Howard Hanna franchise
2026 filing · April 27, 2026Fewer locations
Howard Hanna at a glance
A residential and commercial real estate brokerage. At the end of 2025 there were 465 Howard Hanna locations in the US, 40 franchised and 425 company-owned, so most are run by the company itself.
The business
- Industry
- Real estate
- Franchisor
- Howard Hanna Real Estate Associates, LLC
- The company that sells the franchises
- Franchisor based in
- Pittsburgh, Pennsylvania
- Typical size
- 800–1,000 sq ft
What you pay
- Cost to open
- $45K–$259K
- Fee, build-out and opening working capital
- Franchise fee
- $25,000
- $10,000 for each additional branch office
- Royalty
- 5%–6%
- 6% of the first $1 million of yearly gross receipts, 5.5% from $1 million to $2 million and lower rates above that, paid twice a month
- Brand fund
- None now
- No brand fund
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Franchisor financing
- None offered
Where it is
- US locations, 2025
- 465
- Franchised and company-owned
- Franchised
- 40
- Company-owned
- 425
- Change in 3 years
- −8
- Franchised locations, 2023–2025
- States
- 13
- Most in Ohio, New York and Pennsylvania
From Howard Hanna Real Estate Associates, LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Howard Hanna among all franchises with the same figure.
| Figure | Howard Hanna | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $151,750 | Costs less than 77% of franchises |
| Franchise feePaid once, when you sign | $25,000 | Lower than 82% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 465 | More than 94% of franchises |
How much a Howard Hanna franchise costs
Opening one Howard Hanna costs an estimated $45,000 to $258,500. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $50K.
Source: Howard Hanna Real Estate Associates, LLC, 2026 filing, page 25
Howard Hanna franchise fee
The franchise fee is $25,000, $10,000 for each additional branch office. You pay it when you sign the franchise agreement.
Source: Howard Hanna Real Estate Associates, LLC, 2026 filing, page 18
Royalty and ongoing fees
| Royalty | 6% of the first $1 million of yearly gross receipts, 5.5% from $1 million to $2 million and lower rates above that, paid twice a month. |
|---|---|
| Brand or marketing fund | No brand fund |
| Transfer fee | 25% of our then current Initial Franchise Fee. |
| Renewal fee | $5,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Howard Hanna Real Estate Associates, LLC, 2026 filing, pages 19 and 37
Other fees as filed, from pages 20–21. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Howard Hanna 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: Howard Hanna Real Estate Associates, LLC, 2026 filing, page 58
Growth and closures
Share of franchised locations, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | Howard Hanna | Typical real estate brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −9.1% / −17% | −0.9% / 0% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 11% / 21% | 10% / 29% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 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 Howard Hanna compares
Of the 95 real estate franchises on this site, Howard Hanna is the 31st cheapest to open and the 8th largest by number of locations.
| Figure | Howard Hanna | Typical real estate brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $45K | $69K | $222K |
| Cost to open, high end | $259K | $244K | $477K |
| Franchise fee | $25K | $35K | $40K |
| Royalty | 6% | 6% | 6% |
| US locations | 465 | 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 |
|---|---|---|---|---|
| 2023 | 45 (−3) | 410 | +1 | −4 |
| 2024 | 44 (−1) | 407 | 0 | −1 |
| 2025 | 40 (−4) | 425 | +1 | −5 |
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: Howard Hanna Real Estate Associates, LLC, 2026 filing, page 59
Where Howard Hanna locations are
At the end of 2025, Howard Hanna had locations in 13 states. The most are in Ohio, New York and Pennsylvania.
- Ohio143
- New York117
- Pennsylvania67
- North Carolina63
- South Carolina19
- Indiana15
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Ohio | 2 | 141 | 143 |
| New York | 8 | 109 | 117 |
| Pennsylvania | 23 | 44 | 67 |
| North Carolina | 1 | 62 | 63 |
| South Carolina | 0 | 19 | 19 |
| Indiana | 1 | 14 | 15 |
| Virginia | 0 | 13 | 13 |
| Michigan | 3 | 9 | 12 |
| New Jersey | 0 | 8 | 8 |
| Connecticut | 0 | 3 | 3 |
All 13 states
| Kentucky | 2 |
|---|---|
| West Virginia | 2 |
| Georgia | 1 |
Source: Howard Hanna Real Estate Associates, LLC, 2026 filing, page 61
Who owns Howard Hanna?
Howard Hanna franchises are sold by Howard Hanna Real Estate Associates, LLC.
From Howard Hanna Real Estate Associates, LLC’s 2026 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 16. |
|---|---|
| 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: Howard Hanna Real Estate Associates, LLC, 2026 filing, litigation on page 16, bankruptcy on page 17
Howard Hanna filings
The figures on this page come from Howard Hanna Real Estate Associates, LLC’s 2026 filing, issued April 27, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 27, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
