GH Builders franchise
2022 filing · April 29, 2022Growing
GH Builders at a glance
A home construction business building energy-efficient green homes. At the end of 2021 there were 1 GH Builders locations in the US, all franchised.
The business
- Industry
- Real estate
- Franchisor
- Majemco Inc
- The company that sells the franchises
- Typical size
- 300–500 sq ft
What you pay
- Cost to open
- $71K–$521K
- Fee, build-out and opening working capital
- Franchise fee
- $60,000
- For an operating territory of about 150,000 households
- Royalty
- 5%
- 5% of gross sales, paid monthly, plus up to 2% to the brand development fund
- Brand fund
- 1%
- 1% of gross sales, paid monthly; it can rise to 2%
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
Where it is
- US locations, 2021
- 1
- Franchised and company-owned
- Franchised
- 1
- Company-owned
- 0
- Change in 2 years
- +1
- Franchised locations, 2019–2021
From Majemco Inc’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
GH Builders among all franchises with the same figure.
| Figure | GH Builders | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $295,925 | Costs less than 57% of franchises |
| Franchise feePaid once, when you sign | $60,000 | Higher than 88% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a GH Builders franchise costs
Opening one GH Builders costs an estimated $70,950 to $520,900. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
Source: Majemco Inc, 2022 filing, page 18
GH Builders franchise fee
The franchise fee is $60,000, for an operating territory of about 150,000 households. You pay it when you sign the franchise agreement.
Source: Majemco Inc, 2022 filing, page 9
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid monthly, plus up to 2% to the brand development fund. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid monthly; it can rise to 2%. |
| Transfer | $10,000 |
| Renewal | $5,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Majemco Inc, 2022 filing, page 10
Other fees as filed, from page 13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures GH Builders does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Majemco Inc, 2022 filing, page 45
How GH Builders compares
Of the 95 real estate franchises on this site, GH Builders is the 51st cheapest to open and the 87th largest by number of locations.
| Figure | GH Builders | Typical real estate brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $71K | $69K | $222K |
| Cost to open, high end | $521K | $244K | $477K |
| Franchise fee | $60K | $35K | $40K |
| Royalty | 5% | 6% | 6% |
| Brand fund | 1% | 1.5% | 2% |
| US locations | 1 | 67 | 21 |
| Shares earnings figures | No | 40 of 95 | 2,147 of 3,352 |
Typical is the median across the 95 brands in real estate franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 0 (0) | 0 | 0 | 0 |
| 2020 | 0 (0) | 0 | 0 | 0 |
| 2021 | 1 (+1) | 0 | – | – |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Majemco Inc, 2022 filing, page 46
Who owns GH Builders?
GH Builders franchises are sold by Majemco Inc.
From Majemco Inc’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Majemco Inc, 2022 filing, litigation on page 9, bankruptcy on page 9
GH Builders filings
The figures on this page come from Majemco Inc’s 2022 filing, issued April 29, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | April 29, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
