Century 21 vs National Restaurant Properties Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Century 21 vs National Restaurant Properties including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$24,700 - $451,350 | $39,450 - $105,700 |
Franchise Fee |
$12,500 - $25,000 | $35,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
2% | 2% |
Year Founded |
1971 | 1968 |
Year Franchised |
1972 | 1990 |
Term Of Agreement |
10 years | 20 years |
Term Of Agreement |
10 years | 20 years |
Renewal Fee |
- | 20% of current franchise fee |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
Yes/Yes | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | 2 weeks |
Support |
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Century 21
When you become part of the CENTURY 21® System, you’ll have the flexibility and entrepreneurial opportunity of being independently owned and operated along with the brand presence and buying power of the world’s most iconic real estate brand.
• Global Exposure
• Comprehensive Training
• In-Market Support
• World-Class Marketing
• The Scale and Buying Power of a Global Partner
According to the 2013 National Association of REALTORS® Profile of Real Estate Firms, those real estate firms affiliated with a franchise report an 87% boost in name recognition, an 85% increase in enhanced use of technology, and an 83% improvement in acquiring listings.
Find out what more than 8,000 independently owned and operated franchise brokers across 80 countries and territories already know. The CENTURY 21 System is the most recognized real estate company as chosen by consumers from a list of real estate agencies.*
The CENTURY 21 System is accepting franchise applications in key markets for individuals that are interested in setting a new standard of service, quality, and commitment.
The total investment necessary to begin operation of a CENTURY 21
franchise is approximately $24,700 to $264,050 for a conversion real
estate office, and $106,200 to $451,350 for a start-up real estate
office. This includes $0 to $25,000 that must be paid to the franchisor
or its affiliate. The standard initial franchise fee for a residential
franchise is $25,000 for the first office and $10,000 for each
additional office.
Veteran Incentives
Franchise fee waived
#80 on Franchise Rankings.com
#362 in Franchise 500 for 2021. Not in Franchise 500 for 2020.
About National Restaurant Properties
Like many American businesses, National
Restaurant Properties was born out of necessity. Founder, Bob Dowdy
loved creating and growing innovative, fresh business concepts from a
very young age. A successful pattern quickly developed where Bob would
create, build, sell and start again with each restaurant property he
ran. Eventually, there was a light-bulb moment where he
realized he enjoyed selling the restaurants more than owning them. After
a short time finagling his way into the world of business brokerage, National Restaurant Properties came to fruition.
National Restaurant Properties is America's largest Restaurant brokerage franchise. Our founder has been brokering restaurants since 1968. We offer a proven franchise concept. The system has grown to over 13 locations throughout the Southeast United States. We offer:
*Low entry fee
*Niche market
*Protected territories
*In home or virtual office start up
*Comprehensive training
*Ongoing support
*Demographic package information
*National marketing
*Proprietary website
Our franchise locations work best in positive growth demographic areas.