FranchiseVerdict
Red Barn Homebuyers logo
FV-02117·MODERATEStandard76

Red Barn Homebuyers

Real EstateFranchising since 2022Website
Investment
$59K – $258K
52nd pct Real Estate
Avg revenue
32nd pct Real Estate
Royalty
0.3%
0th pct Real Estate
Units
90
49th pct Real Estate
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $59K – $258K including a $35K franchise fee, 0.3% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).
  • System growing at 561.5% CAGR over 3 years with 90 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Red Barn Homebuyers, LLC
Incorporated in
Georgia
HQ
105 Towne Lake Parkway, Woodstock, Georgia 30188
Auditor
REESE CPA LLC
Audited financials
Franchisor revenue
$2.1M
vs $2.0M prior year

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 Red Barn Homebuyers 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: $59K–$258K
Working capital
$
FDD reports $15K–$30K

Unlevered ROIC · per unit

53%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$96K
EBITDA margin
12.8%
Total invested
$181K
Payback
23 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

Red Barn Homebuyers franchisees operate in residential real estate through three revenue streams: acquiring distressed properties below market value, wholesaling deals to other investors, and listing residential properties for sale. Day-to-day work involves property sourcing, negotiations, market analysis, and client management across acquisition, wholesale, and traditional MLS-based listing operations.

CEO
Dr. Kevin D. Corsini
Founded
2021
FDD year
2025
States available
26

Item 7 · what it costs

The Vitals

Total investment
$59K – $258K
All-in to open one unit
Liquid capital
$15K – $30K
Cash you must have on hand
Franchise fee
$35K
Royalty
0.3%
Percentage and Tiers · typical 6–8%
Ad fund
10.0%
typical 3–5%
Total fee load
10.3%
vs 9–13% typical

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
90
Opened
40
Last reporting year
Closed
8
Turnover rate
8.9%
Company-owned
3
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
+59.3%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2023
86+32
Franchised units
2024
54
Franchised units
2025
13
Franchised units

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

Item 20 · 31 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 · 31 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.

Total loans
1
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

62
Risk · 0-100
MODERATE62 / 100

Red Barn presents CAUTION-level risk due to absent financial disclosures, false going concern status, unprotected territory, and opaque royalty structures that obscure true earnings potential.

Score breakdown · what drove the 62 / 100 rating

  1. 01MEDNo Item 19 financial performance data disclosed — impossible to validate earnings claims or ROI expectations
  2. 02HIGHGoing Concern status is FALSE, indicating potential financial instability or undisclosed operational challenges at franchisor level
  3. 03MINORUnprotected territory creates direct competition risk; franchisees in same area compete against each other and franchisor's own operations
  4. 04MEDComplex tiered royalty structure (0.25%-3% acquisition, 5%-10% wholesale, 10% listing commission) creates unpredictable income and payment opacity
  5. 05MINORRapid unit growth (59.3% YoY) may indicate aggressive recruitment over sustainable support; high churn risk typical in real estate franchises
  6. 06MEDHigh initial investment ($257,820 max) with no disclosed average revenue makes ROI assessment impossible
  7. 07MINORReal estate transaction-based model creates highly variable monthly income and feast-famine cash flow cycles

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Municipal boundaries
Protected territory
No
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Georgia

Item 11

Training & Operations

Classroom training
40 hrs
On-the-job training
63 hrs
POS system
Red Barn Central (RBC)
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

87 numbers

Locked
(813) 789-••••
FL
(317) 232-••••
IN
(865) 830-••••
TN

One-time purchase · CSV download · Validation questions included

FDD download

Red Barn Homebuyers · FDD (2025) PDF

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