JPAR Real Estate logo

JPAR Real Estate Franchise

Audited Financials
Real EstateEst. 2018Plano, TX
www.jpar.com

Risk Score

Pending analysis

Investment Range

$17,940 - $235,400

Franchise Fee

$5,312.5

Min Cash Required

$10,000

Total US Locations

69

Business Summary

JPAR® - Real Estate franchisees operate as real estate brokers for residential home buyers and sellers, as well as commercial real estate buyers, sellers, lessors, and lessees. The business offers four distinct programs: GROW, GROW with Compliance Platform, FLEX, and FLEX with Compliance Platform, allowing franchisees to either use the JPAR® brand exclusively or integrate it with their own independent brokerage names using a '+JPAR' model. Franchisees utilize JPAR® - Real Estate's proprietary business systems, techniques, strategies, and procedures for marketing, promoting, training, and operating their real estate brokerage.

Corporate History

JPAR Franchising, LLC was established as a Texas limited liability company on February 20, 2018. The company began offering franchises on June 4, 2018. In April 2021, Cairn JPAR Holdings, LLC, a Delaware limited liability company, acquired JPAR Franchising, LLC. JPAR Franchising, LLC also has an affiliate, JP Piccinini Real Estate Services, LLC, which has been operating JPAR® - Real Estate brokerage offices since October 2011.

Financial Overview

Investment Range

$17,940 - $235,400

Franchise Fee (Low)

$5,312.5

Franchise Fee (High)

$27,500

Minimum Cash Required

$10,000

Equipment Costs (Low)

$2,000

Equipment Costs (High)

$99,000

Working Capital

$22,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

The financial statements for JPAR Franchising, LLC indicate significant financial challenges, with net losses of $(805,520) in 2024 and $(374,578) in 2023. The company also has an accumulated deficit, reaching $(1,801,304) in 2024. A critical note indicates that the company's ability to continue as a going concern is dependent on funding from its parent company, Cairn JPAR Holdings, LLC, which has committed to providing support for the foreseeable future. Furthermore, subsequent to year-end 2024, JPAR Franchising, LLC terminated its contract with its largest franchisee, which accounted for 17% of its total revenues in 2024, with the associated accounts receivable fully reserved.

Financing Details

JPAR Franchising, LLC does not offer any direct or indirect financing to its franchisees. The company also does not guarantee any franchisee's notes, leases, or other obligations. Franchisees are solely responsible for securing their own financing arrangements without any assistance from JPAR Franchising, LLC.

Performance Metrics

Total US Locations

69

Franchised Units

43

Corporate Units

26

Franchising Since

2018

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To be eligible for a successive term, JPAR Franchising, LLC franchisees must provide 180 days' notice before their current term expires. They are required to pay JPAR Franchising, LLC's then-current renewal agreement fee for their chosen program, sign the current franchise agreement offered to new franchisees (which may have different terms), remain in full compliance with the franchise agreement and all mandatory system standards, complete any additional training or modernization requirements, and sign a general release (if permitted by state law).

Training & Support Program

Franchisor Assistance

JPAR Franchising, LLC provides pre-opening assistance through transition orientation, consultation, and onboarding as part of its Integration Program, along with electronic copies of its operational manuals. It also offers materials and suggested content for franchisees to conduct orientation for their independent sales agents. On an ongoing basis, JPAR Franchising, LLC makes available optional educational courses, seminars, and conventions, which may become mandatory at its discretion. It provides marketing and sales promotion materials for purchase from third-party vendors and offers periodic assistance through representatives who may visit locations or conduct online meetings. This assistance can cover hiring, training, business development, pricing, administrative procedures, and operational problem-solving. Additionally, JPAR Franchising, LLC provides online support via email, e-newsletters, social media groups, and an intranet portal.

Initial Training Hours

23

Training Location

Phone/Webinar or In Person at our HQ

Ongoing Support

JPAR Franchising, LLC provides continuing assistance to its franchisees through various channels. This includes making optional educational courses, seminars, and conventions available, which may be required at the franchisor's discretion, though franchisees are responsible for associated expenses. The franchisor offers marketing and sales promotion materials for purchase from third-party vendors. Periodic assistance is also provided by JPAR Franchising, LLC's representatives through in-person visits or online meetings, with frequency determined by the franchisor. This ongoing support may cover areas such as hiring and training employees, business development, pricing strategies, administrative procedures, sales and marketing techniques, and resolving operational issues. Additionally, JPAR Franchising, LLC offers consultation and guidance through communications like email, e-newsletters, social media groups, and an intranet portal.

Franchise Requirements

Ideal Candidate Profile

JPAR Franchising, LLC seeks franchisees who are licensed real estate brokers or are willing to appoint an approved supervising real estate broker. Ideal candidates demonstrate strong individual character, skill, aptitude, business ability, English language fluency, and the physical capacity to fulfill their franchise obligations. Financial capacity is also a key consideration. For corporate or entity franchisees, an owner with a majority interest or a mechanism to resolve tie-breaker issues must directly supervise the business.

Industry Experience Required

Yes

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

Yes

Operational Details

Location Type

Commercial

Owner Participation

Full-Time

Territory Type

Non-Exclusive

Territory Size Requirements

JPAR - Real Estate franchisees are not granted an exclusive or protected territory. The franchisor states it has no policy regarding the proximity of franchise locations to each other and no longer intends to offer or grant any protected territory. Franchisees are granted the right to operate their JPAR - Real Estate business from specific approved physical or virtual locations and may face competition from other JPAR franchisees, company-owned outlets, or other distribution channels controlled by the franchisor.

Staffing Notes

JPAR Franchising, LLC requires that the franchisee or a designated manager be a licensed real estate broker to supervise the Franchised Business. If the franchisee does not hold a broker's license, they must appoint a supervising real estate broker who has been approved by JPAR Franchising, LLC, completed the Integration Program, and signed confidentiality and non-competition agreements. Franchisees are responsible for conducting orientation for their independent sales agents, utilizing materials and suggested content provided by JPAR Franchising, LLC. The system encourages a minimum production standard for agents, recommending 8 transactions in a 12-month period, with options for coaching, joining an existing team, or disaffiliation if this standard is not met.