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Below is an in-depth analysis and side-by-side comparison of Avalar Real Estate & Mortgage Network vs Centum including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $31,000 - $315,500 | $100,000 |
Franchise Fee | $4,400 - $12,500 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1999 | 2002 |
Year Franchised | 1999 | 2002 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | - |
Marketing | - | - |
Operations |
10% of all franchisees own more than one unit
100% of current franchisees are owner/operators | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
Centum Financial Group Inc. is a federally incorporated company that is part of a global network of franchise organizations that includes financial services, real estate, travel services and hotel accommodations. Launched in October 2002, the CENTUM network has rapidly grown to include over 175 member locations that employ over 1200 mortgage agents across Canada.