Lakeplace.com franchise: cost, fees and total investment
Short answer: The Lakeplace.com franchise fee is $10,000 and the total initial investment ranges from $16,000 to $114,500, with about $10,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the Lakeplace.com FDD.
What are the Lakeplace.com franchise fees and investment?
The Lakeplace.com franchise requires a franchise fee of $10,000 and a total initial investment of $16,000 to $114,500. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $10,000 |
|---|---|
| Total initial investment (FDD Item 7) | $16,000 to $114,500 |
| Minimum liquid cash | $10,000 |
| US locations | 12 |
| Industry | Real Estate (Brokerage) |
| Headquarters | Bloomington, Minnesota |
| Founded | 2015 |
| Franchising since | 2015 |
How does the Lakeplace.com investment compare with other real estate franchises?
Lakeplace.com's minimum investment of $16,000 is at or below the median minimum investment of $97,161 across the 116 real estate franchises in the SelectFranchiseList database. 110 of the other 115 brands in this industry start at a higher investment. Its franchise fee starting at $10,000 compares with an industry median of $34,750.
By minimum investment, Lakeplace.com belongs with franchises under $50,000.
What should you verify in the Lakeplace.com FDD?
Verify six parts of the Lakeplace.com Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether Lakeplace.com discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to Lakeplace.com?
These real estate franchises have the closest minimum investment to Lakeplace.com:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| Nexthome | $5,000 to $10,000 | $16,750 to $221,595 |
| Renters Warehouse | $1,000 to $10,000 | $14,819 to $50,405 |
| Sperry Commercial Global Affiliates | $5,000 to $10,000 | $14,800 to $181,500 |
| Christie's International Real Estate | $35,000 | $17,400 to $44,900 |
| JPAR Real Estate | $6,250 to $27,500 | $17,940 to $235,400 |
See every brand in real estate franchises.
Frequently asked questions
How much does a Lakeplace.com franchise cost?
The total initial investment for a Lakeplace.com franchise ranges from $16,000 to $114,500, including a franchise fee of $10,000, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a Lakeplace.com franchise?
Lakeplace.com lists a minimum of about $10,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many Lakeplace.com locations are there?
Lakeplace.com reported 12 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has Lakeplace.com been franchising?
Lakeplace.com started offering franchises in 2015 after the company was founded in 2015.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. Lakeplace.com and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by Lakeplace.com. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.