| ||||
Updated RecentlyWhy USA vs Crye-Leike Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Why USA vs Crye-Leike including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $17,000 - $103,400 | $59,100 - $160,300 |
| Franchise Fee | N/A | $13,500 - $25,000 |
| Royalty Fee | Varies | 6% |
| Advertising Fee | - | - |
| Year Founded | 1988 | 1976 |
| Year Franchised | 1989 | 1999 |
| Term Of Agreement | 3 years | 5 years |
| Term Of Agreement | 3 years | 5 years |
| Renewal Fee | - | 10% of initial fee |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | 2 conferences per year, monthly tele-conferences | - |
| Support | Meetings, Internet, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks | - |
| 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) | - |
Expansion Plans |
||
| 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 Crye-Leike
As a full service real estate company since 1976, Crye-Leike offers real estate and related services, including: relocation services; commercial business and investment real estate services; property leasing and management services; insurance services; title & closing services; mortgage services; home warranty services; home services; auction services; business brokerage services; REO services for bank-owned & foreclosed properties and real estate schools.
The Crye-Leike has grown to be a brand to be reckoned with among real estate brands.