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G.J. Gardner Homes franchise

2024 filing · April 19, 2024GrowingShares sales figures

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G.J. Gardner Homes at a glance

A home-building business that sells and manages the construction of new homes for customers using the G.J. Gardner Homes system. At the end of 2023 there were 24 G.J. Gardner Homes locations in the US, all franchised.

The business

Industry
Real estate
Franchisor
G J Gardner Homes USA, LLC
The company that sells the franchises
Who runs it
Manager
A trained manager can run it day to day

What you pay

Cost to open
$151K–$348K
Fee, build-out and opening working capital
Franchise fee
$50,000
Paid once, when you sign
Royalty
4%
The greater of 4% of gross sales or $3,500 a month, plus 1% to the marketing fund and $150 per home contract to the brand protection fund
Brand fund
1%
1% of gross sales, paid with the royalty
Agreement length
5 years
SBA Franchise Directory
Listed
SBA-backed loans are possible

Where it is

US locations, 2023
24
Franchised and company-owned
Franchised
24
Company-owned
0
Change in 3 years
+3
Franchised locations, 2021–2023
States
6
Most in California, Florida and Colorado

Support and records

Shares sales figures
Yes
$5.42M average per location
Initial training
76 hours
60 hours in class and 16 on the job
SBA loans approved
2
2013–2019
Lawsuits disclosed
None
Bankruptcy disclosed
None
Franchisor revenue, 2023
$3.53M
The company, not one location
Franchisor net income
$217K
Latest filing
Apr 19, 2024
2024 filing

From G J Gardner Homes USA, LLC’s 2024 filing; revenue and net income from its audited financial statements, page 101; SBA status from the SBA Franchise Directory, October 28, 2026.

Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.

Where it ranks

G.J. Gardner Homes among all franchises with the same figure.

FigureG.J. Gardner HomesAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$249,500Costs less than 63% of franchises
Franchise feePaid once, when you sign$50,000Higher than 70% of franchises
RoyaltyShare of sales paid to the franchisor4%Lower than 93% of brands with a set rate
US locationsFranchised and company-owned24More than 52% of franchises
Sales per locationYearly, as the brand reports it$5,420,916Higher than 99% of brands that share sales figures
Sales against cost to openYearly sales over the cost midpoint22×Higher than 99% of brands that share sales figures

How much a G.J. Gardner Homes franchise costs

Opening one G.J. Gardner Homes costs an estimated $151,000 to $348,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.

The biggest costs are payroll ($24,000 to $96,000) and rent ($10,000 to $55,000). Here is every line of the estimate as filed:

What it pays forRangeLowHigh
Initial Franchise Fee$50,000
Initial Marketing Spend$15,000
Rent$10,000$55,000
Leasehold improvements$20,000$50,000
Equipment$10,000$30,000
Local Area Marketing$1,000$3,000
Security deposits and other misc. opening exp.$4,000$12,000
Training expenses$10,000$20,000
Professional services$1,000$5,000
Payroll$24,000$96,000
Additional funds (3 months)$6,000$12,000
Total$151,000$348,000

Source: G J Gardner Homes USA, LLC, 2024 filing, page 14

G.J. Gardner Homes franchise fee

The franchise fee is $50,000. You pay it when you sign the franchise agreement.

Source: G J Gardner Homes USA, LLC, 2024 filing, page 9

Royalty and ongoing fees

RoyaltyThe greater of 4% of gross sales or $3,500 a month, plus 1% to the marketing fund and $150 per home contract to the brand protection fund.
Brand or marketing fund1% of gross sales, paid with the royalty.
Transfer FeeBetween 20% and 30% of the sale/transfer price..

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: G J Gardner Homes USA, LLC, 2024 filing, page 10

Other fees as filed, from page 10. The filing lists every fee, including late fees and audit costs.

Sales and earnings

Shares figures G.J. Gardner Homes publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.

Average revenue
$5,420,916
Median revenue
$4,765,227

Yearly figures for 2023, covering U.S. franchisees active all of 2023, value of homes reaching the slab stage (11 locations). The average is about 22 times the midpoint of the cost to open.

Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.

Source: G J Gardner Homes USA, LLC, 2024 filing, page 34

SBA loans to G.J. Gardner Homes franchisees

Lenders approved 2 SBA 7(a) loans for G.J. Gardner Homes franchisees from 2013 to 2019, $574K in all. All 2 that have ended were paid in full; none was charged off.

A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.

Source: SBA 7(a) and 504 loan data, as of September 30, 2026

Growth and closures

Share of franchised locations, 2023 / 2021–2023. Typical means the median: half of brands are above it, half below.

MeasureG.J. Gardner HomesTypical real estate brandTypical franchise
GrowthNet change in franchised locations+41% / +14%−0.9% / 0%+1.2% / +10%
ClosuresTerminated, not renewed or stopped operating18% / 67%10% / 29%3.9% / 16%
Bought backLocations the franchisor took back0% / 0%0% / 0%0% / 0%

Typical real estate brand is the median of the 44 brands in real estate franchises with three years of counts.

How G.J. Gardner Homes compares

Of the 95 real estate franchises on this site, G.J. Gardner Homes is the 77th cheapest to open and the 63rd largest by number of locations.

FigureG.J. Gardner HomesTypical real estate brandTypical franchise
Cost to open, low end$151K$69K$222K
Cost to open, high end$348K$244K$477K
Franchise fee$50K$35K$40K
Royalty4%6%6%
Brand fund1%1.5%2%
Sales per location$5.42M$553K$794K
US locations246721
Shares earnings figuresYes40 of 952,147 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

17 opened
14 closed or left
Franchised locations, last 3 years
2021
4 opened8 closed or left
17 (−4)
2022
3 opened3 closed or left
17 (0)
2023
10 opened3 closed or left
24 (+7)
YearFranchisedCompany-ownedOpenedClosed
202117 (−4)0+4−8
202217 (0)0+3−3
202324 (+7)0+10−3

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: G J Gardner Homes USA, LLC, 2024 filing, page 37

Source filing (2024, PDF)

Where G.J. Gardner Homes locations are

At the end of 2023, G.J. Gardner Homes had franchised locations in 6 states. The most are in California, Florida and Colorado.

  • California6
  • Florida6
  • Colorado5
  • Indiana3
  • Texas3
  • Missouri1

Source: G J Gardner Homes USA, LLC, 2024 filing, page 38

Who owns G.J. Gardner Homes?

G.J. Gardner Homes franchises are sold by G J Gardner Homes USA, LLC.

From G J Gardner Homes USA, LLC’s 2024 filing.

G.J. Gardner Homes filings

The figures on this page come from G J Gardner Homes USA, LLC’s 2024 filing, issued April 19, 2024, on record with the NASAA Electronic Filing Depository.

G.J. Gardner Homes filings, newest first
FilingIssuedRegistryOn this page
2024 filingApril 19, 2024NASAA depositoryCosts, fees and locations, 2021–2023

Each link opens the filing as a PDF. See the newest filings across all brands.

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