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Updated RecentlyWhy USA vs ERA Franchise Systems LLC Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Why USA vs ERA Franchise Systems LLC including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $17,000 - $103,400 | $27,350 - $432,550 |
| Franchise Fee | N/A | $25,000 |
| Royalty Fee | Varies | 6% of gross revenue |
| Advertising Fee | - | 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch) |
| Year Founded | 1988 | 1971 |
| Year Franchised | 1989 | 1972 |
| Term Of Agreement | 3 years | 10 years |
| Term Of Agreement | 3 years | 10 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 | Yes/No | Yes/No |
| Start-up Costs | No/No | Yes/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | 2 conferences per year, monthly tele-conferences | - |
| Support | Meetings, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks | Ad slicks, National media, Regional advertising |
| Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Why USA
Why USA was founded in 1988 and began franchising in 1989. The company utilizes a flat-fee commission system as well as its own sales program. It now has locations throughout the United States and is based in Cedar Rapids, Iowa.
About ERA Franchise Systems LLC
Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.