JPAR - Real EstateFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A JPAR - Real Estate franchise requires a total initial investment of $50K – $235K, including a $28K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $50K – $235K
- 28th pct Real Estate
- Avg gross sales
- N/A
- 25th pct Real Estate
- Royalty
- N/A
- Units
- 72
- 37th pct Real Estate
- SBA default
- N/A
Quick verdict · Real Estate · color = vs category peers
Green = >15% above Real Estate avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 27 to 26 over 3 years. Investigate why operators are leaving.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $50K – $235K including a $28K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict F (Bottom Quintile) with a risk score of 94/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- JPAR Franchising, LLC
- Parent company
- Cairn JPAR Holdings, LLC
- Incorporated in
- TX
- HQ
- 5045 Lorimar Dr, Ste 180, Plano, Texas 75093
- Auditor
- Bober Markey Fedorovich & Company
- Audited financials
- Franchisor revenue
- $2.3M
- vs $2.1M prior year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
JPAR franchisees operate as real estate agents/brokers, generating revenue through residential and commercial property sales transactions. They recruit and manage sales agents within their territory while leveraging JPAR's branding, CRM technology, and training systems. Income is primarily transaction-based through commission splits with agents and franchisor royalties.
- CEO
- Richard Davidson
- Headquarters
- TX
- Founded
- 2018
- FDD year
- 2025
- States available
- 24
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $28K | $28K |
| Working capital (3–6 mo) | $4K | $40K |
| Equipment, build-out, other | $19K | $168K |
| Total initial investment | $50K | $235K |
Source: JPAR - Real Estate 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $50K – $235K
- Better than avg vs category
- Liquid capital req'd
- $4K – $40K
- Better than avg vs category
- Franchise fee
- $6K – $28K
- Better than avg vs category
- Royalty
- GROW Program: $150-$175 per transaction after threshold; …
- Ad fund
- $25 per Transaction
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Transfer fee | $5K |
| Renewal fee | $13K |
| Inventory (initial) | $500 – $3K |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Real Estate averages
How JPAR - Real Estate Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 72
- Opened
- 5
- Last reporting year
- Closed
- 4
- Turnover rate
- 5.6%
- Company-owned
- 26
- Corporate units in the system
- % franchised
- 64%
- vs corporate-owned
- Net growth (yr3)
- +2.2%
- Net unit change last year
- 3-yr CAGR
- +7.0%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 0
- Terminated (3yr)
- 4
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 1
- Reacquired (3yr)
- 0
- Franchisor bought back
- Termination rate
- 8.9%
- Franchisor-initiated terminations
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 28 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
JPAR presents elevated risk due to stagnant growth, undisclosed profitability metrics, active antitrust litigation against its affiliate, unprotected territory, and regulatory compliance concerns—unsuitable for investors seeking established, transparent franchises.
Litigation (Item 3)
6 case reference(s): 0 pending, 4 settled.
Largest disclosed settlement: $1,500
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Bober Markey Fedorovich & Company⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
Score breakdown · what drove the 94 / 100 rating
- 01MINORStagnant unit growth (2.2% YoY) suggests market saturation or franchisee dissatisfaction in a 72-unit system
- 02MEDThree active class-action antitrust lawsuits against affiliate regarding commission practices create legal and reputational risk
- 03MEDNo average revenue or net income disclosure (missing Item 19) prevents assessment of franchisee profitability
- 04MINORPer-transaction royalty model ($150-$220) creates unpredictable income and incentivizes high-volume commodity sales over quality
- 05MINORUnprotected territory exposes franchisees to direct competition from other JPAR franchisees and corporate-owned locations
- 06HIGHGoing concern notation indicates potential financial instability at franchisor level
- 07MINORIndiana administrative order suggests compliance or regulatory issues with franchise registration/operations
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Protected territory | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 0.5 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 4 |
View Item 3 litigation summary
6 case reference(s): 0 pending, 4 settled.
Items 10, 11
Training & Operations
- Classroom training
- 26 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and corporate
- Site selection
- franchisee
- POS system
- Dotloop and Moxi Balance
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Dotloop and Moxi Balance
Item 20 · call current owners
Franchisee Contacts
41 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
JPAR - Real Estate · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a JPAR - Real Estate franchise?
The total investment to open a JPAR - Real Estate franchise ranges from $50K – $235K, with an initial franchise fee of $28K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do JPAR - Real Estate franchise owners earn?
JPAR - Real Estate does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is JPAR - Real Estate's franchise failure rate?
SBA 7(a) loan charge-off data is not available for JPAR - Real Estate (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many JPAR - Real Estate franchise locations are there?
As of their most recent FDD filing, JPAR - Real Estate has 72 total units in the United States, including 27 franchised units and 26 company-owned units. 5 new units were opened in the latest reporting year.
Is JPAR - Real Estate a good franchise to buy?
FranchiseVerdict rates JPAR - Real Estate as a F-grade franchise with a risk score of 94 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.