Howard Hanna Real Estate
Source filing: WI · filed 2026-04-29
Item 5 — Initial franchise fee
$25,000 [p.18 · WI · 2026-04-29]
Item 6 — Recurring fees (royalty & advertising)
| Royalty | Royalties are a percentage of your Annual Gross Receipts calculated in accordance with the following formula: (a) 6% of the initial $1,000,000.00 of Annual Gross Receipts; plus (b) 5.5% of Annual Gross Receipts of $1,000,000.01 or more but less than $2,000,000.00; plus (c) 5% of Annual Gross Receipts in excess of $2,000,000.01 or more but less than $3,000,000.00; plus (d) 4% of Annual Gross Receipts of $3,000,000.01 or more but less than $4,000,000.00; plus (e) 3% of Annual Gross Receipts of $4,000,000.01 or more but less than $5,000,000.00; plus (f) 2% of Annual Gross Receipts of $5,000,000.01 or more, subject to a minimum annual royalty fee equal to $25,000 per office. See Note 1. [p.19 · WI · 2026-04-29] |
|---|---|
| Minimum Annual Royalty Fee | $25,000 [p.21 · WI · 2026-04-29] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
$45,000 [p.25 · WI · 2026-04-29] – $258,500 [p.25 · WI · 2026-04-29]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 44 [p.59 · WI · 2026-04-29] |
|---|---|
| Franchised outlets at end of year | 40 [p.59 · WI · 2026-04-29] |
| Net change in franchised outlets | -4 [p.59 · WI · 2026-04-29] |
| Transfers | 0 [p.60 · WI · 2026-04-29] |
| Terminations | 2 [p.61 · WI · 2026-04-29] |
| Non-renewals | 0 [p.61 · WI · 2026-04-29] |
| Ceased operations (other) | 3 [p.61 · WI · 2026-04-29] |
| Company-owned outlets at end of year | 425 [p.59 · WI · 2026-04-29] |
Item 19 — Financial performance representation
This filing does not include an Item 19 financial performance representation.
Extraction notes
- Item 7 totals were extracted with model assistance and verified against the cited page.