FranchiseVerdict
JPAR - Real Estate logo
FV-01367·MODERATEExcellent81

JPAR - Real Estate

Real EstateFranchising since 2018Website
Investment
$18K – $235K
9th pct Real Estate
Avg revenue
32nd pct Real Estate
Royalty
Units
72
46th pct Real Estate
SBA default

Bottom line

  • Total investment $18K – $235K including a $28K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 64/100.
  • Auditor disclosed a going-concern note — 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
Texas
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.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one JPAR - Real Estate unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $18K–$235K
Working capital
$
FDD reports $4K–$40K

Unlevered ROIC · per unit

71%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$149K
Payback
17 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

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
Founded
2018
FDD year
2025
States available
24

Item 7 · what it costs

The Vitals

Total investment
$18K – $235K
All-in to open one unit
Liquid capital
$4K – $40K
Cash you must have on hand
Franchise fee
$28K
Royalty
GROW Program: $150-$175 per transaction after threshold; …
Ad fund
$25 per Transaction

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

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
2023
46+1
Franchised units
2024
45
Franchised units
2025
43
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 29 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 29 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

64
Risk · 0-100
MODERATE64 / 100

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.

Score breakdown · what drove the 64 / 100 rating

  1. 01MINORStagnant unit growth (2.2% YoY) suggests market saturation or franchisee dissatisfaction in a 72-unit system
  2. 02MEDThree active class-action antitrust lawsuits against affiliate regarding commission practices create legal and reputational risk
  3. 03MEDNo average revenue or net income disclosure (missing Item 19) prevents assessment of franchisee profitability
  4. 04MINORPer-transaction royalty model ($150-$220) creates unpredictable income and incentivizes high-volume commodity sales over quality
  5. 05MINORUnprotected territory exposes franchisees to direct competition from other JPAR franchisees and corporate-owned locations
  6. 06HIGHGoing concern notation indicates potential financial instability at franchisor level
  7. 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

Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
4
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
0.5 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
26 hrs
On-the-job training
0 hrs
POS system
Dotloop and Moxi Balance
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

43 numbers

Locked
(407) 301-••••
FL
(256) 368-••••
AL
(805) 769-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

JPAR - Real Estate · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above