Verified — real FDD extraction
SBA-eligible · directory code S1847 since 2017
UNITED COUNTRY REAL ESTATE
Real Estate · independent · est. —
United Country Real Estate is a real estate franchise specializing in rural, small-town, and lifestyle properties such as farms, ranches, and country homes, with an affiliated auction business. A franchisee operates a brokerage office with licensed agents serving buyers and sellers in non-urban markets.
UNITED COUNTRY REAL ESTATE net unit count declined -4.5% from 2023–2025 per its FDD Item 20.
New to franchising? Start here
A franchise is a business where you (the franchisee) pay a company (the franchisor) for the right to open and run a location using their brand and system — think a local Anytime Fitness or Taco John's owned by a small-business owner, not the corporation.
Before you can buy in, U.S. law requires the franchisor to give you a Franchise Disclosure Document (FDD) — a long legal filing covering its fees, finances, and history. The numbers on this page come straight from that document:
- Franchise fee — the one-time cost to buy in.
- Royalty — the ongoing cut of your sales you pay the franchisor.
- Item 20 — how many locations opened and closed, the basis for our verdict (from Proven & strong down to Distressed — or Too new to judge).
The verdict
Showing strain
Distress
The franchisor's own audited financials carry going-concern language — its auditor has doubts about its survival. Fundamentals cannot out-rank that.
Exit rate · latest year
7.1%
vs 9.9% across 16 real estate systems
Cost to open
$11K–$46K
Item 7 total investment range
SBA loan defaults
Too few resolved
4 loans exist; too few resolved to rate
Behind the verdict
the record, factor by factor · Item 20
3-yr trend · Item 20 Table 1
terminations + ceased-ops vs. all exits · Table 3
transfers vs. base · Table 3
actual vs. projected openings · Table 5
Item 19 disclosure + completeness
Systemwide units
2023–2025
Survival record
FDD Item 20 · outlet status by year
In fiscal 2025, 27 of 378 franchised outlets left the system — a 7.1% annualized exit rate, vs 9.9% across 16 real estate systems. Not every exit is a failure — but this is the measurable floor.
Show the outlet tables ↓Hide the evidence ↑
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 395 | 396 | 380 |
| Opened | 31 | 21 | 25 |
| Transfers | 19 | 17 | 8 |
| Terminations | 9 | 6 | 4 |
| Non-renewals | 9 | 17 | 12 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 13 | 14 | 11 |
| Outlets at end | 396 | 380 | 378 |
| Net change | +1 | -16 | -2 |
The lender's view
SBA 7(a)/504 loan performance · FY1991–present
Banks have made 4 SBA-backed loans to UNITED COUNTRY REAL ESTATE franchisees since 2016. Most are still open, so there is not yet a resolved cohort large enough to rate.
—
2 resolved · too thin to rate
—
avg. charged-off $ ÷ approved $
—
default rate × loss severity
$162,500
what recent franchisees borrowed
—
approval → charge-off, defaulted loans
1 vs 2
distinct banks — pulling back
Charge-off rate by loan approval year (%)
SOURCE: SBA 7(a)/504 FOIA LOAN DATA (DATA.SBA.GOV), FY1991–PRESENT · MATCHED TO UNITED COUNTRY REAL ESTATE BY FRANCHISE NAME · RESOLVED = CHARGED-OFF + PAID-IN-FULL
What it costs — and what it drags
FDD Items 5–7 · fees, investment, royalty
Buying in means a $20K franchise fee (Item 5) and a total investment of $11K–$46K (Item 7). The franchisor publishes no earnings claim (Item 19) — ask current and former franchisees for real numbers.
To open (Item 7)
$11K–$46K
all-in investment range
Franchise fee (Item 5)
$20K
upfront, one-time
Royalty (Item 6)
—
of sales, ongoing
Your figure — this brand discloses no Item 19 earnings; validate with current & former owners.
Royalty you'd pay / yr
$0
0% of sales, before profit
Over a 10-yr term
$0
royalties alone, excl. ad fund
This is not profit. It's the only money the FDD actually pins down — what you put in, and the royalty you owe on every dollar of sales. Your real take-home depends on labor, rent, food cost, and ramp-to-breakeven, none of which any FDD discloses.
Build a real pro-forma for UNITED COUNTRY REAL ESTATE with an independent CPAModeled risk
FDD Risk Score · modeled from the public record
The public record puts this brand toward the riskier end of the systems we score — but the evidence is thin, so treat it as a range, not a number.
Risk percentile (range)
80–100 / 100
Directional
Modeled SBA charge-off
21.8%
Observed SBA charge-off
no resolved cohort
Top drivers: Non-clean audit opinion (raises) · Investment ceiling (log) (raises) · System size (log units) (lowers) · Item 3 litigation (log) (lowers). Thin loan history — treat this as a range, not a number. A linear scorecard built from this brand's own disclosure figures plus the federal loan record behind its franchisees; full spec and cross-validated accuracy on the methodology page. A score is context, not a verdict.
Distress signals
news-sourced · bankruptcies, closures, lawsuits
No recent closures, bankruptcies, or major lawsuits found in the news for UNITED COUNTRY REAL ESTATE. That's a good sign — but it reflects news coverage, not a guarantee.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing UNITED COUNTRY REAL ESTATE's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →UNITED COUNTRY REAL ESTATE franchise questions, answered from the filings
What percentage of UNITED COUNTRY REAL ESTATE franchises closed last year?
In UNITED COUNTRY REAL ESTATE's latest FDD Item 20 (fiscal 2025), 27 of 378 franchised outlets left the system — an annualized exit rate of 7.1% — compared with 9.9% across 16 real estate systems tracked here. That counts terminations, non-renewals, and "ceased operations — other reasons." There is no official failure rate, and not every exit is a failure, but this is the measurable floor.
How much does a UNITED COUNTRY REAL ESTATE franchise cost?
Per UNITED COUNTRY REAL ESTATE's 2026 FDD, buying in requires an initial franchise fee of $20K (Item 5) and a total initial investment of $11K–$46K (Item 7).
Does UNITED COUNTRY REAL ESTATE disclose earnings (Item 19)?
No — UNITED COUNTRY REAL ESTATE's 2026 FDD makes no financial performance representation in Item 19. That is legal and common, but it means the franchisor publishes no earnings claim; ask current franchisees for real numbers.