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ERA franchise — is it worth it?
High risk Shrinking network
ERA is a real estate franchise with an initial investment ranging from $34,470 to $266,900.
Everything below is free, read straight off ERA's registered filing, with where the numbers land against real estate peers. Weighing ERA against other options? Get a free shortlist of franchises that fit your budget.
Figures above are as disclosed in ERA's most recent FDD (registered 2026). Source: Wisconsin Dept. of Financial Institutions — Franchise Registration · filing 640571 — check it yourself. See every other Wisconsin-registered franchise.
Considering ERA? See what else fits your budget
Tell us your budget and the industries you're open to. We'll match you with 5–10 franchises whose own FDDs fit — ranked by earnings disclosure, growth and closure rate — and email you the list. ERA will be on it if it fits.
ERA franchise profit — what the FDD discloses
Plainly: ERA does not disclose franchise profit or revenue. Its most recent FDD makes no Item 19 financial performance representation, so there is no franchisor-backed earnings figure for ERA — any number quoted elsewhere is an estimate, not a disclosure. The absence is itself worth weighing (22% of real estate franchisors in our corpus do disclose); the fees, litigation and outlet churn ERA's FDD does contain are on this page. For brands that put earnings on paper, see Real estate franchises with disclosed Item 19 earnings.
ERA lawsuits & legal history (FDD Item 3)
ERA's most recently filed Franchise Disclosure Document (2026) does disclose 5 legal proceedings in Item 3 . Item 3 is the item where a franchisor must put its material legal history on the record. Two things it is not: it covers the franchisor and its predecessors, parents and affiliates, so a disclosed case is not necessarily a suit against ERA itself; and a disclosure is a fact, not a finding of wrongdoing — most entries are contract disputes with former franchisees, which every large system accumulates. 5 of those proceedings were brought by franchisees against the franchisor — the split that actually matters, because franchisees suing their franchisor is the signal a buyer is looking for. Item 3 of the source FDD describes each case.
ERA closures & failure rate
Before you sign, ERA will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what ERA's most recent filing shows, and whether it's normal for a real estate of this kind.
The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. ERA's latest tables show a shrinking franchised network — more units left than opened. Its franchised-outlet closure rate — closures, terminations and non-renewals against outlets — is 6.3%, against a real estate median of 6.3% — at or better than the category. Net franchised outlets moved -10 to 434 in the latest reported year.
Who owns ERA?
ERA's franchise is offered by ERA FRANCHISE SYSTEMS LLC — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2026), and the entity a franchisee actually signs with. That name comes straight off the filing at WI DFI; it identifies the franchisor, not necessarily the ultimate parent company behind it.
Real estate franchises at a similar investment level
Anyone weighing ERA is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.
ERA franchise — frequently asked
Who owns ERA — who is the franchisor?
ERA's most recently filed FDD (2026) names ERA FRANCHISE SYSTEMS LLC as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. A registry filing names the franchisor, not necessarily its ultimate parent company.
How much does a ERA franchise cost?
ERA's most recently filed FDD (Item 7) puts the total estimated initial investment at $34,470 – $266,900, with an initial franchise fee of $25,000 and a 6% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote. Against real estate peers it sits in the upper quartile (median $169,950).
How much profit does a ERA franchise make?
ERA makes no Item 19 financial performance representation, so there is no franchisor-disclosed revenue or profit figure for ERA at all — and profit would never be disclosed even where earnings are, because it depends on your rent, labor and how you operate. Any profit figure quoted elsewhere is an estimate, not a disclosure.
Does ERA disclose financial performance (Item 19)?
No — ERA's most recent FDD makes no Item 19 financial performance representation. Its absence is worth weighing: 22% of real estate franchisors in our corpus do disclose.
Are there lawsuits against ERA?
ERA's most recently filed FDD (2026) discloses 5 legal proceedings in Item 3. Item 3 covers the franchisor, its predecessors, parents and affiliates — so a disclosed case is not necessarily a suit against ERA itself, and a disclosure is not a finding of wrongdoing. 5 of the disclosed proceedings were brought by franchisees against the franchisor.
Is ERA a good franchise to buy?
Nobody can answer that from ERA's numbers alone — it comes down to how its investment, earnings, litigation and franchisee churn stack up against real estate peers and against your own budget. Our read on this filing is high risk. Every figure behind that read is on this page for free. If you're comparing options, the free shortlist on this page matches you with 5–10 franchises that fit your budget and industry.
Get a free email when something changes on ERA or real estate: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same state registries this page is built on.