, training, support, marketing tools, content development and distribution channels for their clients. Their goal is to become the go-to resource for homeowners looking for home improvement professionals or services.
Franchise Opportunity
It's hard to find good advertising for businesses that specialize in products and services related to residential homeowners. Most of the time, when you're looking for advertising for a business like this, you end up with low-quality options or have to spend a lot of money. TheHomeMag is a professional franchise that specializes in providing high-quality advertising for businesses selling products and services related to residential homeowners. We offer a variety of ad sizes and formats, so you can find the perfect one for your business.
Corporate Structure
THM Management, LLC (formerly known as TheHomeMag Franchising, LLC) is a Florida limited liability company that was formed on January 17, 2006 and has its principal place of business at 1732 SE 47th Terrace, Cape Coral, Florida 33904. They began offering franchises in September 2006.
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Marketing & Advertising Services Industry
How much investment do I need to start my own TheHomeMag business?
Franchisees typically require at least $299 to $349 investment to get their TheHomeMag business started
What are the initial franchise fees for TheHomeMag?
Franchisees typically need to pay at least $61 in fees directly to TheHomeMag in order to earn the right to launch their business
How much money can I make with a TheHomeMag franchise? What are
the average revenues for a typical TheHomeMag business?
We estimate that the average revenue of an individual
TheHomeMag unit is approximately
$1,379,168. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a TheHomeMag unit? What
is my contractual commitment?
TheHomeMag franchisees are typically required to sign up to a
15 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
2 /10
The Franchisor's investment costs ranges from
$299,000 to $349,000
which is
Much Higher
than the $0 to $0 average in the Marketing & Advertising Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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