1st Class Real Estate
Real Estate & Property · Real Estate Brokerages
- Active units
- 101
Franchised, year-end 2024
About 1st Class Real Estate
1st Class Real Estate is a customer service-focused real estate brand that offers a range of products and services to buyers, sellers, and real estate agents. Founded in 2013 by Rhyan Finch, the brand has quickly grown to multiple locations across the country. 1st Class Real Estate provides a proven model that includes software, systems, procedures, and support staff for various processes such as office operations, lead generation, marketing, branding, closing coordination, agent training, and more. Rhyan Finch, the CEO and Principal Broker, has led the company to rank in the top 4% of real estate companies in the Hampton Roads area and has over 1,000 agents and locations nationwide. With a mission to change lives and sell a few homes along the way, 1st Class Real Estate aims to increase the success rate of real estate agents by franchising their winning model and sharing trade secrets. They also offer a book titled Explode: The Proven System to Sell 500 Homes a Year While Keeping a Balanced Life authored by Rhyan Finch, which provides insights and strategies for building a successful real estate business. Contact 1st Class Real Estate today to learn more and start your journey towards success in the industry.
Key terms
- Franchise fee
$25k
- Brand fund
0.0% of Net Sales
- Footprint
500 – 2,500 sq ft
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing).
Growth
- Total locations18
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate-21.7%
Net unit growth versus prior year
- 3-year unit CAGR-11.5%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$95k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open30 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.